market research

January 2007

January 2007 » Market Analysis » New York Retail Report

January 2007 New York 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 0.16 0.01 0.17 1.7 % 3.86 %
Midtown South Manhattan Retail 0.3 0.02 0.32 5.3 % -4.8 %
Downtown Manhattan Retail 0.13 0.0 0.14 5.9 % 7.25 %
Total Manhattan Retail 0.59 0.04 0.63 3.5 % -22.31 %
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 0.47 0.03 0.49 4.63 % 3.86 %
Midtown South Manhattan Retail 0.47 0.15 0.63 9.27 % abc -4.8 %
Downtown Manhattan Retail 0.19 0.0 0.19 7.09 % 0.0 %
Total Manhattan Retail 1.13 0.18 1.31 % 0.23 %

Manhattan Retail Rent Vacancy

  • Total Available Manhattan Retail Space decreased from 0.77 million RSF to 0.63 million RSF
  • Midtown Manhattan Retail vacancy stayed at 0.17 million RSF.
  • Midtown South Retail space vacancies decreased from 0.46 million RSF to 0.32 million RSF
  • In Downtown Manhattan, Retail vacancy stayed at 0.14 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