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December 2010

December 2010 » Market Analysis » New York Retail Report

December 2010 NYC Retail Space Graphs and Statistics


NEW YORK RETAIL VACANT SPACE
(In Millions of Rentable Square Feet)
Direct Sublease Total % Vacant % Monthly Change
Midtown Manhattan Retail 0.23 0.0 0.24 1.5 % 0.0 %
Midtown South Manhattan Retail 0.49 0.01 0.5 2.1 % -0.89 %
Downtown Manhattan Retail 0.12 0.01 0.13 1.8 % -2.51 %
Total Manhattan Retail 0.84 0.02 0.86 1.9 % -1.33 %
NEW YORK RETAIL VACANT SPACE NOW AND IN THE NEXT TWO YEARS
(In Millions of Rentable Square Feet)
Direct Sublease Total % Vacant % Monthly Change
Midtown Manhattan Retail 0.61 0.12 0.73 3.97 % 0.0 %
Midtown South Manhattan Retail 1.18 0.05 1.23 4.37 % abc -0.89 %
Downtown Manhattan Retail 0.29 0.01 0.3 4.13 % 0.0 %
Total Manhattan Retail 2.09 0.18 2.27 % -0.82 %

Manhattan Retail Rent Vacancy

  • Total Available Manhattan Retail Space decreased from 0.87 million RSF to 0.86 million RSF
  • Midtown Manhattan Retail vacancy stayed at 0.24 million RSF.
  • Midtown South Retail space vacancies stayed at 0.5 million RSF.
  • In Downtown Manhattan, Retail vacancy stayed at 0.13 million RSF.
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