Midtown Manhattan Vacancies Rise in Epicenter Shift

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Former occupant Warner Music Group's sign hangs near the elevators on... News PhotoCity,Construction Industry,DIY,Demolishing,Economy,Elevator,Former,Hanging,Home Ownership,Horizontal,New York City,North,North America,Renovation,Rockefeller Center,The Americas,USA,Warner Music GroupPhotographer Collection: Bloomberg © 2014 Bloomberg Finance LPFormer occupant Warner Music Group's sign hangs near the elevators on the top floor at 75 Rockefeller Plaza during demolition ahead of renovations 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