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August 2011

August 2011 » Market Analysis » New York Market Data
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August 2011 New York Real Estate Market Data


Manhattan Office Rent Vacancy

  • Total Manhattan Office Market vacancy increased from 33.39 million RSF to 33.67 million RSF.
  • Total Midtown Office vacancy increased from 19.57 million RSF to 20.27 million RSF.
  • Total Midtown South Office vacancy decreased from 5.63 million RSF to 5.6 million RSF
  • Total Downtown Office vacancy decreased from 8.19 million RSF to 7.8 million RSF
  • Total Manhattan Office direct lease vacancy increased from 30.15 million RSF to 30.41 million RSF.
  • Total vacant Office Direct Space For Rent in Midtown Manhattan increased from 17.46 million RSF to 17.95 million RSF.
  • Manhattan Office Sublease vacancy increased from 3.24 million RSF to 3.27 million RSF.
  • Total vacant Office Sublease Space For Lease in Midtown Manhattan increased from 2.12 million RSF to 2.31 million RSF.
  • Total vacant Office Direct Space For Rent in Midtown South Manhattan decreased from 5.23 million RSF to 5.21 million RSF
  • Total vacant Office Sublease Space For Lease in Midtown South Manhattan decreased from 0.4 million RSF to 0.4 million RSF
  • Total vacant Office Direct Space For Rent in Downtown Manhattan decreased from 7.46 million RSF to 7.25 million RSF
  • Total vacant Office Sublease Space For Lease in Downtown Manhattan decreased from 0.72 million RSF to 0.56 million RSF

Manhattan Retail Rent Vacancy

  • Total Available Manhattan Retail Space increased from 0.94 million RSF to 0.97 million RSF.
  • Midtown Manhattan Retail vacancy increased from 0.31 million RSF to 0.33 million RSF.
  • Midtown South Retail space vacancies increased from 0.5 million RSF to 0.52 million RSF.
  • In Downtown Manhattan, Retail vacancy decreased from 0.13 million RSF to 0.12 million RSF

Manhattan Industrial Rent Vacancy

  • Total Available Manhattan Industrial Space stayed at 0.11 million RSF.
  • Midtown Manhattan Industrial vacancy stayed at 0.02 million RSF.
  • Midtown South Industrial space vacancies decreased from 0.089 million RSF to 0.084 million RSF
  • In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.
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