Newmark:2025年第二季度长岛办公楼市场报告(英文版).pdf |
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While the office vacancy rate remained elevated at 11.5% in the second quarter, the market has declined 90 basis points from it’s twenty-year high in 2023. Through the first half of 2025, Long Island recorded 204,438 square feet of absorption. Total available space in the Long Island office market decreased 255,797 square feet in the second quarter of 2025, bringing the availability rate to 12.9%, the market’s lowest level since the second quarter of 2022. Asking rents increased $3.34/SF to $
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