New York City office
and retail Market Research
and retail Market Research
February 2015 » Market Analysis » New York Retail Report
Market Analysis
- Market Report
- NY New Developments
- NYC Buildings For Sale
- New York Market Data
- New York Office Leases
- New York Retail Leases
- January 2015 New York Retail Leases
- December 2014 New York Retail Leases
- November 2014 New York Retail Leases
- More Reports...
- Market Research Archive
NYC Real Estate Statistics
Subscribe to Newsletter
| NEW YORK RETAIL VACANT SPACE (In Millions of Rentable Square Feet) |
|||||
| Direct | Sublease | Total | % Vacant | % Monthly Change | |
|---|---|---|---|---|---|
| Midtown Manhattan Retail | 0.36 | 0.02 | 0.37 | 3.5 % | 1.04 % |
| Midtown South Manhattan Retail | 0.33 | 0.01 | 0.33 | 3.0 % | -2.51 % |
| Downtown Manhattan Retail | 0.26 | 0.0 | 0.26 | 7.0 % | -1.69 % |
| Total Manhattan Retail | 0.94 | 0.03 | 0.97 | 3.6 % | -4.14 % |
| 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 | 0.9 | 0.06 | 0.96 | 5.68 % | 1.04 % |
| Midtown South Manhattan Retail | 0.61 | 0.06 | 0.68 | 4.02 % abc | -2.51 % |
| Downtown Manhattan Retail | 0.29 | 0.01 | 0.3 | 7.86 % | 0.0 % |
| Total Manhattan Retail | 1.81 | 0.13 | 1.94 | % | -0.62 % |
Manhattan Retail Rent Vacancy
- Total Available Manhattan Retail Space decreased from 1.01 million RSF to 0.97 million RSF
- Midtown Manhattan Retail vacancy decreased from 0.38 million RSF to 0.37 million RSF
- Midtown South Retail space vacancies decreased from 0.37 million RSF to 0.33 million RSF
- In Downtown Manhattan, Retail vacancy stayed at 0.26 million RSF.
