market research

September 2010

September 2010 » Market Analysis » New York Market Data

September 2010 New York Real Estate Market Data


Manhattan Office Rent Vacancy

  • Total Manhattan Office Market vacancy increased from 37.31 million RSF to 37.46 million RSF.
  • Total Midtown Office vacancy decreased from 22.36 million RSF to 22.24 million RSF
  • Total Midtown South Office vacancy decreased from 6.56 million RSF to 6.53 million RSF
  • Total Downtown Office vacancy increased from 8.38 million RSF to 8.69 million RSF.
  • Total Manhattan Office direct lease vacancy increased from 31.8 million RSF to 32.04 million RSF.
  • Total vacant Office Direct Space For Rent in Midtown Manhattan decreased from 19.15 million RSF to 19.08 million RSF
  • Manhattan Office Sublease vacancy decreased from 5.5 million RSF to 5.42 million RSF.
  • Total vacant Office Sublease Space For Lease in Midtown Manhattan decreased from 3.21 million RSF to 3.16 million RSF
  • Total vacant Office Direct Space For Rent in Midtown South Manhattan decreased from 5.74 million RSF to 5.7 million RSF
  • Total vacant Office Sublease Space For Lease in Midtown South Manhattan increased from 0.82 million RSF to 0.83 million RSF.
  • Total vacant Office Direct Space For Rent in Downtown Manhattan increased from 6.91 million RSF to 7.25 million RSF.
  • Total vacant Office Sublease Space For Lease in Downtown Manhattan decreased from 1.47 million RSF to 1.43 million RSF

Manhattan Retail Rent Vacancy

  • Total Available Manhattan Retail Space decreased from 0.87 million RSF to 0.85 million RSF
  • Midtown Manhattan Retail vacancy increased from 0.22 million RSF to 0.25 million RSF.
  • Midtown South Retail space vacancies decreased from 0.53 million RSF to 0.49 million RSF
  • In Downtown Manhattan, Retail vacancy stayed at 0.11 million RSF.

Manhattan Industrial Rent Vacancy

  • Total Available Manhattan Industrial Space decreased from 0.42 million RSF to 0.41 million RSF
  • Midtown Manhattan Industrial vacancy stayed at 0.07 million RSF.
  • Midtown South Industrial space vacancies decreased from 0.345 million RSF to 0.334 million RSF
  • In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.
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