New York's industrial market remains in a period of adjustment at the start of 2026. Vacancy rates have risen for nearly three years as a wave of new supply has outpaced tenant demand.
A lighter construction pipeline gives New York’s industrial market breathing room in 2026
Less than 2 million square feet of industrial space is set for completion this year
CoStar Analytics
January 30, 2026 | 5:07 P.M.
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