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After two years, available industrial space in New York is finally declining

Last time a decline in availability occured was during the second quarter of 2021
About 82 million square feet of industrial space is currently available in New York, about 500,000 square feet less than what was available at the end of the second quarter. (CoStar)
About 82 million square feet of industrial space is currently available in New York, about 500,000 square feet less than what was available at the end of the second quarter. (CoStar)
CoStar Analytics
September 3, 2024 | 4:40 P.M.

The wave of available industrial space that has been added across New York over the past two years appears to finally be shrinking.

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