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.
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