market research

October 2017

October 2017 » Market Analysis » New York Retail Report

October 2017 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 0.5 0.02 0.52 3.6 % -16.26 %
Midtown South Manhattan Retail 0.53 0.03 0.55 4.1 % 1.99 %
Downtown Manhattan Retail 0.11 0.02 0.13 6.5 % 16.49 %
Total Manhattan Retail 1.14 0.06 1.2 4.2 % 5.34 %
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 1.0 0.07 1.07 6.26 % -16.26 %
Midtown South Manhattan Retail 1.2 0.1 1.31 7.34 % abc 1.99 %
Downtown Manhattan Retail 0.26 0.03 0.29 6.3 % 0.0 %
Total Manhattan Retail 2.46 0.2 2.67 % -3.75 %

Manhattan Retail Rent Vacancy

  • Total Available Manhattan Retail Space increased from 1.14 million RSF to 1.2 million RSF.
  • Midtown Manhattan Retail vacancy increased from 0.49 million RSF to 0.52 million RSF.
  • Midtown South Retail space vacancies increased from 0.52 million RSF to 0.55 million RSF.
  • In Downtown Manhattan, Retail vacancy stayed at 0.13 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