January 2010 New York Real Estate Market Data

Manhattan Office Rent Vacancy

• Total Manhattan Office Market vacancy increased from 34.89 million RSF to 34.95 million RSF.
• Total Midtown Office vacancy increased from 21.71 million RSF to 21.97 million RSF.
• Total Midtown South Office vacancy decreased from 6.84 million RSF to 6.73 million RSF
• Total Downtown Office vacancy decreased from 6.34 million RSF to 6.24 million RSF
• Total Manhattan Office direct lease vacancy increased from 28.59 million RSF to 28.71 million RSF.
• Total vacant Office Direct Space For Rent in Midtown Manhattan increased from 17.89 million RSF to 18.01 million RSF.
• Manhattan Office Sublease vacancy decreased from 6.3 million RSF to 6.24 million RSF.
• Total vacant Office Sublease Space For Lease in Midtown Manhattan increased from 3.82 million RSF to 3.96 million RSF.
• Total vacant Office Direct Space For Rent in Midtown South Manhattan decreased from 6.06 million RSF to 6.04 million RSF
• Total vacant Office Sublease Space For Lease in Midtown South Manhattan decreased from 0.78 million RSF to 0.7 million RSF
• Total vacant Office Direct Space For Rent in Downtown Manhattan increased from 4.64 million RSF to 4.66 million RSF.
• Total vacant Office Sublease Space For Lease in Downtown Manhattan decreased from 1.7 million RSF to 1.58 million RSF

Manhattan Retail Rent Vacancy

• Total Available Manhattan Retail Space increased from 1.07 million RSF to 1.09 million RSF.
• Midtown Manhattan Retail vacancy stayed at 0.29 million RSF.
• Midtown South Retail space vacancies increased from 0.62 million RSF to 0.65 million RSF.
• In Downtown Manhattan, Retail vacancy stayed at 0.15 million RSF.

Manhattan Industrial Rent Vacancy

• Total Available Manhattan Industrial Space stayed at 0.07 million RSF.
• Midtown Manhattan Industrial vacancy stayed at 0.02 million RSF.
• Midtown South Industrial space vacancies stayed at 0.05 million RSF.
• In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.