market research

October 2015

October 2015 » Market Analysis » New York Market Data

October 2015 New York Real Estate Market Data


Manhattan Office Rent Vacancy

  • Total Manhattan Office Market vacancy increased from 32.8 million RSF to 33.52 million RSF.
  • Total Midtown Office vacancy increased from 18.43 million RSF to 19.41 million RSF.
  • Total Midtown South Office vacancy decreased from 4.83 million RSF to 4.76 million RSF
  • Total Downtown Office vacancy decreased from 9.53 million RSF to 9.36 million RSF
  • Total Manhattan Office direct lease vacancy increased from 29.94 million RSF to 30.4 million RSF.
  • Total vacant Office Direct Space For Rent in Midtown Manhattan increased from 16.43 million RSF to 17.11 million RSF.
  • Manhattan Office Sublease vacancy increased from 2.86 million RSF to 3.12 million RSF.
  • Total vacant Office Sublease Space For Lease in Midtown Manhattan increased from 2.0 million RSF to 2.3 million RSF.
  • Total vacant Office Direct Space For Rent in Midtown South Manhattan decreased from 4.44 million RSF to 4.35 million RSF
  • Total vacant Office Sublease Space For Lease in Midtown South Manhattan increased from 0.39 million RSF to 0.41 million RSF.
  • Total vacant Office Direct Space For Rent in Downtown Manhattan decreased from 9.07 million RSF to 8.95 million RSF
  • Total vacant Office Sublease Space For Lease in Downtown Manhattan decreased from 0.46 million RSF to 0.41 million RSF

Manhattan Retail Rent Vacancy

  • Total Available Manhattan Retail Space stayed at 0.98 million RSF.
  • Midtown Manhattan Retail vacancy decreased from 0.35 million RSF to 0.34 million RSF
  • Midtown South Retail space vacancies increased from 0.36 million RSF to 0.37 million RSF.
  • In Downtown Manhattan, Retail vacancy stayed at 0.27 million RSF.

Manhattan Industrial Rent Vacancy

  • Total Available Manhattan Industrial Space stayed at 0.04 million RSF.
  • Midtown Manhattan Industrial vacancy stayed at 0.0 million RSF.
  • Midtown South Industrial space vacancies stayed at 0.04 million RSF.
  • In Downtown Manhattan, Industrial vacancy stayed at 0.0 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