November 2015 » Market Analysis » New York Market Data

November 2015 New York Real Estate Market Data


Manhattan Office Rent Vacancy

  • Total Manhattan Office Market vacancy decreased from 33.52 million RSF to 33.42 million RSF
  • Total Midtown Office vacancy decreased from 19.41 million RSF to 19.23 million RSF
  • Total Midtown South Office vacancy decreased from 4.76 million RSF to 4.61 million RSF
  • Total Downtown Office vacancy increased from 9.36 million RSF to 9.58 million RSF.
  • Total vacant Office Direct Space For Rent in Midtown Manhattan decreased from 17.11 million RSF to 17.05 million RSF
  • Total Manhattan Office direct lease vacancy increased from 30.4 million RSF to 30.41 million RSF.
  • Total vacant Office Sublease Space For Lease in Midtown Manhattan decreased from 2.3 million RSF to 2.18 million RSF
  • Manhattan Office Sublease vacancy decreased from 3.12 million RSF to 3.01 million RSF.
  • Total vacant Office Direct Space For Rent in Midtown South Manhattan decreased from 4.35 million RSF to 4.21 million RSF
  • Total vacant Office Sublease Space For Lease in Midtown South Manhattan decreased from 0.41 million RSF to 0.4 million RSF
  • Total vacant Office Direct Space For Rent in Downtown Manhattan increased from 8.95 million RSF to 9.14 million RSF.
  • Total vacant Office Sublease Space For Lease in Downtown Manhattan increased from 0.41 million RSF to 0.43 million RSF.

Manhattan Retail Rent Vacancy

  • Total Available Manhattan Retail Space decreased from 0.98 million RSF to 0.97 million RSF
  • Midtown Manhattan Retail vacancy decreased from 0.34 million RSF to 0.33 million RSF
  • Midtown South Retail space vacancies decreased from 0.37 million RSF to 0.36 million RSF
  • In Downtown Manhattan, Retail vacancy increased from 0.27 million RSF to 0.28 million RSF.

Manhattan Industrial Rent Vacancy

  • Total Available Manhattan Industrial Space stayed at 0.04 million RSF.
  • Midtown Manhattan Industrial vacancy stayed at 0.0 million RSF.
  • Midtown South Industrial space vacancies stayed at 0.04 million RSF.
  • In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.
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