Long Island

Our Long Island office provides fully integrated real estate services, including: Transaction Management, Project Management, Strategic Planning, Workforce and Location Planning, Subleases and Dispositions, Portfolio/Lease Administration, Capital Markets, Sustainability, Industrial/Supply Chain, and Facilities Management.

Nassau County’s close proximity to New York City makes it a favorite geographical target for Fortune 1000 Company’s administrative and branch office locations. Long Island is a mature market with little new development land available.

Latest Insights

News

April 29, 2019

Cresa on Track to Reach Recruitment Goals With Addition of Four Industry Veterans

Cresa adds strength to its Atlanta, Silicon Valley and Boston offices, marking 123 new hires in 2019

Market-Research

April 1, 2019

Long Island Q1 2019 Occupiers Guide

The Long Island market continues at a slow but steady pace, improving over each previous quarter and remaining healthy. Availability in both sectors dipped slightly and predictably rents inched up a bit. The first (1st) quarter experienced several major transactions across every discipline; retail, office and industrial. Newsday signed the largest new office lease of the quarter (84k SF). The industrial market has outpaced the other sectors with substantial increases in rent and increases in the cost per square foot to purchase. A large contributor to the increase is due to the migration of tenants/buyers from Long Island City and NYC boroughs acquiring Long Island facilities at “discounted” rents and lower acquisition costs.