Midtown Manhattan Vacancies Rise in Epicenter Shift

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Debris from demolition work sits in front of a decorative mural in... News PhotoCity,Construction Industry,DIY,Demolishing,Economy,Home Ownership,Horizontal,Lobby,Mural,New York City,North,North America,Renovation,Rockefeller Center,Sitting,The Americas,USA,WorkingPhotographer Collection: Bloomberg © 2014 Bloomberg Finance LPDebris from demolition work sits in front of a decorative mural in the lobby of 75 Rockefeller Plaza in New York, U.S., on Monday, Aug. 18, 2014. New landlord RXR Realty Corp. is upgrading the entire 630,000 square feet. The $150 million project includes raising office ceilings from 7.5 feet (2.3 meters) to 9 feet, and relocating mechanical equipment from the top floor to create new high-priced space, said Scott Rechler, RXRís chief executive officer. Photographer: Jin Lee/Bloomberg via Getty Images