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November 2011

November 2011 » Market Analysis » New York Retail Report

November 2011 NYC Retail Graphs and Statistics


NEW YORK RETAIL VACANT SPACE
(In Millions of Rentable Square Feet)
Direct Sublease Total % Vacant % Monthly Change
Midtown Manhattan Retail 0.35 0.01 0.35 2.1 % -1.24 %
Midtown South Manhattan Retail 0.42 0.0 0.42 1.8 % -12.16 %
Downtown Manhattan Retail 0.21 0.0 0.22 3.3 % 17.91 %
Total Manhattan Retail 0.98 0.01 0.99 2.1 % 1.62 %
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 0.67 0.14 0.81 4.57 % -1.24 %
Midtown South Manhattan Retail 0.88 0.04 0.93 3.69 % abc -12.16 %
Downtown Manhattan Retail 0.36 0.0 0.36 5.32 % 0.0 %
Total Manhattan Retail 1.91 0.19 2.1 % -2.76 %

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.
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