market research

August 2017

August 2017 » Market Analysis » New York Market Data

August 2017 New York Real Estate Market Data


Manhattan Office Rent Vacancy

  • Total Manhattan Office Market vacancy decreased from 37.33 million RSF to 36.8 million RSF
  • Total Midtown Office vacancy decreased from 23.09 million RSF to 22.6 million RSF
  • Total Midtown South Office vacancy increased from 6.13 million RSF to 6.24 million RSF.
  • Total Downtown Office vacancy decreased from 8.11 million RSF to 7.96 million RSF
  • Total vacant Office Direct Space For Rent in Midtown Manhattan decreased from 19.99 million RSF to 19.26 million RSF
  • Total Manhattan Office direct lease vacancy decreased from 32.74 million RSF to 32.02 million RSF.
  • Total vacant Office Sublease Space For Lease in Midtown Manhattan increased from 3.1 million RSF to 3.34 million RSF.
  • Manhattan Office Sublease vacancy increased from 4.59 million RSF to 4.79 million RSF.
  • Total vacant Office Direct Space For Rent in Midtown South Manhattan increased from 5.29 million RSF to 5.41 million RSF.
  • Total vacant Office Sublease Space For Lease in Midtown South Manhattan decreased from 0.84 million RSF to 0.83 million RSF
  • Total vacant Office Direct Space For Rent in Downtown Manhattan decreased from 7.46 million RSF to 7.35 million RSF
  • Total vacant Office Sublease Space For Lease in Downtown Manhattan decreased from 0.65 million RSF to 0.62 million RSF

Manhattan Retail Rent Vacancy

  • Total Available Manhattan Retail Space increased from 1.09 million RSF to 1.1 million RSF.
  • Midtown Manhattan Retail vacancy increased from 0.45 million RSF to 0.48 million RSF.
  • Midtown South Retail space vacancies decreased from 0.5 million RSF to 0.48 million RSF
  • In Downtown Manhattan, Retail vacancy decreased from 0.14 million RSF to 0.13 million RSF

Manhattan Industrial Rent Vacancy

  • Total Available Manhattan Industrial Space stayed at 0.01 million RSF.
  • Midtown Manhattan Industrial vacancy stayed at 0.0 million RSF.
  • Midtown South Industrial space vacancies stayed at 0.0 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