July 2015 » Market Analysis » New York Market Data

July 2015 New York Real Estate Market Data


Manhattan Office Rent Vacancy

  • Total Manhattan Office Market vacancy increased from 32.11 million RSF to 32.42 million RSF.
  • Total Midtown Office vacancy increased from 17.96 million RSF to 18.15 million RSF.
  • Total Midtown South Office vacancy decreased from 4.47 million RSF to 4.43 million RSF
  • Total Downtown Office vacancy increased from 9.68 million RSF to 9.84 million RSF.
  • Total Manhattan Office direct lease vacancy increased from 29.2 million RSF to 29.59 million RSF.
  • Total vacant Office Direct Space For Rent in Midtown Manhattan increased from 15.83 million RSF to 16.12 million RSF.
  • Manhattan Office Sublease vacancy decreased from 2.91 million RSF to 2.83 million RSF.
  • Total vacant Office Sublease Space For Lease in Midtown Manhattan decreased from 2.12 million RSF to 2.03 million RSF
  • Total vacant Office Direct Space For Rent in Midtown South Manhattan decreased from 4.18 million RSF to 4.14 million RSF
  • Total vacant Office Sublease Space For Lease in Midtown South Manhattan decreased from 0.3 million RSF to 0.29 million RSF
  • Total vacant Office Direct Space For Rent in Downtown Manhattan increased from 9.19 million RSF to 9.34 million RSF.
  • Total vacant Office Sublease Space For Lease in Downtown Manhattan increased from 0.49 million RSF to 0.5 million RSF.

Manhattan Retail Rent Vacancy

  • Total Available Manhattan Retail Space decreased from 1.03 million RSF to 1.01 million RSF
  • Midtown Manhattan Retail vacancy stayed at 0.38 million RSF.
  • Midtown South Retail space vacancies decreased from 0.37 million RSF to 0.35 million RSF
  • In Downtown Manhattan, Retail vacancy stayed at 0.28 million RSF.

Manhattan Industrial Rent Vacancy

  • Total Available Manhattan Industrial Space stayed at 0.04 million RSF.
  • Midtown Manhattan Industrial vacancy stayed at 0.0 million RSF.
  • Midtown South Industrial space vacancies stayed at 0.04 million RSF.
  • In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.
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