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New York industrial availability hits 10-year high

Availability rate has risen for 11 consecutive quarters
By the end of the first quarter of 2025, industrial availability in New York had risen for 11 consecutive quarters, reaching 10.2% — its highest level in a decade. (CoStar)
By the end of the first quarter of 2025, industrial availability in New York had risen for 11 consecutive quarters, reaching 10.2% — its highest level in a decade. (CoStar)
CoStar Analytics
April 3, 2025 | 3:08 P.M.

Whether driven by a leasing slowdown, a surge in new construction or, more recently, uncertainty stemming from aggressive tariff policies, the outcome is clear: New York’s industrial market is seeing a wave of available space.

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