Commercial Leasing Services in NYC: The Tenant's Side and the Owner's Side
Commercial leasing services in NYC are two different jobs on the same deal. One is tenant advisory: a broker hired by the company that will occupy the space, to find it and negotiate it. The other is leasing a building for its owner: pricing the floors, marketing them and negotiating with the tenants who come. Nomad does both, as separate engagements. If you are looking for an office, the service you want is brokerage. If you own space that needs filling, it is agency leasing, owner representation or asset management. The floors below show both readers what our listings look like.
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Point me to the right teamUpdated 2026-10-03 · Nomad Group
If you are a tenant looking for space
The service is brokerage. On your search, we work for you: we write the brief, survey the market, tour the shortlist with you, compare the landlords' proposals, and take the deal through the letter of intent and into the lease, where your attorney joins.
To begin, send headcount, timing and budget. A first shortlist can be ready within 24 hours. In most transactions the landlord pays the broker fee.
If you are an owner with space to fill
The services are agency leasing and owner representation, where Nomad markets and leases floors on the owner's behalf, and asset management, which adds leasing strategy, capital planning, vendor management and reporting an owner can act on.
The block below is also a sample of the work. Each listing carries its address and size and, on nearly every one, the asking rent, with photographs, and a floor plan or a 3D walkthrough where one exists. That is how a floor of yours would be presented. To talk about a building, use the contact page.
When one firm is on both sides of a lease
Doing both kinds of work means the two can meet. Suppose a company we represent as a tenant shortlists a floor in a building where the owner is also our client. That is dual agency. New York allows it only with the informed consent of the tenant and the owner. That consent belongs to one building at the moment the question comes up, so ask which buildings on your list it applies to, and be wary of any agreement that asks for blanket consent in advance.
Either party can decline, and your attorney can confirm what the disclosure means for you. Running both practices is useful to each: leasing buildings shows what owners are able to concede, and representing tenants shows what the market is asking for.
Beyond asking rent: how a tenant and an owner each read a lease offer
Tenants and owners look at the same arithmetic from opposite ends. The asking rent is the printed figure. The real cost of a lease is its effective rent across the term: the asking rent adjusted for the free months, for the landlord's contribution to the buildout, for each year's increase and for how the floor is measured. Two floors with the same asking rent can be very different deals.
What moves in a lease negotiation goes through each term.
What is on our book right now
Live from our listings · 6 of the 49, cheapest firstNomad lists 49 floors across 11 Manhattan submarkets right now, from 2,500 to 27,344 square feet. 46 publish an asking rent: $43 to $200 per square foot per year, with a median of $75.
- Floors
- 49
- Sizes
- 2,500-27,344 sq ft
- Asking rent
- $43-$200 / sq ft
- Median
- $75 / sq ft
- 115 West 30th Street, Partial 4th Floor 3,500 sq ft $55/sq ft Chelsea about 20 people
- 1239 Broadway, Entire 12th Floor 12,500 sq ft $62/sq ft NoMad about 71 people
- 6 Greene Street, Entire 2nd Floor 4,900 sq ft $78/sq ft SoHo about 28 people
- 1450 Broadway, Entire 40th Floor 4,109 sq ft $95/sq ft Bryant Park about 23 people
- 520 Broadway, Entire 10th Floor 5,539 sq ft $125/sq ft SoHo about 32 people
- 836 Broadway, Entire 2nd Floor 13,754 sq ft rent on request Union Square about 79 people
The full guide
This page is the short answer. The long one, with the numbers worked through, is here:
Related topics
- Tenant Advisory for Startup Teams: A Project Plan for Whoever Runs the Search
- Tenant Advisory Services From Signed Lease to Move-In: The Buildout Handoff
- Tenant Advocacy at Renewal: Run the Stay Like a New Deal
- Tenant Advocacy on a Commercial Lease: What We Check When the Draft Arrives
Which Nomad service do I ask for if I need an office?
Brokerage. Say you are a tenant, and give headcount, timing and budget. A broker reaches out within the hour during business hours.
Does Nomad lease buildings on behalf of landlords?
Yes. Nomad offers agency leasing and owner representation, and an asset management practice for owners and long-hold tenants. These are separate engagements from its work for tenants.
Can Nomad represent a tenant in a building it leases for the owner?
Yes, as a dual agent, and only after both parties have been told and have agreed. Ask at the start which buildings on your list this applies to, and expect a straight answer.
Is the agent who shows a building my advisor?
Not unless you hired them. The agent showing a floor is usually the owner's leasing agent. A tenant advisor is engaged by your company and compares that building with others. Knowing which of the two you are speaking to is the first thing to settle on any tour.
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
Or call 646-688-3158
