NYC Commercial Property for Rent and Lease: How Nomad Runs a Tech Team's Search

Nomad finds commercial property for rent and lease across Manhattan for engineering and product teams, and runs the search from the first brief to move-in. Rent and lease describe the same floors; the only difference is how long you commit. For a tech team we size the floor for how the team really sits, shortlist in the districts engineers can reach, price the cabling, AV and internet the landlord will not provide, and negotiate the lease. On your search, we work for you, and in most transactions the landlord pays the broker fee. A broker reaches out within the hour during business hours.

Rather have a broker answer it for your team?Tell us team size and timing. A broker reaches out within the hour during business hours.

Send me the NoMad floors

Updated 2026-10-03 · Nomad Group

Rent or lease: one set of floors for a tech team

People search both words and land on the same offices. A New York office is leased, on a term measured in years or, at the short end, 12 months. What some call renting is simply the shorter commitment: a furnished floor for a year or two. We put both ends on one shortlist, because the right length depends on how firm the hiring plan is. Lease versus rent explains the difference in rights.

How we size a floor for engineers on a hybrid schedule

We start from 175 square feet per person and adjust for how you work. A team at shared benches with few closed rooms can run near 140 square feet each. A hybrid schedule usually brings the footprint 10 to 20 percent below a full-time one and no further, because the days when everyone comes in still need seats and rooms.

So for 45 engineers and product staff we would look from roughly 5,000 square feet, dense and hybrid, up to about 7,900 at the standard figure, then test fit the finalists to see where the booths and meeting rooms land.

Cabling, AV and internet: what we price outside the landlord's work

A landlord's buildout or allowance covers construction: walls, ceilings, lighting, electrical distribution. It does not usually cover the things an engineering team depends on most. Data cabling, conference room AV and the internet circuit fall outside it in most deals, so we put them in the budget from the start.

We also advise ordering the circuit as soon as the lease is signed, since installation can take several weeks, and on tours we look at the electrical capacity of each floor, which varies from one prewar building to the next.

Where we shortlist for tech teams: Midtown South and NoMad

Tech companies in New York cluster in Midtown South, the loft and boutique corridor that runs from Union Square through Flatiron and NoMad to Chelsea. We choose within it by the team's home stations.

NoMad's stations at 23rd and 28th Streets carry the N/R/W, the 6 and the F/M, and Penn Station is about ten minutes away on foot. Most of its prewar buildings give each tenant a level of its own. The floors below are the NoMad ones we list. The NoMad guide covers the blocks, and how to choose an office neighborhood has the method.

From brief to move-in for a tech team: what Nomad does, and who pays

Take the brief: headcount, date, budget, stations.
Send a first shortlist, which can be ready within 24 hours, with each floor's size and asking rent.
Walk three to five floors with you in one afternoon and test fit the strongest.
Put landlord proposals on one basis, then negotiate the letter of intent and the lease alongside your attorney.
Run the buildout through our construction team if the floor needs one, and coordinate the move.

In most transactions the landlord pays the broker fee. When you send the brief, ask us how that applies to your deal.

NoMad office space available now

Live from our listings · cheapest first

4 offices are available in NoMad right now, from 5,621 to 12,500 square feet, asking $57 to $90 per square foot per year. The NoMad median is $62.

Floors: 4
Sizes: 5,621-12,500 sq ft
Asking rent: $57-$90 / sq ft
Median: $62 / sq ft

Everything available in NoMad, with photos and rents →

The full guide

This page is the short answer. The long one, with the numbers worked through, is here:

How dense can an engineering floor be before it stops working?

About 140 square feet a person is as dense as we plan a bench layout. Below that, the meeting rooms and call booths go first, and a team that spends its day on video feels the loss. We test fit the plan on the actual floor before you commit to a number.

Does a hybrid tech team still need a floor of its own?

Usually, yes, only a smaller one. Shared desks cut the number of workstations, but the team wants more rooms on the days it gathers. Most hybrid teams land 10 to 20 percent under a full-time footprint. The office space calculator runs the numbers for your headcount.

Is NoMad the only district you would show a product team?

No. It is the example on this page. The same search would usually take in Flatiron, Chelsea and Union Square, which share the corridor, and the commute map decides between them. Every floor we list is in Manhattan.

Who handles the internet and AV once the lease is signed?

Nomad's construction team brings in cabling and AV at the end of a buildout, and our brokers coordinate the move. On a furnished floor much of it is already in place, which is part of why those floors are ready so soon, usually two to four weeks from signing.

Talk to a broker

Want this answered for your team?

Tell us three things: team size, timing, budget. A first shortlist can be ready within 24 hours, with the asking rent on every floor that publishes one.

Within the houra broker reaches out during business hours, no automated triage
On your sidewe work for you on your search, and the landlord usually pays our fee
Open pricingasking rent published for 46 of 49 floors, size and address for all
300+ officesdelivered in New York, 2M+ sq ft leased

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