market research

November 2011

November 2011 » Market Analysis » New York Market Data

November 2011 New York Real Estate Market Data


Manhattan Office Rent Vacancy

  • Total Manhattan Office Market vacancy increased from 32.93 million RSF to 33.38 million RSF.
  • Total Midtown Office vacancy increased from 19.58 million RSF to 20.3 million RSF.
  • Total Midtown South Office vacancy decreased from 5.24 million RSF to 5.09 million RSF
  • Total Downtown Office vacancy decreased from 8.11 million RSF to 7.98 million RSF
  • Total Manhattan Office direct lease vacancy increased from 29.81 million RSF to 30.16 million RSF.
  • Total vacant Office Direct Space For Rent in Midtown Manhattan increased from 17.29 million RSF to 17.89 million RSF.
  • Manhattan Office Sublease vacancy increased from 3.13 million RSF to 3.22 million RSF.
  • Total vacant Office Sublease Space For Lease in Midtown Manhattan increased from 2.29 million RSF to 2.41 million RSF.
  • Total vacant Office Direct Space For Rent in Midtown South Manhattan decreased from 4.92 million RSF to 4.78 million RSF
  • Total vacant Office Sublease Space For Lease in Midtown South Manhattan decreased from 0.32 million RSF to 0.32 million RSF
  • Total vacant Office Direct Space For Rent in Downtown Manhattan decreased from 7.6 million RSF to 7.49 million RSF
  • Total vacant Office Sublease Space For Lease in Downtown Manhattan decreased from 0.52 million RSF to 0.5 million RSF

Manhattan Retail Rent Vacancy

  • Total Available Manhattan Retail Space increased from 0.97 million RSF to 0.99 million RSF.
  • Midtown Manhattan Retail vacancy increased from 0.31 million RSF to 0.35 million RSF.
  • Midtown South Retail space vacancies decreased from 0.45 million RSF to 0.42 million RSF
  • In Downtown Manhattan, Retail vacancy increased from 0.21 million RSF to 0.22 million RSF.

Manhattan Industrial Rent Vacancy

  • Total Available Manhattan Industrial Space stayed at 0.1 million RSF.
  • Midtown Manhattan Industrial vacancy stayed at 0.03 million RSF.
  • Midtown South Industrial space vacancies stayed at 0.07 million RSF.
  • In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.
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