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United States | Long Island, NY

Report | Long Island Office Insight - Q3 2015

Summary

While the Long Island Class A vacancy rate trended lower, the average asking rental rate for Class A space remained in check during the past few years. 

The average asking Class A rental rate for direct space was approximately $30.15 per square foot in the third quarter of 2015 compared to $29.80 per square foot three years ago, representing a 1.1 percent increase. 

Learn more about what’s happening—and what we expect to occur in the coming months—in the Long Island office market.

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