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

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Whitepaper
May 26, 2020

Impacts of Economic Shocks on Major Metropolitan Markets

The rapid spread of COVID-19, and the public health measures taken to reduce its deadly impacts, have caused significant disruptions to global economic markets. Due to widespread business closures in America’s largest urban markets, and uncertainty over the duration and recovery of the pandemic, commercial real estate markets will face challenges in the coming years.
Jim Underhill on Cheddar TV
News
May 20, 2020

More Companies Could Follow Twitter's Lead on WFH Policies

Jack Dorsey made headlines when he announced that both his companies, Twitter and Square, would allow employees to work from home permanently and other companies are considering similar plans. Jim Underhill, the CEO of Cresa, joined Cheddar to discuss.
LIC View
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.

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Melville, NY

999 Walt Whitman Road
Suite 301
Melville, NY 11747

Phone: 631.424.4888
Fax: 631.424.4897