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July 2018 » Market Analysis » New York Market Data
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Manhattan Office Rent Vacancy
- Total Manhattan Office Market vacancy increased from 35.49 million RSF to 36.7 million RSF.
- Total Midtown Office vacancy decreased from 21.66 million RSF to 21.24 million RSF
- Total Midtown South Office vacancy decreased from 6.05 million RSF to 6.02 million RSF
- Total Downtown Office vacancy increased from 7.78 million RSF to 9.45 million RSF.
- Total vacant Office Direct Space For Rent in Midtown Manhattan decreased from 18.56 million RSF to 18.26 million RSF
- Total Manhattan Office direct lease vacancy increased from 30.62 million RSF to 31.94 million RSF.
- Total vacant Office Sublease Space For Lease in Midtown Manhattan decreased from 3.1 million RSF to 2.98 million RSF
- Manhattan Office Sublease vacancy decreased from 4.87 million RSF to 4.76 million RSF.
- Total vacant Office Direct Space For Rent in Midtown South Manhattan decreased from 5.39 million RSF to 5.33 million RSF
- Total vacant Office Sublease Space For Lease in Midtown South Manhattan increased from 0.66 million RSF to 0.69 million RSF.
- Total vacant Office Direct Space For Rent in Downtown Manhattan increased from 6.68 million RSF to 8.35 million RSF.
- Total vacant Office Sublease Space For Lease in Downtown Manhattan decreased from 1.11 million RSF to 1.1 million RSF
Manhattan Retail Rent Vacancy
- Total Available Manhattan Retail Space increased from 1.29 million RSF to 1.4 million RSF.
- Midtown Manhattan Retail vacancy decreased from 0.48 million RSF to 0.47 million RSF
- Midtown South Retail space vacancies increased from 0.55 million RSF to 0.56 million RSF.
- In Downtown Manhattan, Retail vacancy increased from 0.26 million RSF to 0.36 million RSF.
Manhattan Industrial Rent Vacancy
- Total Available Manhattan Industrial Space stayed at 0.02 million RSF.
- Midtown Manhattan Industrial vacancy stayed at 0.01 million RSF.
- Midtown South Industrial space vacancies increased from 0.003 million RSF to 0.005 million RSF.
- In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.
