New York Market Overview
- Total Manhattan Class A Office vacancies increased from 8.7 % vacant to 8.9 % vacant
- Total New York City Office vacancy increased from 7.7 % vacant to 7.8 % vacant
- Total Manhattan Office Class A vacancies increased from 19.98 million RSF to 20.33 million RSF.
- Total Manhattan Office Market vacancies increased from 32.69 million RSF to 32.93 million RSF.
- Total Midtown Office vacancy increased from 19.24 million RSF to 19.58 million RSF.
- Total Midtown South Office vacancy decreased from 5.37 million RSF to 5.24 million RSF.
- Total Downtown Office vacancy increased from 8.08 million RSF to 8.11 million RSF.
- Total vacant Office Direct Space For Rent in Midtown Manhattan increased from 16.96 million RSF to 17.29 million RSF.
- Total vacant Office Sublease Space For Lease in Midtown Manhattan increased from 2.28 million RSF to 2.29 million RSF.
- Total vacant Office Direct Space in Midtown South Manhattan decreased from 4.97 million RSF to 4.92 million RSF.
- Midtown South Manhattan Sublease vacancies decreased from 0.40 million RSF to 0.32 million RSF.
- Total Downtown Manhattan Office Direct Lease Space increased from 7.54 million RSF to 7.60 million RSF.
- Total Downtown Manhattan Office Sublease Vacancies decreased from 0.54 million RSF to 0.52 million RSF.
