market research

November 2010

November 2010 » Market Analysis » New York Market Data

November 2010 New York Real Estate Market Data


Manhattan Office Rent Vacancy

  • Total Manhattan Office Market vacancy decreased from 37.07 million RSF to 36.38 million RSF
  • Total Midtown Office vacancy decreased from 22.16 million RSF to 21.53 million RSF
  • Total Midtown South Office vacancy decreased from 6.63 million RSF to 6.56 million RSF
  • Total Downtown Office vacancy increased from 8.28 million RSF to 8.29 million RSF.
  • Total Manhattan Office direct lease vacancy decreased from 32.22 million RSF to 31.85 million RSF.
  • Total vacant Office Direct Space For Rent in Midtown Manhattan decreased from 19.44 million RSF to 19.08 million RSF
  • Manhattan Office Sublease vacancy decreased from 4.86 million RSF to 4.52 million RSF.
  • Total vacant Office Sublease Space For Lease in Midtown Manhattan decreased from 2.72 million RSF to 2.45 million RSF
  • Total vacant Office Direct Space For Rent in Midtown South Manhattan increased from 5.87 million RSF to 5.88 million RSF.
  • Total vacant Office Sublease Space For Lease in Midtown South Manhattan decreased from 0.76 million RSF to 0.68 million RSF
  • Total vacant Office Direct Space For Rent in Downtown Manhattan decreased from 6.9 million RSF to 6.89 million RSF
  • Total vacant Office Sublease Space For Lease in Downtown Manhattan increased from 1.38 million RSF to 1.4 million RSF.

Manhattan Retail Rent Vacancy

  • Total Available Manhattan Retail Space decreased from 0.88 million RSF to 0.87 million RSF
  • Midtown Manhattan Retail vacancy decreased from 0.28 million RSF to 0.24 million RSF
  • Midtown South Retail space vacancies stayed at 0.5 million RSF.
  • In Downtown Manhattan, Retail vacancy increased from 0.11 million RSF to 0.13 million RSF.

Manhattan Industrial Rent Vacancy

  • Total Available Manhattan Industrial Space decreased from 0.41 million RSF to 0.17 million RSF
  • Midtown Manhattan Industrial vacancy increased from 0.071 million RSF to 0.079 million RSF.
  • Midtown South Industrial space vacancies decreased from 0.334 million RSF to 0.094 million RSF
  • In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.
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