market research

October 2012

October 2012 » Market Analysis » New York Retail Report

October 2012 New York 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 0.36 0.0 0.36 2.3 % -1.23 %
Midtown South Manhattan Retail 0.3 0.02 0.32 1.6 % 1.76 %
Downtown Manhattan Retail 0.15 0.0 0.15 2.5 % 2.42 %
Total Manhattan Retail 0.82 0.02 0.83 2.0 % -1.92 %
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 0.79 0.1 0.9 5.02 % -1.23 %
Midtown South Manhattan Retail 0.7 0.04 0.74 3.28 % abc 1.76 %
Downtown Manhattan Retail 0.26 0.0 0.26 3.94 % 0.0 %
Total Manhattan Retail 1.75 0.15 1.9 % 0.44 %

Manhattan Retail Rent Vacancy

  • Total Available Manhattan Retail Space decreased from 0.85 million RSF to 0.83 million RSF
  • Midtown Manhattan Retail vacancy decreased from 0.37 million RSF to 0.36 million RSF
  • Midtown South Retail space vacancies decreased from 0.33 million RSF to 0.32 million RSF
  • In Downtown Manhattan, Retail vacancy stayed at 0.15 million RSF.
  • Green Acres Is the Place for Macerich
  • Billionaire Shows How Small Buildings in NYC Can Mean Big Money
  • Optimal Spaces in the News - New York's Pix11 / Wpix-Tv
  • Fighting rubber ruler measurements
  • Manhattan's Low-Rent Dining in Hiding
  • The NY Fed Is Buying Its Own Building