Vacancy rates rose in the New York office segment in Q3 – the 13th consecutive quarter in which they haven’t dropped, according to new data from Moody’s Analytics.

This time, they moved in accelerated fashion, up 10 basis points (bps) in the latest quarter, and by 100 bps over the last four quarters to 11.1%.

Paul Bergeron



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.