Table
3
Vacant Units Available for Rent by Borough
New York City, 1996 and 1999
| |
Vacant
Units
Available
for Rent |
Net
Vacancy Rate(a) |
| |
1996 |
1999 |
1996 |
1999 |
| Total |
81,256 |
64,412 |
4.01% |
3.19% |
| |
Bronx(b) |
18,825 |
17,385 |
5.43 |
5.04 |
| |
Brooklyn |
25,937 |
19,819 |
4.20 |
3.26 |
| |
Manhattan(b) |
20,185 |
14,816 |
3.47 |
2.57 |
| |
Queens |
14,020 |
9,109 |
3.28 |
2.11 |
| |
Staten
Island |
2,289(c) |
3,283 |
4.17(c) |
5.82 |
___________________________
Sources:
U.S. Bureau of the Census, 1996 and 1999 New York City Housing
and Vacancy Surveys.
Notes:
(a)
The vacancy rate is calculated by dividing vacant available
for rent units that are not dilapidated by the sum of vacant
available for rent units that are not dilapidated and renter-occupied
units.
(b)
Marble Hill included in The Bronx.
(c)
The New York City Housing and Vacancy Survey is a sample
survey. Since the number of vacant units available for
rent in this category is small, the sampling error of the
vacancy rate is likely to be large. Thus, interpretation
of the vacancy rate should be done with caution.
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