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December 2015

December 2015 » Market Analysis » New York Retail Report

December 2015 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 0.32 0.03 0.35 3.0 % 3.32 %
Midtown South Manhattan Retail 0.35 0.01 0.36 2.4 % -1.33 %
Downtown Manhattan Retail 0.28 0.0 0.28 7.2 % 0.0 %
Total Manhattan Retail 0.95 0.03 0.99 3.1 % 1.93 %
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 0.84 0.09 0.93 5.69 % 3.32 %
Midtown South Manhattan Retail 0.93 0.05 0.98 5.69 % abc -1.33 %
Downtown Manhattan Retail 0.33 0.03 0.36 9.03 % 0.0 %
Total Manhattan Retail 2.1 0.17 2.27 % 0.79 %

Manhattan Retail Rent Vacancy

  • Total Available Manhattan Retail Space increased from 0.97 million RSF to 0.99 million RSF.
  • Midtown Manhattan Retail vacancy increased from 0.33 million RSF to 0.35 million RSF.
  • Midtown South Retail space vacancies stayed at 0.36 million RSF.
  • In Downtown Manhattan, Retail vacancy stayed at 0.28 million RSF.
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