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April 2015

April 2015 » Market Analysis » New York Market Data
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April 2015 New York Real Estate Market Data


Manhattan Office Rent Vacancy

  • Total Manhattan Office Market vacancy increased from 33.84 million RSF to 34.03 million RSF.
  • Total Midtown Office vacancy decreased from 19.38 million RSF to 19.36 million RSF
  • Total Midtown South Office vacancy increased from 4.77 million RSF to 4.94 million RSF.
  • Total Downtown Office vacancy increased from 9.7 million RSF to 9.73 million RSF.
  • Total Manhattan Office direct lease vacancy increased from 30.69 million RSF to 30.92 million RSF.
  • Total vacant Office Direct Space For Rent in Midtown Manhattan decreased from 17.19 million RSF to 17.08 million RSF
  • Manhattan Office Sublease vacancy decreased from 3.15 million RSF to 3.11 million RSF.
  • Total vacant Office Sublease Space For Lease in Midtown Manhattan increased from 2.19 million RSF to 2.28 million RSF.
  • Total vacant Office Direct Space For Rent in Midtown South Manhattan increased from 4.41 million RSF to 4.67 million RSF.
  • Total vacant Office Sublease Space For Lease in Midtown South Manhattan decreased from 0.36 million RSF to 0.27 million RSF
  • Total vacant Office Direct Space For Rent in Downtown Manhattan increased from 9.1 million RSF to 9.17 million RSF.
  • Total vacant Office Sublease Space For Lease in Downtown Manhattan decreased from 0.6 million RSF to 0.56 million RSF

Manhattan Retail Rent Vacancy

  • Total Available Manhattan Retail Space increased from 1.01 million RSF to 1.05 million RSF.
  • Midtown Manhattan Retail vacancy increased from 0.38 million RSF to 0.39 million RSF.
  • Midtown South Retail space vacancies increased from 0.37 million RSF to 0.4 million RSF.
  • In Downtown Manhattan, Retail vacancy increased from 0.26 million RSF to 0.27 million RSF.

Manhattan Industrial Rent Vacancy

  • Total Available Manhattan Industrial Space stayed at 0.05 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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