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October 2008
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September 2008
October 2008 New York Real Estate Market Data
Page 4
November 2008
October 7, 2008
Manhattan Office Rent Vacancy
Total Manhattan Office Market vacancy increased from 23.23 million RSF to 24.26 million RSF.
Total Midtown Office vacancy increased from 13.04 million RSF to 14.03 million RSF.
Total Midtown South Office vacancy increased from 4.53 million RSF to 4.63 million RSF.
Total Downtown Office vacancy decreased from 5.67 million RSF to 5.61 million RSF
Total vacant Office Direct Space For Rent in Midtown Manhattan increased from 10.83 million RSF to 11.77 million RSF.
Total Manhattan Office direct lease vacancy increased from 19.06 million RSF to 20.03 million RSF.
Total vacant Office Sublease Space For Lease in Midtown Manhattan increased from 2.21 million RSF to 2.25 million RSF.
Manhattan Office Sublease vacancy increased from 4.17 million RSF to 4.23 million RSF.
Total vacant Office Direct Space For Rent in Midtown South Manhattan increased from 4.15 million RSF to 4.21 million RSF.
Total vacant Office Sublease Space For Lease in Midtown South Manhattan increased from 0.38 million RSF to 0.41 million RSF.
Total vacant Office Direct Space For Rent in Downtown Manhattan decreased from 4.08 million RSF to 4.04 million RSF
Total vacant Office Sublease Space For Lease in Downtown Manhattan decreased from 1.58 million RSF to 1.56 million RSF
Manhattan Retail Rent Vacancy
Total Available Manhattan Retail Space decreased from 1.07 million RSF to 1.01 million RSF
Midtown Manhattan Retail vacancy stayed at 0.25 million RSF.
Midtown South Retail space vacancies decreased from 0.72 million RSF to 0.61 million RSF
In Downtown Manhattan, Retail vacancy increased from 0.1 million RSF to 0.16 million RSF.
Manhattan Industrial Rent Vacancy
Total Available Manhattan Industrial Space decreased from 0.55 million RSF to 0.54 million RSF
Midtown Manhattan Industrial vacancy increased from 0.181 million RSF to 0.194 million RSF.
Midtown South Industrial space vacancies decreased from 0.37 million RSF to 0.347 million RSF
In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.
Page 4
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