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August 2018

August 2018 » Market Analysis » New York Market Data

August 2018 New York Real Estate Market Data


Manhattan Office Rent Vacancy

  • Total Manhattan Office Market vacancy decreased from 36.7 million RSF to 36.38 million RSF
  • Total Midtown Office vacancy decreased from 21.24 million RSF to 20.89 million RSF
  • Total Midtown South Office vacancy decreased from 6.02 million RSF to 5.92 million RSF
  • Total Downtown Office vacancy increased from 9.45 million RSF to 9.58 million RSF.
  • Total Manhattan Office direct lease vacancy decreased from 31.94 million RSF to 31.45 million RSF.
  • Total vacant Office Direct Space For Rent in Midtown Manhattan decreased from 18.26 million RSF to 17.78 million RSF
  • Total vacant Office Sublease Space For Lease in Midtown Manhattan increased from 2.98 million RSF to 3.11 million RSF.
  • Manhattan Office Sublease vacancy increased from 4.76 million RSF to 4.93 million RSF.
  • Total vacant Office Direct Space For Rent in Midtown South Manhattan decreased from 5.33 million RSF to 5.13 million RSF
  • Total vacant Office Sublease Space For Lease in Midtown South Manhattan increased from 0.69 million RSF to 0.78 million RSF.
  • Total vacant Office Direct Space For Rent in Downtown Manhattan increased from 8.35 million RSF to 8.54 million RSF.
  • Total vacant Office Sublease Space For Lease in Downtown Manhattan decreased from 1.1 million RSF to 1.03 million RSF

Manhattan Retail Rent Vacancy

  • Total Available Manhattan Retail Space increased from 1.4 million RSF to 1.43 million RSF.
  • Midtown Manhattan Retail vacancy increased from 0.47 million RSF to 0.49 million RSF.
  • Midtown South Retail space vacancies increased from 0.56 million RSF to 0.58 million RSF.
  • In Downtown Manhattan, Retail vacancy stayed at 0.36 million RSF.

Manhattan Industrial Rent Vacancy

  • Total Available Manhattan Industrial Space stayed at 0.02 million RSF.
  • Midtown Manhattan Industrial vacancy stayed at 0.01 million RSF.
  • Midtown South Industrial space vacancies stayed at 0.01 million RSF.
  • In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.
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