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August 2015

August 2015 » Market Analysis » New York Market Data
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August 2015 New York Real Estate Market Data


Manhattan Office Rent Vacancy

  • Total Manhattan Office Market vacancy increased from 32.42 million RSF to 32.76 million RSF.
  • Total Midtown Office vacancy increased from 18.15 million RSF to 18.45 million RSF.
  • Total Midtown South Office vacancy increased from 4.43 million RSF to 4.68 million RSF.
  • Total Downtown Office vacancy decreased from 9.84 million RSF to 9.63 million RSF
  • Total Manhattan Office direct lease vacancy increased from 29.59 million RSF to 29.8 million RSF.
  • Total vacant Office Direct Space For Rent in Midtown Manhattan increased from 16.12 million RSF to 16.35 million RSF.
  • Manhattan Office Sublease vacancy increased from 2.83 million RSF to 2.97 million RSF.
  • Total vacant Office Sublease Space For Lease in Midtown Manhattan increased from 2.03 million RSF to 2.11 million RSF.
  • Total vacant Office Direct Space For Rent in Midtown South Manhattan increased from 4.14 million RSF to 4.24 million RSF.
  • Total vacant Office Sublease Space For Lease in Midtown South Manhattan increased from 0.29 million RSF to 0.43 million RSF.
  • Total vacant Office Direct Space For Rent in Downtown Manhattan decreased from 9.34 million RSF to 9.21 million RSF
  • Total vacant Office Sublease Space For Lease in Downtown Manhattan decreased from 0.5 million RSF to 0.42 million RSF

Manhattan Retail Rent Vacancy

  • Total Available Manhattan Retail Space decreased from 1.01 million RSF to 0.98 million RSF
  • Midtown Manhattan Retail vacancy decreased from 0.38 million RSF to 0.35 million RSF
  • Midtown South Retail space vacancies increased from 0.35 million RSF to 0.36 million RSF.
  • In Downtown Manhattan, Retail vacancy decreased from 0.28 million RSF to 0.27 million RSF

Manhattan Industrial Rent Vacancy

  • Total Available Manhattan Industrial Space stayed at 0.04 million RSF.
  • Midtown Manhattan Industrial vacancy stayed at 0.0 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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