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September 2007 » Market Analysis » New York Market Data
Market Analysis
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- May 2007 New York Retail Leases
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NYC Real Estate Statistics
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Manhattan Office Rent Vacancy
- Total Manhattan Office Market vacancy decreased from 20.68 million RSF to 20.09 million RSF
- Total Midtown Office vacancy increased from 11.38 million RSF to 11.42 million RSF.
- Total Midtown South Office vacancy decreased from 2.94 million RSF to 2.81 million RSF
- Total Downtown Office vacancy decreased from 6.36 million RSF to 5.87 million RSF
- Total Manhattan Office direct lease vacancy decreased from 17.86 million RSF to 17.37 million RSF.
- Total vacant Office Direct Space For Rent in Midtown Manhattan increased from 9.52 million RSF to 9.65 million RSF.
- Manhattan Office Sublease vacancy decreased from 2.82 million RSF to 2.72 million RSF.
- Total vacant Office Sublease Space For Lease in Midtown Manhattan decreased from 1.86 million RSF to 1.77 million RSF
- Total vacant Office Direct Space For Rent in Midtown South Manhattan decreased from 2.63 million RSF to 2.5 million RSF
- Total vacant Office Sublease Space For Lease in Midtown South Manhattan increased from 0.3 million RSF to 0.31 million RSF.
- Total vacant Office Direct Space For Rent in Downtown Manhattan decreased from 5.71 million RSF to 5.22 million RSF
- Total vacant Office Sublease Space For Lease in Downtown Manhattan decreased from 0.65 million RSF to 0.64 million RSF
Manhattan Retail Rent Vacancy
- Total Available Manhattan Retail Space increased from 0.98 million RSF to 1.0 million RSF.
- Midtown Manhattan Retail vacancy increased from 0.19 million RSF to 0.22 million RSF.
- Midtown South Retail space vacancies decreased from 0.67 million RSF to 0.66 million RSF
- In Downtown Manhattan, Retail vacancy increased from 0.12 million RSF to 0.13 million RSF.
Manhattan Industrial Rent Vacancy
- Total Available Manhattan Industrial Space decreased from 0.27 million RSF to 0.26 million RSF
- Midtown Manhattan Industrial vacancy increased from 0.101 million RSF to 0.108 million RSF.
- Midtown South Industrial space vacancies decreased from 0.167 million RSF to 0.145 million RSF
- In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.
