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August 2013

August 2013 » Market Analysis » New York Market Data
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August 2013 New York Real Estate Market Data


Manhattan Office Rent Vacancy

  • Total Manhattan Office Market vacancy increased from 33.09 million RSF to 33.41 million RSF.
  • Total Midtown Office vacancy increased from 20.53 million RSF to 20.57 million RSF.
  • Total Midtown South Office vacancy increased from 5.3 million RSF to 5.61 million RSF.
  • Total Downtown Office vacancy decreased from 7.26 million RSF to 7.22 million RSF
  • Total Manhattan Office direct lease vacancy decreased from 29.18 million RSF to 29.03 million RSF.
  • Total vacant Office Direct Space For Rent in Midtown Manhattan decreased from 17.56 million RSF to 17.24 million RSF
  • Manhattan Office Sublease vacancy increased from 3.91 million RSF to 4.37 million RSF.
  • Total vacant Office Sublease Space For Lease in Midtown Manhattan increased from 2.97 million RSF to 3.33 million RSF.
  • Total vacant Office Direct Space For Rent in Midtown South Manhattan increased from 5.09 million RSF to 5.34 million RSF.
  • Total vacant Office Sublease Space For Lease in Midtown South Manhattan increased from 0.21 million RSF to 0.27 million RSF.
  • Total vacant Office Direct Space For Rent in Downtown Manhattan decreased from 6.53 million RSF to 6.45 million RSF
  • Total vacant Office Sublease Space For Lease in Downtown Manhattan increased from 0.73 million RSF to 0.77 million RSF.

Manhattan Retail Rent Vacancy

  • Total Available Manhattan Retail Space increased from 0.82 million RSF to 1.0 million RSF.
  • Midtown Manhattan Retail vacancy increased from 0.36 million RSF to 0.43 million RSF.
  • Midtown South Retail space vacancies increased from 0.29 million RSF to 0.3 million RSF.
  • In Downtown Manhattan, Retail vacancy increased from 0.17 million RSF to 0.27 million RSF.

Manhattan Industrial Rent Vacancy

  • Total Available Manhattan Industrial Space stayed at 0.1 million RSF.
  • Midtown Manhattan Industrial vacancy stayed at 0.04 million RSF.
  • Midtown South Industrial space vacancies stayed at 0.05 million RSF.
  • In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.
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