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May 2008
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April 2008
May 2008 New York Real Estate Market Data
Page 4
June 2008
May 7, 2008
Manhattan Office Rent Vacancy
Total Manhattan Office Market vacancy increased from 21.02 million RSF to 22.31 million RSF.
Total Midtown Office vacancy increased from 11.6 million RSF to 11.87 million RSF.
Total Midtown South Office vacancy increased from 3.9 million RSF to 4.07 million RSF.
Total Downtown Office vacancy increased from 5.52 million RSF to 6.37 million RSF.
Total vacant Office Direct Space For Rent in Midtown Manhattan increased from 9.72 million RSF to 9.9 million RSF.
Total Manhattan Office direct lease vacancy increased from 18.04 million RSF to 18.45 million RSF.
Total vacant Office Sublease Space For Lease in Midtown Manhattan increased from 1.88 million RSF to 1.97 million RSF.
Manhattan Office Sublease vacancy increased from 2.98 million RSF to 3.87 million RSF.
Total vacant Office Direct Space For Rent in Midtown South Manhattan increased from 3.6 million RSF to 3.78 million RSF.
Total vacant Office Sublease Space For Lease in Midtown South Manhattan decreased from 0.29 million RSF to 0.29 million RSF
Total vacant Office Direct Space For Rent in Downtown Manhattan increased from 4.72 million RSF to 4.76 million RSF.
Total vacant Office Sublease Space For Lease in Downtown Manhattan increased from 0.8 million RSF to 1.61 million RSF.
Manhattan Retail Rent Vacancy
Total Available Manhattan Retail Space decreased from 1.12 million RSF to 1.09 million RSF
Midtown Manhattan Retail vacancy decreased from 0.24 million RSF to 0.23 million RSF
Midtown South Retail space vacancies decreased from 0.76 million RSF to 0.72 million RSF
In Downtown Manhattan, Retail vacancy increased from 0.11 million RSF to 0.13 million RSF.
Manhattan Industrial Rent Vacancy
Total Available Manhattan Industrial Space increased from 0.32 million RSF to 0.33 million RSF.
Midtown Manhattan Industrial vacancy stayed at 0.17 million RSF.
Midtown South Industrial space vacancies stayed at 0.15 million RSF.
In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.
Page 4
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