Long Island office market reports
Q2 2024
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.
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.
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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