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August 2007

August 2007 » Market Analysis » New York Retail Report
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August 2007 New York Retail Space Graphs and Statistics


NEW YORK RETAIL VACANT SPACE
(In Millions of Rentable Square Feet)
Direct Sublease Total % Vacant % Monthly Change
Midtown Manhattan Retail 0.19 0.01 0.19 1.9 % -0.25 %
Midtown South Manhattan Retail 0.54 0.13 0.67 7.2 % -0.21 %
Downtown Manhattan Retail 0.12 0.0 0.12 3.4 % -6.47 %
Total Manhattan Retail 0.85 0.13 0.98 4.2 % -2.04 %
NEW YORK RETAIL VACANT SPACE NOW AND IN THE NEXT TWO YEARS
(In Millions of Rentable Square Feet)
Direct Sublease Total % Vacant % Monthly Change
Midtown Manhattan Retail 0.38 0.03 0.4 3.34 % -0.25 %
Midtown South Manhattan Retail 0.84 0.13 0.97 9.04 % abc -0.21 %
Downtown Manhattan Retail 0.2 0.0 0.2 5.58 % 0.0 %
Total Manhattan Retail 1.42 0.16 1.57 % -1.02 %

Manhattan Retail Rent Vacancy

  • Total Available Manhattan Retail Space decreased from 1.0 million RSF to 0.98 million RSF
  • Midtown Manhattan Retail vacancy stayed at 0.19 million RSF.
  • Midtown South Retail space vacancies stayed at 0.67 million RSF.
  • In Downtown Manhattan, Retail vacancy decreased from 0.14 million RSF to 0.12 million RSF
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