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November 2007 » Market Analysis » New York Market Data
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NYC Real Estate Statistics
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Manhattan Office Rent Vacancy
- Total Manhattan Office Market vacancy increased from 20.08 million RSF to 21.16 million RSF.
- Total Midtown Office vacancy increased from 11.28 million RSF to 11.37 million RSF.
- Total Midtown South Office vacancy increased from 3.04 million RSF to 4.09 million RSF.
- Total Downtown Office vacancy decreased from 5.76 million RSF to 5.7 million RSF
- Total Manhattan Office direct lease vacancy increased from 17.29 million RSF to 18.16 million RSF.
- Total vacant Office Direct Space For Rent in Midtown Manhattan increased from 9.5 million RSF to 9.54 million RSF.
- Manhattan Office Sublease vacancy increased from 2.8 million RSF to 3.0 million RSF.
- Total vacant Office Sublease Space For Lease in Midtown Manhattan increased from 1.78 million RSF to 1.83 million RSF.
- Total vacant Office Direct Space For Rent in Midtown South Manhattan increased from 2.67 million RSF to 3.71 million RSF.
- Total vacant Office Sublease Space For Lease in Midtown South Manhattan increased from 0.38 million RSF to 0.38 million RSF.
- Total vacant Office Direct Space For Rent in Downtown Manhattan decreased from 5.12 million RSF to 4.91 million RSF
- Total vacant Office Sublease Space For Lease in Downtown Manhattan increased from 0.64 million RSF to 0.79 million RSF.
Manhattan Retail Rent Vacancy
- Total Available Manhattan Retail Space decreased from 1.01 million RSF to 0.99 million RSF
- Midtown Manhattan Retail vacancy increased from 0.19 million RSF to 0.22 million RSF.
- Midtown South Retail space vacancies decreased from 0.71 million RSF to 0.7 million RSF
- In Downtown Manhattan, Retail vacancy decreased from 0.11 million RSF to 0.07 million RSF
Manhattan Industrial Rent Vacancy
- Total Available Manhattan Industrial Space decreased from 0.26 million RSF to 0.2 million RSF
- Midtown Manhattan Industrial vacancy decreased from 0.111 million RSF to 0.102 million RSF
- Midtown South Industrial space vacancies decreased from 0.144 million RSF to 0.089 million RSF
- In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.
