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August 2014

August 2014 » Market Analysis » New York Market Data
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August 2014 New York Real Estate Market Data


Manhattan Office Rent Vacancy

  • Total Manhattan Office Market vacancy decreased from 35.88 million RSF to 35.69 million RSF
  • Total Midtown Office vacancy increased from 20.95 million RSF to 20.99 million RSF.
  • Total Midtown South Office vacancy increased from 5.86 million RSF to 5.92 million RSF.
  • Total Downtown Office vacancy decreased from 9.07 million RSF to 8.78 million RSF
  • Total Manhattan Office direct lease vacancy decreased from 32.55 million RSF to 32.12 million RSF.
  • Total vacant Office Direct Space For Rent in Midtown Manhattan decreased from 18.78 million RSF to 18.62 million RSF
  • Manhattan Office Sublease vacancy increased from 3.34 million RSF to 3.57 million RSF.
  • Total vacant Office Sublease Space For Lease in Midtown Manhattan increased from 2.16 million RSF to 2.37 million RSF.
  • Total vacant Office Direct Space For Rent in Midtown South Manhattan increased from 5.34 million RSF to 5.38 million RSF.
  • Total vacant Office Sublease Space For Lease in Midtown South Manhattan increased from 0.52 million RSF to 0.54 million RSF.
  • Total vacant Office Direct Space For Rent in Downtown Manhattan decreased from 8.42 million RSF to 8.12 million RSF
  • Total vacant Office Sublease Space For Lease in Downtown Manhattan increased from 0.65 million RSF to 0.67 million RSF.

Manhattan Retail Rent Vacancy

  • Total Available Manhattan Retail Space increased from 0.94 million RSF to 0.95 million RSF.
  • Midtown Manhattan Retail vacancy stayed at 0.3 million RSF.
  • Midtown South Retail space vacancies decreased from 0.43 million RSF to 0.39 million RSF
  • In Downtown Manhattan, Retail vacancy increased from 0.21 million RSF to 0.26 million RSF.

Manhattan Industrial Rent Vacancy

  • Total Available Manhattan Industrial Space decreased from 0.06 million RSF to 0.05 million RSF
  • Midtown Manhattan Industrial vacancy stayed at 0.01 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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