Obligo: They eliminate deposits. We eliminated clutter.

Deposit-free renting. Friction-free workspace.

The Challenge

Obligo is reimagining the rental experience by helping landlords and renters ditch the outdated security deposit system. Their platform uses open banking to instantly verify financial credibility – eliminating friction, unlocking capital, and improving renter experience at scale.

Their NYC office needed to reflect that same mindset: clean, modern, and no hidden fees. The challenge wasn’t just finding the right space-it was keeping up with their momentum.

The Solution

Obligo originally signed a short-term sublease at 900 Broadway, one of our buildings in the heart of Flatiron. The space delivered exactly what they needed: collaborative layout, great natural light, and unbeatable location.

When their sublease term came to an end, the next move was simple: stay put – but on their terms. We worked closely with their team to structure a direct deal with ownership, honoring the same discounted economics they previously enjoyed, while securing a longer lease term in the same suite. No disruption, no surprises.

It was a seamless upgrade-extended runway, same value, no need to move a single chair.

The Results

Today, Obligo continues to operate from their custom-fit HQ at 900 Broadway, now backed by a longer-term deal that supports team stability and long-term planning.

The office mirrors their product: smart, efficient, and frictionless. From morning standups to product sprints to investor meetings, it’s a space designed for performance-and built on trust.