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November 2018

November 2018 » Market Analysis » New York Market Data

November 2018 New York Real Estate Market Data


Manhattan Office Rent Vacancy

  • Total Manhattan Office Market vacancy decreased from 37.14 million RSF to 36.32 million RSF
  • Total Midtown Office vacancy decreased from 20.89 million RSF to 20.65 million RSF
  • Total Midtown South Office vacancy decreased from 6.07 million RSF to 5.9 million RSF
  • Total Downtown Office vacancy decreased from 10.18 million RSF to 9.77 million RSF
  • Total vacant Office Direct Space For Rent in Midtown Manhattan decreased from 17.67 million RSF to 17.59 million RSF
  • Total Manhattan Office direct lease vacancy decreased from 32.07 million RSF to 31.18 million RSF.
  • Total vacant Office Sublease Space For Lease in Midtown Manhattan decreased from 3.22 million RSF to 3.06 million RSF
  • Manhattan Office Sublease vacancy increased from 5.07 million RSF to 5.14 million RSF.
  • Total vacant Office Direct Space For Rent in Midtown South Manhattan decreased from 5.28 million RSF to 4.83 million RSF
  • Total vacant Office Sublease Space For Lease in Midtown South Manhattan increased from 0.79 million RSF to 1.07 million RSF.
  • Total vacant Office Direct Space For Rent in Downtown Manhattan decreased from 9.12 million RSF to 8.76 million RSF
  • Total vacant Office Sublease Space For Lease in Downtown Manhattan decreased from 1.06 million RSF to 1.01 million RSF

Manhattan Retail Rent Vacancy

  • Total Available Manhattan Retail Space increased from 1.5 million RSF to 1.53 million RSF.
  • Midtown Manhattan Retail vacancy increased from 0.51 million RSF to 0.53 million RSF.
  • Midtown South Retail space vacancies increased from 0.63 million RSF to 0.65 million RSF.
  • In Downtown Manhattan, Retail vacancy decreased from 0.36 million RSF to 0.35 million RSF

Manhattan Industrial Rent Vacancy

  • Total Available Manhattan Industrial Space stayed at 0.02 million RSF.
  • Midtown Manhattan Industrial vacancy stayed at 0.01 million RSF.
  • Midtown South Industrial space vacancies stayed at 0.01 million RSF.
  • In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.
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