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Q2 2019 Long Island Office Report

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The Q2 2019 Long Island Office Market grew steadily with improved performance from the beginning of this year. GDP growth has increased from 2.2 percent in Q4 2018 to 3.1 percent in Q1 2019. The labor market on Long Island continues to grow with the lowest unemployment rate of 3.10%, 60 basis points (BPs) down from Q1 2019. The office market has benefited from healthy employment and GDP growth, however, the overall US economy is facing growing uncertainties over trade and global growth.

Long Island Office Market Report

Q2 2019 Long Island Office Report

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