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January 2014

January 2014 » Market Analysis » New York Retail Report

January 2014 New York Retail Graphs and Statistics


NEW YORK RETAIL VACANT SPACE
(In Millions of Rentable Square Feet)
Direct Sublease Total % Vacant % Monthly Change
Midtown Manhattan Retail 0.34 0.02 0.36 2.8 % -1.03 %
Midtown South Manhattan Retail 0.34 0.01 0.35 2.3 % 11.63 %
Downtown Manhattan Retail 0.16 0.0 0.16 3.1 % 14.44 %
Total Manhattan Retail 0.84 0.03 0.88 2.6 % 0.96 %
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 0.8 0.08 0.87 5.22 % -1.03 %
Midtown South Manhattan Retail 0.77 0.04 0.81 4.01 % abc 11.63 %
Downtown Manhattan Retail 0.28 0.0 0.28 4.93 % 0.0 %
Total Manhattan Retail 1.85 0.12 1.96 % 6.42 %

Manhattan Retail Rent Vacancy

  • Total Available Manhattan Retail Space increased from 0.87 million RSF to 0.88 million RSF.
  • Midtown Manhattan Retail vacancy increased from 0.35 million RSF to 0.36 million RSF.
  • Midtown South Retail space vacancies stayed at 0.35 million RSF.
  • In Downtown Manhattan, Retail vacancy stayed at 0.16 million RSF.
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