July 2012 New York Real Estate Market Data

Manhattan Office Rent Vacancy

• Total Manhattan Office Market vacancy increased from 30.47 million RSF to 31.21 million RSF.
• Total Midtown Office vacancy increased from 19.96 million RSF to 20.89 million RSF.
• Total Midtown South Office vacancy decreased from 3.86 million RSF to 3.77 million RSF
• Total Downtown Office vacancy decreased from 6.65 million RSF to 6.55 million RSF
• Total Manhattan Office direct lease vacancy increased from 26.57 million RSF to 27.3 million RSF.
• Total vacant Office Direct Space For Rent in Midtown Manhattan increased from 17.12 million RSF to 18.02 million RSF.
• Manhattan Office Sublease vacancy increased from 3.9 million RSF to 3.91 million RSF.
• Total vacant Office Sublease Space For Lease in Midtown Manhattan increased from 2.84 million RSF to 2.88 million RSF.
• Total vacant Office Direct Space For Rent in Midtown South Manhattan decreased from 3.57 million RSF to 3.49 million RSF
• Total vacant Office Sublease Space For Lease in Midtown South Manhattan decreased from 0.29 million RSF to 0.27 million RSF
• Total vacant Office Direct Space For Rent in Downtown Manhattan decreased from 5.88 million RSF to 5.79 million RSF
• Total vacant Office Sublease Space For Lease in Downtown Manhattan decreased from 0.77 million RSF to 0.76 million RSF

Manhattan Retail Rent Vacancy

• Total Available Manhattan Retail Space increased from 0.81 million RSF to 0.85 million RSF.
• Midtown Manhattan Retail vacancy increased from 0.29 million RSF to 0.32 million RSF.
• Midtown South Retail space vacancies increased from 0.35 million RSF to 0.36 million RSF.
• In Downtown Manhattan, Retail vacancy stayed at 0.17 million RSF.

Manhattan Industrial Rent Vacancy

• Total Available Manhattan Industrial Space stayed at 0.08 million RSF.
• Midtown Manhattan Industrial vacancy stayed at 0.0 million RSF.
• Midtown South Industrial space vacancies stayed at 0.08 million RSF.
• In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.