market research

December 2012

December 2012 » Market Analysis » New York Retail Report

December 2012 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 0.38 0.0 0.38 2.4 % 0.76 %
Midtown South Manhattan Retail 0.26 0.01 0.28 1.4 % 2.14 %
Downtown Manhattan Retail 0.14 0.0 0.15 2.6 % -3.09 %
Total Manhattan Retail 0.79 0.02 0.81 2.0 % 0.92 %
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 0.79 0.12 0.92 5.12 % 0.76 %
Midtown South Manhattan Retail 0.71 0.04 0.75 3.33 % abc 2.14 %
Downtown Manhattan Retail 0.24 0.01 0.25 3.78 % 0.0 %
Total Manhattan Retail 1.74 0.17 1.91 % 0.81 %

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.
  • 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