Table 3

Vacant Units Available for Rent by Borough
New York City, 1993 and 1996

 Vacant Units Available for Rent

 Net Vacancy Rate (Percent)

   1993  1996  1993  1996
Total 70,345 81,256 3.44% 4.01%
Bronx(b) 13,620 18,825 3.99 5.43
Brooklyn 20,015 25,937 3.25 4.20
Manhattan(b) 21,213 20,185 3.52 3.47
Queens 13,304 14,020 3.07 3.28
Staten Island 2,193(c) 2,289(c) 4.14(c) 4.17(c)


Source: U.S. Bureau of the Census, 1993 and 1996 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 samplin error of the vacancy rate is likely to be large. Thus, interpretation of the vacancy rate should be done with caution.