Long Island, New York’s multifamily market is amid its highest vacancy environment on record, a product of nearly three straight years of inventory expansion far outpacing renter demand.
Long Island, New York, Multifamily Vacancy Nears Peak As Supply Pressures Ease
Slowing Construction Activity, Positive Demand Trends Are Expected To Buoy Rent Growth
By Mateusz Wnek
CoStar AnalyticsApril 12, 2024 | 4:39 P.M.
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