market research

December 2012

December 2012 » Market Analysis » New York Market Data

December 2012 New York Real Estate Market Data


Manhattan Office Rent Vacancy

  • Total Manhattan Office Market vacancy increased from 31.23 million RSF to 31.82 million RSF.
  • Total Midtown Office vacancy increased from 20.27 million RSF to 20.57 million RSF.
  • Total Midtown South Office vacancy increased from 4.61 million RSF to 4.72 million RSF.
  • Total Downtown Office vacancy increased from 6.36 million RSF to 6.53 million RSF.
  • Total Manhattan Office direct lease vacancy increased from 26.85 million RSF to 27.3 million RSF.
  • Total vacant Office Direct Space For Rent in Midtown Manhattan increased from 16.81 million RSF to 17.08 million RSF.
  • Manhattan Office Sublease vacancy increased from 4.39 million RSF to 4.51 million RSF.
  • Total vacant Office Sublease Space For Lease in Midtown Manhattan increased from 3.46 million RSF to 3.49 million RSF.
  • Total vacant Office Direct Space For Rent in Midtown South Manhattan increased from 4.39 million RSF to 4.51 million RSF.
  • Total vacant Office Sublease Space For Lease in Midtown South Manhattan decreased from 0.22 million RSF to 0.21 million RSF
  • Total vacant Office Direct Space For Rent in Downtown Manhattan increased from 5.65 million RSF to 5.71 million RSF.
  • Total vacant Office Sublease Space For Lease in Downtown Manhattan increased from 0.71 million RSF to 0.82 million RSF.

Manhattan Retail Rent Vacancy

  • Total Available Manhattan Retail Space increased from 0.8 million RSF to 0.81 million RSF.
  • Midtown Manhattan Retail vacancy decreased from 0.39 million RSF to 0.38 million RSF
  • Midtown South Retail space vacancies increased from 0.26 million RSF to 0.28 million RSF.
  • In Downtown Manhattan, Retail vacancy stayed at 0.15 million RSF.

Manhattan Industrial Rent Vacancy

  • Total Available Manhattan Industrial Space stayed at 0.15 million RSF.
  • Midtown Manhattan Industrial vacancy stayed at 0.07 million RSF.
  • Midtown South Industrial space vacancies increased from 0.083 million RSF to 0.087 million RSF.
  • In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.
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