market research

July 2012

July 2012 » Market Analysis » New York Market Data

July 2012 New York Real Estate Market Data


Manhattan Office Rent Vacancy

  • Total Manhattan Office Market vacancy increased from 30.47 million RSF to 31.21 million RSF.
  • Total Midtown Office vacancy increased from 19.96 million RSF to 20.89 million RSF.
  • Total Midtown South Office vacancy decreased from 3.86 million RSF to 3.77 million RSF
  • Total Downtown Office vacancy decreased from 6.65 million RSF to 6.55 million RSF
  • Total Manhattan Office direct lease vacancy increased from 26.57 million RSF to 27.3 million RSF.
  • Total vacant Office Direct Space For Rent in Midtown Manhattan increased from 17.12 million RSF to 18.02 million RSF.
  • Manhattan Office Sublease vacancy increased from 3.9 million RSF to 3.91 million RSF.
  • Total vacant Office Sublease Space For Lease in Midtown Manhattan increased from 2.84 million RSF to 2.88 million RSF.
  • Total vacant Office Direct Space For Rent in Midtown South Manhattan decreased from 3.57 million RSF to 3.49 million RSF
  • Total vacant Office Sublease Space For Lease in Midtown South Manhattan decreased from 0.29 million RSF to 0.27 million RSF
  • Total vacant Office Direct Space For Rent in Downtown Manhattan decreased from 5.88 million RSF to 5.79 million RSF
  • Total vacant Office Sublease Space For Lease in Downtown Manhattan decreased from 0.77 million RSF to 0.76 million RSF

Manhattan Retail Rent Vacancy

  • Total Available Manhattan Retail Space increased from 0.81 million RSF to 0.85 million RSF.
  • Midtown Manhattan Retail vacancy increased from 0.29 million RSF to 0.32 million RSF.
  • Midtown South Retail space vacancies increased from 0.35 million RSF to 0.36 million RSF.
  • In Downtown Manhattan, Retail vacancy stayed at 0.17 million RSF.

Manhattan Industrial Rent Vacancy

  • Total Available Manhattan Industrial Space stayed at 0.08 million RSF.
  • Midtown Manhattan Industrial vacancy stayed at 0.0 million RSF.
  • Midtown South Industrial space vacancies stayed at 0.08 million RSF.
  • In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.
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