Login

New York industrial market faces glut of vacant space this year

Vacancy levels set to rise as construction completions increase
Vacancy levels in New York's industrial market have more than doubled in the past three years as new supply has outpaced demand. (CoStar)
Vacancy levels in New York's industrial market have more than doubled in the past three years as new supply has outpaced demand. (CoStar)
CoStar Analytics
February 19, 2025 | 6:04 P.M.

While better days are expected in New York's industrial sector, they may not arrive until next year as new supply is expected to outpace tenant demand for the fourth consecutive year.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In