Nassau County’s Biggest Class-A Direct Availability

A huge chunk of Class-A space is available for direct lease in Nassau County for the first time in more than 25 years, say NGKF's Dan Oliver and Scott Berfas—left, at a recent broker event at the property with fellow leasing agent Jordan Oliver. (We once brought our laptop to an Islanders game, so that might count as a larger office space—and tells you how exciting the game was.) United Business Media's net lease on the 252k SF 600 Community Dr, owned by The Carlton Group, in Manhasset expires in October.

UBM has been subleasing all but 40k SF and may renew, but the brokers are checking out all options for the property, the most visible in the submarket, at the LIE's Exit 33 next to North-Shore LIJ. The hospital itself occupies a large chunk of space there for administrative use. Dan and Scott also tell us Carlton plans a multimillion-dollar capital improvement program, including exterior and common area renovations, landscaping, and new elevator cabs, bathrooms and mechanical systems.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's New York Newsletters
Related Stories

Denver Public Schools' $11M Centennial Hall Purchase Marks Rare Land Sale For ULC

COPA Passes City Council, Heads To Mamdani's Desk

SL Green's $2.5B Sell-Off Hits Interest Rate Snag

Brandywine Plans To Sell $200M Worth Of Properties In 2027

Why A 'Not My Job' Mentality Can Derail A Construction Project

Pennsylvania Reveals Draft Map Of Areas To Benefit From Opportunity Zones 2.0

Cresa Taps Nathan Knowles As Atlanta Market Leader

Developer Of $3.8B Atlanta Project Discloses $19M Accounting Error

Inter Miami Stadium Subcontractors Sue Over Millions In Unpaid Work

Meet The Women Pushing Boundaries In UK Development

Related Lands $750M Loan To Keep 'Broadway's Bedroom' Affordable: The N.Y. Deal Sheet

Elecor, Formerly Paramount Group, Gains New Muscle With Rithm In Its Corner