Long Island office market reports

Q2 2024

397,790 sf

Leasing activity

In Q2 2024, Long Island saw 397,790 sf of office leasing activity, a 16.7% quarter-over-quarter decrease.


Asking rents

Quarter-over-quarter, overall asking rents experienced a 0.9% increase, reaching the highest value to date.

7.3 msf

Available space

Total available space increased 199,067 sf compared to Q1 2024. Presently, direct space stands at 5.8 msf, while sublet space is at 1.5 msf.

Download Long Island Office Market Report Q2 2024

Your source for the latest Long Island office market reports

Get in-depth office market reports and insights from commercial real estate experts in the Greater Long Island area. Avison Young advisors look at Long Island commercial real estate activities and the latest Long Island statistics to provide you expert market research on Long Island's office properties.

Explore different topics like the latest office market pricing trends and analysis of Long Island's current office real estate market conditions. Gain a better understanding of Long Island’s office real estate outlook and stay ahead of current office space trends. Make smart decisions when it comes to investing in office properties in Long Island's competitive office real estate market. Avison Young is your trusted source for commercial real estate office market insights on Long Island.

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