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Long Island City Market Reports

Long Island City Office Market

Average Asking Rent (Price/SF) $39.03
Availability Rate (%) 17.9%
Net Absorption (SF) -88,937

Long Island City saw average asking rates rise 3.3% year-over-year to an all-time high of $39.03/SF. Asking rents rose 1.8% across the market this quarter, with rents for prime assets up 1.2% as new inventory continues to be added.



Long Island City Office Market Report
4Q17
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