market research

July 2010

July 2010 » Market Analysis » New York Market Data

July 2010 New York Real Estate Market Data


Manhattan Office Rent Vacancy

  • Total Manhattan Office Market vacancy increased from 36.21 million RSF to 36.67 million RSF.
  • Total Midtown Office vacancy increased from 21.47 million RSF to 21.99 million RSF.
  • Total Midtown South Office vacancy increased from 6.48 million RSF to 6.49 million RSF.
  • Total Downtown Office vacancy decreased from 8.27 million RSF to 8.18 million RSF
  • Total Manhattan Office direct lease vacancy increased from 30.52 million RSF to 31.22 million RSF.
  • Total vacant Office Direct Space For Rent in Midtown Manhattan increased from 18.04 million RSF to 18.74 million RSF.
  • Manhattan Office Sublease vacancy decreased from 5.7 million RSF to 5.45 million RSF.
  • Total vacant Office Sublease Space For Lease in Midtown Manhattan decreased from 3.43 million RSF to 3.25 million RSF
  • Total vacant Office Direct Space For Rent in Midtown South Manhattan increased from 5.67 million RSF to 5.72 million RSF.
  • Total vacant Office Sublease Space For Lease in Midtown South Manhattan decreased from 0.81 million RSF to 0.77 million RSF
  • Total vacant Office Direct Space For Rent in Downtown Manhattan decreased from 6.81 million RSF to 6.76 million RSF
  • Total vacant Office Sublease Space For Lease in Downtown Manhattan decreased from 1.46 million RSF to 1.42 million RSF

Manhattan Retail Rent Vacancy

  • Total Available Manhattan Retail Space increased from 0.98 million RSF to 1.0 million RSF.
  • Midtown Manhattan Retail vacancy increased from 0.27 million RSF to 0.29 million RSF.
  • Midtown South Retail space vacancies decreased from 0.58 million RSF to 0.56 million RSF
  • In Downtown Manhattan, Retail vacancy increased from 0.13 million RSF to 0.15 million RSF.

Manhattan Industrial Rent Vacancy

  • Total Available Manhattan Industrial Space stayed at 0.42 million RSF.
  • Midtown Manhattan Industrial vacancy stayed at 0.07 million RSF.
  • Midtown South Industrial space vacancies stayed at 0.35 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