market research

January 2015

January 2015 » Market Analysis » New York Retail Report

January 2015 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 0.36 0.02 0.38 3.5 % 0.52 %
Midtown South Manhattan Retail 0.36 0.01 0.37 3.0 % -0.43 %
Downtown Manhattan Retail 0.26 0.0 0.26 6.9 % 0.0 %
Total Manhattan Retail 0.98 0.03 1.01 3.6 % 1.79 %
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 0.9 0.06 0.95 5.65 % 0.52 %
Midtown South Manhattan Retail 0.62 0.07 0.69 4.16 % abc -0.43 %
Downtown Manhattan Retail 0.3 0.01 0.3 7.91 % 0.0 %
Total Manhattan Retail 1.82 0.13 1.95 % 0.1 %

Manhattan Retail Rent Vacancy

  • Total Available Manhattan Retail Space increased from 0.99 million RSF to 1.01 million RSF.
  • Midtown Manhattan Retail vacancy increased from 0.37 million RSF to 0.38 million RSF.
  • Midtown South Retail space vacancies increased from 0.36 million RSF to 0.37 million RSF.
  • In Downtown Manhattan, Retail vacancy stayed at 0.26 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