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October 2010

October 2010 » Market Analysis » New York Retail Report

October 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 0.27 0.0 0.28 1.6 % -0.14 %
Midtown South Manhattan Retail 0.49 0.01 0.5 2.1 % -1.75 %
Downtown Manhattan Retail 0.1 0.01 0.11 1.8 % -7.14 %
Total Manhattan Retail 0.86 0.02 0.88 1.9 % 3.24 %
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 0.58 0.11 0.69 3.85 % -0.14 %
Midtown South Manhattan Retail 1.21 0.05 1.26 4.44 % abc -1.75 %
Downtown Manhattan Retail 0.36 0.01 0.37 4.89 % 0.0 %
Total Manhattan Retail 2.15 0.18 2.33 % -2.13 %

Manhattan Retail Rent Vacancy

  • Total Available Manhattan Retail Space increased from 0.85 million RSF to 0.88 million RSF.
  • Midtown Manhattan Retail vacancy increased from 0.25 million RSF to 0.28 million RSF.
  • Midtown South Retail space vacancies increased from 0.49 million RSF to 0.5 million RSF.
  • In Downtown Manhattan, Retail vacancy stayed at 0.11 million RSF.
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