November 2010 » Market Analysis » New York Retail Report

November 2010 NYC 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 0.24 0.0 0.24 1.5 % 5.06 %
Midtown South Manhattan Retail 0.49 0.01 0.5 2.1 % -1.37 %
Downtown Manhattan Retail 0.12 0.01 0.13 1.8 % -19.68 %
Total Manhattan Retail 0.85 0.03 0.87 1.9 % -0.78 %
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 0.62 0.11 0.73 4.01 % 5.06 %
Midtown South Manhattan Retail 1.19 0.06 1.24 4.38 % abc -1.37 %
Downtown Manhattan Retail 0.3 0.01 0.31 4.11 % 0.0 %
Total Manhattan Retail 2.1 0.18 2.28 % -1.8 %

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.
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