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December 2013

December 2013 » Market Analysis » New York Retail Report

December 2013 New York City Retail Graphs and Statistics


NEW YORK RETAIL VACANT SPACE
(In Millions of Rentable Square Feet)
Direct Sublease Total % Vacant % Monthly Change
Midtown Manhattan Retail 0.33 0.02 0.35 2.9 % -1.59 %
Midtown South Manhattan Retail 0.34 0.01 0.35 1.9 % 5.32 %
Downtown Manhattan Retail 0.16 0.0 0.16 3.0 % 0.0 %
Total Manhattan Retail 0.84 0.03 0.87 2.4 % 3.64 %
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 0.8 0.08 0.88 5.57 % -1.59 %
Midtown South Manhattan Retail 0.67 0.04 0.71 3.56 % abc 5.32 %
Downtown Manhattan Retail 0.24 0.0 0.24 4.27 % 0.0 %
Total Manhattan Retail 1.72 0.12 1.84 % 1.31 %

Manhattan Retail Rent Vacancy

  • Total Available Manhattan Retail Space increased from 0.84 million RSF to 0.87 million RSF.
  • Midtown Manhattan Retail vacancy stayed at 0.35 million RSF.
  • Midtown South Retail space vacancies increased from 0.32 million RSF to 0.35 million RSF.
  • In Downtown Manhattan, Retail vacancy stayed at 0.16 million RSF.
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