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COMMERCIAL REAL ESTATE BROKERAGE SERVICES

MARKET REPORT

WINTER 2001 VACANCY REPORT

MIDTOWN

34th to 65th  
Street

MIDTOWN SOUTH

Canal to 34th  
Street

DOWNTOWN

South of Canal 
Street

Number of
Buildings 

  

925 741 306
Total
sq. ft.

 

230,898,217 104,147,255 120,635,166
Direct
Vacancy

 

4.26% 4.58% 3.72%
Total
Vacancy

 

5.17% 5.59% 4.90%
Average
Asking
Direct
Rents

 

$57.48 $40.51 $41.34
Average
Asking
Sublease
Rents

 

$55.44 $40.81 $37.21

 

Gardiner & Co., Inc. 2000 All Rights Reserved