Midtown Manhattan Vacancies Rise in Epicenter Shift

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St. Patrick's Cathedral is seen from a window from the top floor at... News PhotoCity,Construction Industry,DIY,Economy,Home Ownership,Horizontal,New York City,North,North America,Renovation,The Americas,USAPhotographer Collection: Bloomberg © 2014 Bloomberg Finance LPSt. Patrick's Cathedral is seen from a window from 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