market research

June 2014

June 2014 » Market Analysis » New York Retail Report

June 2014 New York Retail Graphs and Statistics


NEW YORK RETAIL VACANT SPACE
(In Millions of Rentable Square Feet)
Direct Sublease Total % Vacant % Monthly Change
Midtown Manhattan Retail 0.29 0.02 0.31 3.1 % 6.2 %
Midtown South Manhattan Retail 0.45 0.01 0.47 3.0 % -3.74 %
Downtown Manhattan Retail 0.22 0.0 0.22 4.5 % 9.51 %
Total Manhattan Retail 0.96 0.04 1.0 3.2 % 9.61 %
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 0.85 0.09 0.94 5.59 % 6.2 %
Midtown South Manhattan Retail 0.81 0.07 0.88 4.56 % abc -3.74 %
Downtown Manhattan Retail 0.3 0.01 0.3 6.05 % 0.0 %
Total Manhattan Retail 1.96 0.16 2.12 % 2.54 %

Manhattan Retail Rent Vacancy

  • Total Available Manhattan Retail Space increased from 0.9 million RSF to 1.0 million RSF.
  • Midtown Manhattan Retail vacancy increased from 0.25 million RSF to 0.31 million RSF.
  • Midtown South Retail space vacancies stayed at 0.47 million RSF.
  • In Downtown Manhattan, Retail vacancy increased from 0.18 million RSF to 0.22 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