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

September 17, 2019

Jim Underhill Named to as a Washington D.C. Most Powerful Real Estate Player

Cresa CEO Jim Underhill was named to Commercial Observer's Washington D.C.’s 25 Most Powerful Real Estate Players list.

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.