The Long Island retail market experienced little fluctuation in the first quarter 2012, with the vacancy rate holding at 4.5 percent, net absorption coming in at a positive 250,884 square feet, and vacant sublease space dropping by 36,095 square feet. But these numbers only tell a portion of the state of the affairs on Long Island, and where the market is heading in coming quarters.

Join me at an upcoming networking event hosted by the International Council of Shopping Centers (ICSC) that will dissect the current and future state of the Long Island retail market. The ICSC Long Island Breakfast Program and Networking Event will feature a panel discussion covering Long Island retail from all perspectives -- property owners, retailers, investors, and brokers.

I’ll be sitting on the panel with Leanne Wheeler, Director of Real Estate at Aldi Supermarkets; Mark Walsh, Director at Select Investment Realty Advisers; and Jeremy Isaacs, Partner at Ripco Real Estate. Eric Rubenstein, Chair of the Real Estate Department at Ruskin Moscou Faltischek will be moderating the discussion.

You’ll also have the opportunity to network with fellow retail market professionals, ask the panelists any burning questions you have on your mind about the Long Island retail market, and of course, enjoy some breakfast!

The event will take place on Thursday, June 21 from 8 a.m. to 10 a.m. EST at the Garden City Hotel in Garden City, N.Y. You can register for the ICSC Long Island Breakfast Program and Networking Event online. You don’t have to be an ICSC member to attend. But if you are, you get a 25 percent discount on the event.

So come join us for a morning of good eats, networking, and learning, as we share some of our insights on the Long Island retail market. Whether or not you can attend, keep an eye out on our blog for a rundown of how the event went and some of the biggest highlights we took away from it. I hope to see you there!