market research

August 2010

August 2010 » Market Analysis » New York Market Data

August 2010 New York Real Estate Market Data


Manhattan Office Rent Vacancy

  • Total Manhattan Office Market vacancy increased from 36.67 million RSF to 37.31 million RSF.
  • Total Midtown Office vacancy increased from 21.99 million RSF to 22.36 million RSF.
  • Total Midtown South Office vacancy increased from 6.49 million RSF to 6.56 million RSF.
  • Total Downtown Office vacancy increased from 8.18 million RSF to 8.38 million RSF.
  • Total Manhattan Office direct lease vacancy increased from 31.22 million RSF to 31.8 million RSF.
  • Total vacant Office Direct Space For Rent in Midtown Manhattan increased from 18.74 million RSF to 19.15 million RSF.
  • Manhattan Office Sublease vacancy increased from 5.45 million RSF to 5.5 million RSF.
  • Total vacant Office Sublease Space For Lease in Midtown Manhattan decreased from 3.25 million RSF to 3.21 million RSF
  • Total vacant Office Direct Space For Rent in Midtown South Manhattan increased from 5.72 million RSF to 5.74 million RSF.
  • Total vacant Office Sublease Space For Lease in Midtown South Manhattan increased from 0.77 million RSF to 0.82 million RSF.
  • Total vacant Office Direct Space For Rent in Downtown Manhattan increased from 6.76 million RSF to 6.91 million RSF.
  • Total vacant Office Sublease Space For Lease in Downtown Manhattan increased from 1.42 million RSF to 1.47 million RSF.

Manhattan Retail Rent Vacancy

  • Total Available Manhattan Retail Space decreased from 1.0 million RSF to 0.87 million RSF
  • Midtown Manhattan Retail vacancy decreased from 0.29 million RSF to 0.22 million RSF
  • Midtown South Retail space vacancies decreased from 0.56 million RSF to 0.53 million RSF
  • In Downtown Manhattan, Retail vacancy decreased from 0.15 million RSF to 0.11 million RSF

Manhattan Industrial Rent Vacancy

  • Total Available Manhattan Industrial Space stayed at 0.42 million RSF.
  • Midtown Manhattan Industrial vacancy stayed at 0.07 million RSF.
  • Midtown South Industrial space vacancies decreased from 0.351 million RSF to 0.345 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