market research

January 2013

January 2013 » Market Analysis » New York Market Data

January 2013 New York Real Estate Market Data


Manhattan Office Rent Vacancy

  • Total Manhattan Office Market vacancy increased from 31.82 million RSF to 32.32 million RSF.
  • Total Midtown Office vacancy increased from 20.57 million RSF to 20.73 million RSF.
  • Total Midtown South Office vacancy decreased from 4.72 million RSF to 4.5 million RSF
  • Total Downtown Office vacancy increased from 6.53 million RSF to 7.09 million RSF.
  • Total Manhattan Office direct lease vacancy increased from 27.3 million RSF to 27.92 million RSF.
  • Total vacant Office Direct Space For Rent in Midtown Manhattan increased from 17.08 million RSF to 17.11 million RSF.
  • Manhattan Office Sublease vacancy decreased from 4.51 million RSF to 4.4 million RSF.
  • Total vacant Office Sublease Space For Lease in Midtown Manhattan increased from 3.49 million RSF to 3.62 million RSF.
  • Total vacant Office Direct Space For Rent in Midtown South Manhattan decreased from 4.51 million RSF to 4.38 million RSF
  • Total vacant Office Sublease Space For Lease in Midtown South Manhattan decreased from 0.21 million RSF to 0.12 million RSF
  • Total vacant Office Direct Space For Rent in Downtown Manhattan increased from 5.71 million RSF to 6.43 million RSF.
  • Total vacant Office Sublease Space For Lease in Downtown Manhattan decreased from 0.82 million RSF to 0.66 million RSF

Manhattan Retail Rent Vacancy

  • Total Available Manhattan Retail Space decreased from 0.81 million RSF to 0.8 million RSF
  • Midtown Manhattan Retail vacancy increased from 0.38 million RSF to 0.4 million RSF.
  • Midtown South Retail space vacancies decreased from 0.28 million RSF to 0.26 million RSF
  • In Downtown Manhattan, Retail vacancy stayed at 0.15 million RSF.

Manhattan Industrial Rent Vacancy

  • Total Available Manhattan Industrial Space decreased from 0.15 million RSF to 0.13 million RSF
  • Midtown Manhattan Industrial vacancy decreased from 0.066 million RSF to 0.042 million RSF
  • Midtown South Industrial space vacancies stayed at 0.09 million RSF.
  • In Downtown Manhattan, Industrial vacancy stayed at 0.0 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