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July 2008
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June 2008
July 2008 New York Real Estate Market Data
Page 4
August 2008
July 7, 2008
Manhattan Office Rent Vacancy
Total Manhattan Office Market vacancy increased from 22.68 million RSF to 23.06 million RSF.
Total Midtown Office vacancy increased from 12.15 million RSF to 12.19 million RSF.
Total Midtown South Office vacancy increased from 4.22 million RSF to 4.4 million RSF.
Total Downtown Office vacancy increased from 6.31 million RSF to 6.46 million RSF.
Total vacant Office Direct Space For Rent in Midtown Manhattan decreased from 10.29 million RSF to 10.12 million RSF
Total Manhattan Office direct lease vacancy increased from 18.99 million RSF to 19.12 million RSF.
Total vacant Office Sublease Space For Lease in Midtown Manhattan increased from 1.86 million RSF to 2.08 million RSF.
Manhattan Office Sublease vacancy increased from 3.69 million RSF to 3.94 million RSF.
Total vacant Office Direct Space For Rent in Midtown South Manhattan increased from 3.95 million RSF to 4.07 million RSF.
Total vacant Office Sublease Space For Lease in Midtown South Manhattan increased from 0.27 million RSF to 0.33 million RSF.
Total vacant Office Direct Space For Rent in Downtown Manhattan increased from 4.75 million RSF to 4.94 million RSF.
Total vacant Office Sublease Space For Lease in Downtown Manhattan decreased from 1.55 million RSF to 1.53 million RSF
Manhattan Retail Rent Vacancy
Total Available Manhattan Retail Space increased from 1.1 million RSF to 1.11 million RSF.
Midtown Manhattan Retail vacancy increased from 0.24 million RSF to 0.26 million RSF.
Midtown South Retail space vacancies increased from 0.74 million RSF to 0.76 million RSF.
In Downtown Manhattan, Retail vacancy decreased from 0.11 million RSF to 0.09 million RSF
Manhattan Industrial Rent Vacancy
Total Available Manhattan Industrial Space increased from 0.31 million RSF to 0.55 million RSF.
Midtown Manhattan Industrial vacancy stayed at 0.18 million RSF.
Midtown South Industrial space vacancies increased from 0.136 million RSF to 0.371 million RSF.
In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.
Page 4
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