market research

April 2010

April 2010 » Market Analysis » New York Market Data

April 2010 New York Real Estate Market Data


Manhattan Office Rent Vacancy

  • Total Manhattan Office Market vacancy increased from 36.22 million RSF to 36.32 million RSF.
  • Total Midtown Office vacancy decreased from 22.48 million RSF to 22.44 million RSF
  • Total Midtown South Office vacancy decreased from 6.71 million RSF to 6.61 million RSF
  • Total Downtown Office vacancy increased from 7.02 million RSF to 7.27 million RSF.
  • Total Manhattan Office direct lease vacancy increased from 30.17 million RSF to 30.35 million RSF.
  • Total vacant Office Direct Space For Rent in Midtown Manhattan increased from 18.54 million RSF to 18.57 million RSF.
  • Manhattan Office Sublease vacancy decreased from 6.05 million RSF to 5.97 million RSF.
  • Total vacant Office Sublease Space For Lease in Midtown Manhattan decreased from 3.94 million RSF to 3.87 million RSF
  • Total vacant Office Direct Space For Rent in Midtown South Manhattan decreased from 6.06 million RSF to 5.93 million RSF
  • Total vacant Office Sublease Space For Lease in Midtown South Manhattan increased from 0.65 million RSF to 0.68 million RSF.
  • Total vacant Office Direct Space For Rent in Downtown Manhattan increased from 5.57 million RSF to 5.85 million RSF.
  • Total vacant Office Sublease Space For Lease in Downtown Manhattan decreased from 1.45 million RSF to 1.42 million RSF

Manhattan Retail Rent Vacancy

  • Total Available Manhattan Retail Space decreased from 1.14 million RSF to 1.08 million RSF
  • Midtown Manhattan Retail vacancy decreased from 0.36 million RSF to 0.33 million RSF
  • Midtown South Retail space vacancies increased from 0.61 million RSF to 0.63 million RSF.
  • In Downtown Manhattan, Retail vacancy decreased from 0.17 million RSF to 0.13 million RSF

Manhattan Industrial Rent Vacancy

  • Total Available Manhattan Industrial Space increased from 0.33 million RSF to 0.37 million RSF.
  • Midtown Manhattan Industrial vacancy increased from 0.036 million RSF to 0.076 million RSF.
  • Midtown South Industrial space vacancies stayed at 0.29 million RSF.
  • In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.
  • Green Acres Is the Place for Macerich
  • Billionaire Shows How Small Buildings in NYC Can Mean Big Money
  • Optimal Spaces in the News - New York's Pix11 / Wpix-Tv
  • Fighting rubber ruler measurements
  • Manhattan's Low-Rent Dining in Hiding
  • The NY Fed Is Buying Its Own Building