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February 2019
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January 2019
February 2019 New York Real Estate Market Data
Page 4
March 2019
February 7, 2019
Manhattan Office Rent Vacancy
Total Manhattan Office Market vacancy decreased from 40.12 million RSF to 36.89 million RSF
Total Midtown Office vacancy decreased from 21.53 million RSF to 21.36 million RSF
Total Midtown South Office vacancy decreased from 8.07 million RSF to 6.1 million RSF
Total Downtown Office vacancy decreased from 10.52 million RSF to 9.43 million RSF
Total Manhattan Office direct lease vacancy decreased from 34.65 million RSF to 31.24 million RSF.
Total vacant Office Direct Space For Rent in Midtown Manhattan decreased from 18.15 million RSF to 18.07 million RSF
Manhattan Office Sublease vacancy increased from 5.47 million RSF to 5.65 million RSF.
Total vacant Office Sublease Space For Lease in Midtown Manhattan decreased from 3.38 million RSF to 3.29 million RSF
Total vacant Office Direct Space For Rent in Midtown South Manhattan decreased from 7.0 million RSF to 4.81 million RSF
Total vacant Office Sublease Space For Lease in Midtown South Manhattan increased from 1.06 million RSF to 1.29 million RSF.
Total vacant Office Direct Space For Rent in Downtown Manhattan decreased from 9.49 million RSF to 8.36 million RSF
Total vacant Office Sublease Space For Lease in Downtown Manhattan increased from 1.03 million RSF to 1.07 million RSF.
Manhattan Retail Rent Vacancy
Total Available Manhattan Retail Space decreased from 1.57 million RSF to 1.54 million RSF
Midtown Manhattan Retail vacancy increased from 0.52 million RSF to 0.58 million RSF.
Midtown South Retail space vacancies decreased from 0.73 million RSF to 0.7 million RSF
In Downtown Manhattan, Retail vacancy decreased from 0.32 million RSF to 0.26 million RSF
Manhattan Industrial Rent Vacancy
Total Available Manhattan Industrial Space stayed at 0.08 million RSF.
Midtown Manhattan Industrial vacancy stayed at 0.08 million RSF.
Midtown South Industrial space vacancies stayed at 0.01 million RSF.
In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.
Page 4
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