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Family Office Briefing on research byNewmark·Aug 4, 2025

Long Island Office Market Report 2Q25

Long Island office vacancy rate at 11.5% in 2Q25 — family offices should consider co-GP opportunities with distressed assets.

Key Metrics

MetricValue
Vacancy Rate11.5%
Asking Rent32.93$/SF
Leasing Activity442,546SF

Metrics extracted from the source report and independently fact-checked. Method →

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