market research

June 2019

June 2019 » Market Analysis » New York Retail Report

June 2019 New York Retail Space Graphs and Statistics


NEW YORK RETAIL VACANT SPACE
(In Millions of Rentable Square Feet)
Direct Sublease Total % Vacant % Monthly Change
Midtown Manhattan Retail 0.48 0.0 0.48 3.2 % 3.73 %
Midtown South Manhattan Retail 0.64 0.07 0.71 4.6 % -5.52 %
Downtown Manhattan Retail 0.27 0.0 0.27 8.6 % -5.49 %
Total Manhattan Retail 1.39 0.07 1.46 4.5 % -1.57 %
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 0.87 0.05 0.92 5.08 % 3.73 %
Midtown South Manhattan Retail 1.31 0.12 1.43 7.72 % abc -5.52 %
Downtown Manhattan Retail 0.38 0.0 0.39 7.65 % 0.0 %
Total Manhattan Retail 2.57 0.17 2.74 % -2.39 %

Manhattan Retail Rent Vacancy

  • Total Available Manhattan Retail Space decreased from 1.48 million RSF to 1.46 million RSF
  • Midtown Manhattan Retail vacancy increased from 0.45 million RSF to 0.48 million RSF.
  • Midtown South Retail space vacancies decreased from 0.74 million RSF to 0.71 million RSF
  • In Downtown Manhattan, Retail vacancy decreased from 0.29 million RSF to 0.27 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