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November 2013

November 2013 » Market Analysis » New York Retail Report

November 2013 New York Retail Graphs and Statistics


NEW YORK RETAIL VACANT SPACE
(In Millions of Rentable Square Feet)
Direct Sublease Total % Vacant % Monthly Change
Midtown Manhattan Retail 0.33 0.02 0.35 2.9 % 2.35 %
Midtown South Manhattan Retail 0.31 0.01 0.32 1.8 % 1.63 %
Downtown Manhattan Retail 0.16 0.0 0.16 3.0 % -8.23 %
Total Manhattan Retail 0.8 0.04 0.84 2.4 % -9.39 %
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 0.82 0.08 0.89 5.62 % 2.35 %
Midtown South Manhattan Retail 0.64 0.04 0.68 3.37 % abc 1.63 %
Downtown Manhattan Retail 0.24 0.0 0.24 4.28 % 0.0 %
Total Manhattan Retail 1.69 0.12 1.81 % 0.66 %

Manhattan Retail Rent Vacancy

  • Total Available Manhattan Retail Space decreased from 0.92 million RSF to 0.84 million RSF
  • Midtown Manhattan Retail vacancy stayed at 0.35 million RSF.
  • Midtown South Retail space vacancies increased from 0.3 million RSF to 0.32 million RSF.
  • In Downtown Manhattan, Retail vacancy decreased from 0.26 million RSF to 0.16 million RSF
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