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October 2015

October 2015 » Market Analysis » New York Retail Report

October 2015 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 0.29 0.04 0.34 2.7 % -1.84 %
Midtown South Manhattan Retail 0.36 0.01 0.37 3.1 % 3.53 %
Downtown Manhattan Retail 0.27 0.0 0.27 7.0 % -0.58 %
Total Manhattan Retail 0.93 0.05 0.98 3.4 % -0.61 %
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 0.83 0.09 0.93 5.63 % -1.84 %
Midtown South Manhattan Retail 0.85 0.06 0.91 5.3 % abc 3.53 %
Downtown Manhattan Retail 0.32 0.02 0.34 8.66 % 0.0 %
Total Manhattan Retail 2.0 0.17 2.17 % 0.6 %

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.
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