{"id":1004768066,"date":"2025-08-11T02:28:01","date_gmt":"2025-08-11T10:28:01","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004768066"},"modified":"2025-08-11T03:37:39","modified_gmt":"2025-08-11T11:37:39","slug":"bank-unit-doubles-long-island-footprint","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/bank-unit-doubles-long-island-footprint\/","title":{"rendered":"Bank Unit Doubles Long Island Footprint"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-large is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/300-Jericho-Quadrangle.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"480\" data-attachment-id=\"1004768109\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/300-jericho-quadrangle-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/300-Jericho-Quadrangle-edited.jpg\" data-orig-size=\"640,480\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;\\u00a9 Yardi Systems, Inc.&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"300-Jericho-Quadrangle\" data-image-description=\"&lt;p&gt;A photo of 300 Jericho Quadrangle in Jericho, NY. Photo from Yardi Matrix.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;300 Jericho Quadrangle was built in 1979 and underwent a cosmetic renovation in 107. Image courtesy of Yardi Research Data.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/300-Jericho-Quadrangle-edited.jpg?w=640\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/300-Jericho-Quadrangle-edited.jpg\" alt=\"A photo of 300 Jericho Quadrangle in Jericho, NY.\" class=\"wp-image-1004768109\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/300-Jericho-Quadrangle-edited.jpg 640w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/300-Jericho-Quadrangle-edited.jpg?resize=300,225 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><figcaption class=\"wp-element-caption\">Completed in 1979, the office building at 300 Jericho Quadrangle underwent a cosmetic renovation in 2017. <em>Image courtesy of Yardi Research Data<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Esquire Financial Holdings has signed a new 50,000-square-foot lease in Jericho, N.Y. The 274,648-square-foot office building is owned by TPG, according to Yardi Research Data. Sabre Real Estate Group brokered the 12-year deal.<\/p>\n\n\n\n<p>The two-floor lease doubles Esquire&#8217;s office footprint. Currently headquartered at 100 Jericho Quadrangle, the firm will relocate to the new space in late 2026.<\/p>\n\n\n\n<p>The property at 300 Jericho Quadrangle is off Jericho Turnpike, near Interstate 495. It is about 23 miles from John F. Kennedy International Airport and within 26 miles of Midtown Manhattan.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO:<\/strong> <a href=\"https:\/\/www.commercialsearch.com\/news\/office-tenants-closer-to-getting-hybrid-right\/\">Office Tenants Closer to Getting Hybrid Right<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>Completed in 1979, the three-story office building underwent a cosmetic renovation in 2017, Yardi Research Data also shows. The property features more than 1,300 parking spaces. <\/p>\n\n\n\n<p>Esquire&#8217;s new space will include a private entrance, dedicated indoor space and 16,000 square feet of outdoor space. Other tenants include Publishers Clearing House and Capital One.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-long-island-office-vacancy-rate-improves\">Long Island office vacancy rate improves<\/h2>\n\n\n\n<p>Long Island\u2019s office vacancy rate dropped to 13.9 percent in the second quarter of 2025, marking the first time the index dipped below 14 percent since 2022, according to a recent <a href=\"https:\/\/assets.cushmanwakefield.com\/-\/media\/cw\/marketbeat-pdfs\/2025\/q2\/us-reports\/office\/long-island_americas_marketbeat_office_q2-2025_v2.pdf?rev=4a9c8716a4e440a7a3d079a11cbed67b\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Cushman &amp; Wakefield report<\/a>. Average asking rates reached a new high, $34.07.<\/p>\n\n\n\n<p>One of the <a href=\"https:\/\/www.commercialsearch.com\/news\/largest-100-office-leases-of-2024-point-to-stabilization\/\">largest office leases<\/a> of the quarter involved another financial institution, as Flushing Bank renewed its 90,887-square-foot commitment at 1 RXR Plaza in Uniondale, N.Y. RXR owns the 1 million-square-foot building.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sabre Real Estate Group brokered the 12-year deal.<\/p>\n","protected":false},"author":3810,"featured_media":1004768065,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,1600,21742,10,21747],"tags":[32799,52425],"class_list":["post-1004768066","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-new-york","category-latest","category-northeast","category-office","tag-cushman-wakefield","tag-tpg"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bank Unit Doubles Long Island Footprint - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Esquire Financial Holdings is expanding its Jericho, N.Y., headquarters with a 50,000-square-foot lease near its current space.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/bank-unit-doubles-long-island-footprint\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bank Unit Doubles Long Island Footprint\" \/>\n<meta property=\"og:description\" content=\"Esquire Financial Holdings is expanding its Jericho, N.Y., headquarters with a 50,000-square-foot lease near its current space.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/bank-unit-doubles-long-island-footprint\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-11T10:28:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-08-11T11:37:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/300-Jericho-Quadrangle.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"512\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Matthew Kaufman\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bank-unit-doubles-long-island-footprint\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/bank-unit-doubles-long-island-footprint\/\",\"name\":\"Bank Unit Doubles Long Island Footprint - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bank-unit-doubles-long-island-footprint\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bank-unit-doubles-long-island-footprint\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/300-Jericho-Quadrangle.jpg\",\"datePublished\":\"2025-08-11T10:28:01+00:00\",\"dateModified\":\"2025-08-11T11:37:39+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/63cac94132ceff8b31d189996459d345\"},\"description\":\"Esquire Financial Holdings is expanding its Jericho, N.Y., headquarters with a 50,000-square-foot lease near its current space.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bank-unit-doubles-long-island-footprint\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/bank-unit-doubles-long-island-footprint\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bank-unit-doubles-long-island-footprint\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/300-Jericho-Quadrangle.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/300-Jericho-Quadrangle.jpg\",\"width\":640,\"height\":512,\"caption\":\"300 Jericho Quadrangle was built in 1979 and underwent a cosmetic renovation in 107. Image courtesy of Yardi Research Data.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bank-unit-doubles-long-island-footprint\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bank Unit Doubles Long Island Footprint\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/63cac94132ceff8b31d189996459d345\",\"name\":\"Matthew Kaufman\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/11\/MatthewKaufman-e1762250289483.jpg?w=96\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/11\/MatthewKaufman-e1762250289483.jpg?w=96\",\"caption\":\"Matthew Kaufman\"},\"description\":\"Matthew Kaufman is an associate editor at Commerical Property Executive and Multi-Housing News, covering daily news and emerging real estate trends. He joined the team in 2025 after covering business and technology news for CNN. Matthew holds a B.A. in Journalism &amp; Professional Writing from The College of New Jersey.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/matthew-kaufman\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Bank Unit Doubles Long Island Footprint - Commercial Property Executive","description":"Esquire Financial Holdings is expanding its Jericho, N.Y., headquarters with a 50,000-square-foot lease near its current space.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/bank-unit-doubles-long-island-footprint\/","og_locale":"en_US","og_type":"article","og_title":"Bank Unit Doubles Long Island Footprint","og_description":"Esquire Financial Holdings is expanding its Jericho, N.Y., headquarters with a 50,000-square-foot lease near its current space.","og_url":"https:\/\/www.commercialsearch.com\/news\/bank-unit-doubles-long-island-footprint\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2025-08-11T10:28:01+00:00","article_modified_time":"2025-08-11T11:37:39+00:00","og_image":[{"width":640,"height":512,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/300-Jericho-Quadrangle.jpg","type":"image\/jpeg"}],"author":"Matthew Kaufman","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/bank-unit-doubles-long-island-footprint\/","url":"https:\/\/www.commercialsearch.com\/news\/bank-unit-doubles-long-island-footprint\/","name":"Bank Unit Doubles Long Island Footprint - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/bank-unit-doubles-long-island-footprint\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/bank-unit-doubles-long-island-footprint\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/300-Jericho-Quadrangle.jpg","datePublished":"2025-08-11T10:28:01+00:00","dateModified":"2025-08-11T11:37:39+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/63cac94132ceff8b31d189996459d345"},"description":"Esquire Financial Holdings is expanding its Jericho, N.Y., headquarters with a 50,000-square-foot lease near its current space.","breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/bank-unit-doubles-long-island-footprint\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/bank-unit-doubles-long-island-footprint\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/bank-unit-doubles-long-island-footprint\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/300-Jericho-Quadrangle.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/300-Jericho-Quadrangle.jpg","width":640,"height":512,"caption":"300 Jericho Quadrangle was built in 1979 and underwent a cosmetic renovation in 107. Image courtesy of Yardi Research Data."},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/bank-unit-doubles-long-island-footprint\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Bank Unit Doubles Long Island Footprint"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/63cac94132ceff8b31d189996459d345","name":"Matthew Kaufman","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/11\/MatthewKaufman-e1762250289483.jpg?w=96","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/11\/MatthewKaufman-e1762250289483.jpg?w=96","caption":"Matthew Kaufman"},"description":"Matthew Kaufman is an associate editor at Commerical Property Executive and Multi-Housing News, covering daily news and emerging real estate trends. He joined the team in 2025 after covering business and technology news for CNN. Matthew holds a B.A. in Journalism &amp; Professional Writing from The College of New Jersey.","url":"https:\/\/www.commercialsearch.com\/news\/author\/matthew-kaufman\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/300-Jericho-Quadrangle.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004768066","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/3810"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004768066"}],"version-history":[{"count":9,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004768066\/revisions"}],"predecessor-version":[{"id":1004768159,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004768066\/revisions\/1004768159"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004768065"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004768066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004768066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004768066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}