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DUMBO in Brooklyn/ Photo by Banter Snaps on Unsplash DUMBO in Brooklyn/ Photo by Banter Snaps on Unsplash

NEW YORK CITY—CBRE’s recent research bodes well for offices in Brooklyn and Long Island City, Queens. Brooklyn’s leasing activity in Q2 2019 at 599,000 square feet was 71% above the four-year quarterly average. It was the borough’s consecutive quarter with office leasing topping 500,000 square feet. Long Island City, Queens leased 558,000 square feet of office space for H1 2019. This represented a 170% increase above the 207,000 square feet leased in H1 2018.

Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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