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January 2009 » Market Analysis » New York Market Data
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Manhattan Office Rent Vacancy
- Total Manhattan Office Market vacancy increased from 27.87 million RSF to 31.34 million RSF.
- Total Midtown Office vacancy increased from 16.01 million RSF to 18.67 million RSF.
- Total Midtown South Office vacancy increased from 5.75 million RSF to 6.27 million RSF.
- Total Downtown Office vacancy increased from 6.11 million RSF to 6.41 million RSF.
- Total Manhattan Office direct lease vacancy increased from 22.5 million RSF to 24.43 million RSF.
- Total vacant Office Direct Space For Rent in Midtown Manhattan increased from 12.96 million RSF to 14.49 million RSF.
- Manhattan Office Sublease vacancy increased from 5.37 million RSF to 6.91 million RSF.
- Total vacant Office Sublease Space For Lease in Midtown Manhattan increased from 3.05 million RSF to 4.18 million RSF.
- Total vacant Office Direct Space For Rent in Midtown South Manhattan increased from 5.07 million RSF to 5.55 million RSF.
- Total vacant Office Sublease Space For Lease in Midtown South Manhattan increased from 0.68 million RSF to 0.71 million RSF.
- Total vacant Office Direct Space For Rent in Downtown Manhattan decreased from 4.48 million RSF to 4.39 million RSF
- Total vacant Office Sublease Space For Lease in Downtown Manhattan increased from 1.63 million RSF to 2.01 million RSF.
Manhattan Retail Rent Vacancy
- Total Available Manhattan Retail Space increased from 1.03 million RSF to 1.11 million RSF.
- Midtown Manhattan Retail vacancy increased from 0.28 million RSF to 0.32 million RSF.
- Midtown South Retail space vacancies increased from 0.61 million RSF to 0.64 million RSF.
- In Downtown Manhattan, Retail vacancy increased from 0.14 million RSF to 0.15 million RSF.
Manhattan Industrial Rent Vacancy
- Total Available Manhattan Industrial Space stayed at 0.37 million RSF.
- Midtown Manhattan Industrial vacancy stayed at 0.02 million RSF.
- Midtown South Industrial space vacancies increased from 0.345 million RSF to 0.346 million RSF.
- In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.
