|All Vacant for Rent Units||70,345||81,256|
Net Vacancy Rate (Percent)
|All Rental Units||3.44%(b)||4.01%(b)|
Source: U.S. Bureau of the Census, 1993 and 1996 New York City Housing and Vacancy Surveys.
(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)The standard error of the vacancy rate for all renter units was 0.21 percent in 1996 and was 0.19 percent in 1993.