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March 2016
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February 2016
March 2016 New York Real Estate Market Data
Page 4
April 2016
March 7, 2016
Manhattan Office Rent Vacancy
Total Manhattan Office Market vacancy increased from 35.66 million RSF to 36.05 million RSF.
Total Midtown Office vacancy increased from 20.56 million RSF to 20.94 million RSF.
Total Midtown South Office vacancy increased from 5.32 million RSF to 5.37 million RSF.
Total Downtown Office vacancy decreased from 9.77 million RSF to 9.73 million RSF
Total vacant Office Direct Space For Rent in Midtown Manhattan increased from 18.2 million RSF to 18.47 million RSF.
Total Manhattan Office direct lease vacancy increased from 32.42 million RSF to 32.66 million RSF.
Total vacant Office Sublease Space For Lease in Midtown Manhattan increased from 2.37 million RSF to 2.47 million RSF.
Manhattan Office Sublease vacancy increased from 3.24 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 4.97 million RSF.
Total vacant Office Sublease Space For Lease in Midtown South Manhattan decreased from 0.42 million RSF to 0.4 million RSF
Total vacant Office Direct Space For Rent in Downtown Manhattan decreased from 9.32 million RSF to 9.22 million RSF
Total vacant Office Sublease Space For Lease in Downtown Manhattan increased from 0.45 million RSF to 0.51 million RSF.
Manhattan Retail Rent Vacancy
Total Available Manhattan Retail Space decreased from 1.0 million RSF to 0.99 million RSF
Midtown Manhattan Retail vacancy decreased from 0.36 million RSF to 0.34 million RSF
Midtown South Retail space vacancies stayed at 0.41 million RSF.
In Downtown Manhattan, Retail vacancy stayed at 0.23 million RSF.
Manhattan Industrial Rent Vacancy
Total Available Manhattan Industrial Space decreased from 0.16 million RSF to 0.06 million RSF
Midtown Manhattan Industrial vacancy stayed at 0.02 million RSF.
Midtown South Industrial space vacancies decreased from 0.137 million RSF to 0.037 million RSF
In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.
Page 4
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