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NJ Real Estate Firm Renovates NY Property to Attract Large Tenants


5/15/2017

Lincoln Equities Group LLC (LEG) announced that one of its premier Class A commercial properties on Long Island, 1979 Marcus Avenue, is nearly fully leased. Following an extensive renovation, the four-story, 350,000-square-foot property attracted a number of new tenants to complement its cadre of longtime tenants, including medical organizations Northwell Health and IPRO, regional shipper Liberty Maritime, and international co-working space Regus.

Tenants now occupy over 325,000 square feet of the building, filling up the top three floors, leaving just 12,200 square feet available for lease. The property offers numerous amenities that add to workplace culture and atmosphere, including a full-service cafe, complimentary fitness center, on-site security, 24-hour card access, and a parking deck with more than 1,000 spaces.

“We are pleased with the diverse, dynamic group of companies currently leasing one of our prime Long Island office properties,” says Joel Bergstein, President of Lincoln Equities Group. “We always set out to attract prestigious tenants and we’re excited to continue to provide exceptional amenities to help make their businesses successful.”

LEG has owned 1979 Marcus for more than a decade and recently led a renovation effort to attract bigger and more lucrative tenants. LEG updated the restrooms, revamped the elevators, upgraded the parking decks, and remodeled the lobby to give the interior of the building a modern feel that complements the sleek, all-glass exterior.

Tenants also benefit from the property’s location within 20 minutes from La Guardia and JFK airports, with easy access to the Long Island Expressway, Cross Island Parkway, Northern State Parkway, Great Neck Station, New Hyde Park Station, Stewart Manor Station and MTA bus service.

“LEG is happy to offer a distinguished variety of unique leasing opportunities in the region,” says Ken Flynn, Senior Director of Leasing, Lincoln Equities Group. “While our 1979 Marcus location is almost fully leased, we have upgraded spaces available at other Long Island properties including 100 Merrick Road, Rockville Center; 114 Old Country Road, Mineola; and 666 Old Country Road, Garden City.”


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