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January 2019
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December 2018
January 2019 New York Real Estate Market Data
Page 4
February 2019
January 7, 2019
Manhattan Office Rent Vacancy
Total Manhattan Office Market vacancy increased from 36.24 million RSF to 40.12 million RSF.
Total Midtown Office vacancy increased from 20.94 million RSF to 21.53 million RSF.
Total Midtown South Office vacancy increased from 5.89 million RSF to 8.07 million RSF.
Total Downtown Office vacancy increased from 9.41 million RSF to 10.52 million RSF.
Total Manhattan Office direct lease vacancy increased from 31.29 million RSF to 34.65 million RSF.
Total vacant Office Direct Space For Rent in Midtown Manhattan increased from 17.93 million RSF to 18.15 million RSF.
Manhattan Office Sublease vacancy increased from 4.95 million RSF to 5.47 million RSF.
Total vacant Office Sublease Space For Lease in Midtown Manhattan increased from 3.01 million RSF to 3.38 million RSF.
Total vacant Office Direct Space For Rent in Midtown South Manhattan increased from 4.9 million RSF to 7.0 million RSF.
Total vacant Office Sublease Space For Lease in Midtown South Manhattan increased from 0.99 million RSF to 1.06 million RSF.
Total vacant Office Direct Space For Rent in Downtown Manhattan increased from 8.46 million RSF to 9.49 million RSF.
Total vacant Office Sublease Space For Lease in Downtown Manhattan increased from 0.95 million RSF to 1.03 million RSF.
Manhattan Retail Rent Vacancy
Total Available Manhattan Retail Space increased from 1.53 million RSF to 1.57 million RSF.
Midtown Manhattan Retail vacancy decreased from 0.53 million RSF to 0.52 million RSF
Midtown South Retail space vacancies increased from 0.67 million RSF to 0.73 million RSF.
In Downtown Manhattan, Retail vacancy decreased from 0.33 million RSF to 0.32 million RSF
Manhattan Industrial Rent Vacancy
Total Available Manhattan Industrial Space increased from 0.02 million RSF to 0.08 million RSF.
Midtown Manhattan Industrial vacancy increased from 0.014 million RSF to 0.078 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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