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October 2007
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September 2007
October 2007 New York Real Estate Market Data
Page 4
November 2007
October 7, 2007
Manhattan Office Rent Vacancy
Total Manhattan Office Market vacancy decreased from 20.09 million RSF to 20.08 million RSF
Total Midtown Office vacancy decreased from 11.42 million RSF to 11.28 million RSF
Total Midtown South Office vacancy increased from 2.81 million RSF to 3.04 million RSF.
Total Downtown Office vacancy decreased from 5.87 million RSF to 5.76 million RSF
Total vacant Office Direct Space For Rent in Midtown Manhattan decreased from 9.65 million RSF to 9.5 million RSF
Total Manhattan Office direct lease vacancy decreased from 17.37 million RSF to 17.29 million RSF.
Total vacant Office Sublease Space For Lease in Midtown Manhattan increased from 1.77 million RSF to 1.78 million RSF.
Manhattan Office Sublease vacancy increased from 2.72 million RSF to 2.8 million RSF.
Total vacant Office Direct Space For Rent in Midtown South Manhattan increased from 2.5 million RSF to 2.67 million RSF.
Total vacant Office Sublease Space For Lease in Midtown South Manhattan increased from 0.31 million RSF to 0.38 million RSF.
Total vacant Office Direct Space For Rent in Downtown Manhattan decreased from 5.22 million RSF to 5.12 million RSF
Total vacant Office Sublease Space For Lease in Downtown Manhattan increased from 0.64 million RSF to 0.64 million RSF.
Manhattan Retail Rent Vacancy
Total Available Manhattan Retail Space increased from 1.0 million RSF to 1.01 million RSF.
Midtown Manhattan Retail vacancy decreased from 0.22 million RSF to 0.19 million RSF
Midtown South Retail space vacancies increased from 0.66 million RSF to 0.71 million RSF.
In Downtown Manhattan, Retail vacancy decreased from 0.13 million RSF to 0.11 million RSF
Manhattan Industrial Rent Vacancy
Total Available Manhattan Industrial Space stayed at 0.26 million RSF.
Midtown Manhattan Industrial vacancy stayed at 0.11 million RSF.
Midtown South Industrial space vacancies stayed at 0.14 million RSF.
In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.
Page 4
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