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January 2010

January 2010 » Market Analysis » New York Retail Report

January 2010 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 0.28 0.01 0.29 1.7 % -2.51 %
Midtown South Manhattan Retail 0.64 0.0 0.65 2.9 % 0.41 %
Downtown Manhattan Retail 0.15 0.01 0.15 2.4 % -0.61 %
Total Manhattan Retail 1.07 0.02 1.09 2.4 % 1.84 %
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 0.65 0.11 0.76 3.91 % -2.51 %
Midtown South Manhattan Retail 1.41 0.07 1.48 5.33 % abc 0.41 %
Downtown Manhattan Retail 0.32 0.01 0.33 4.18 % 0.0 %
Total Manhattan Retail 2.38 0.19 2.57 % -0.58 %

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.
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