London Data

London Statistics

Land Area

659 sq miles
421,760 Acres
Greater London Authority

Population

7,620,000
Office for National Statistics
300,000
(from 2001 census)

Labor Force

4,060,000 – Employed: 3,701,000 (March 2010) – Unemployed: 359,000 (March 2010)
Office for National Statistics Labour Market Statistics,

Wages Earned

£151 billion ($227bn)
HM Revenue & Customs ‘Personal income by year’ statistics for 2007-08

Av household income

£43,368 ($65,052)
Focus on London 2009 (2006-07)

Underground ridership*

1.15bn
Transport for London Travel in London Report 2
* inc Docklands Light Railway

Travel time to work

44 minutes
Regional Trends 41, ONS, Table 11.6

Office inventory

217msf
CBRE (Central London) – Vacancy 6.9%
CBRE (Central London)

Hotel Occupancy

85%
TRI Hospitality Consulting (October 2009)

Visitors to London

27 million
Focus on London 2009 – Number Hotel Rooms 99,000
Visit London

Air passengers

137 million
Focus on London 2009

New York City Data

New York Statistics

Land Area

305 Sq. Miles
195,000 Acres
Source: NYC Dept. of City Planning

Population

8,363,710 (July 2008)
U.S. Bureau of Census – Increase of 513,840
(from 2000 Census)

Labor Force

3,984,300

- Employed: 3,606,800 – Unemployed: 377,500
NY State Dept. of Labor (Residents, 2009)

Job Levels:

3,686,800
NY State Dept. of Labor (Place of Work, 2009)

Wages Earned

$295.3 Billion – Av. Wage $80,378 – Fin.& Ins. $280,832
NY State Dept. of Labor (Place of Work, 2008)

Subway Ridership

1.58 Billion
NYS MTA 2009
Travel Time to Work: 39.4 minutes
U.S. Bureau of Census

Office Inventory

363.2 msf
Manhattan Q4 2009 – Vacancy: 9.4% Manhattan Class A Q4 2009 – Av. Rent: $65.47
Grubb & Ellis

Hotel Occupancy

84%
December 2009 PKF Consulting

Visitors to NYC

45 Million – # Hotel Rooms 76,000
NYC & Company 2008

Air Passengers

101.9 million
Port Authority of NY & NJ 2009