Office Space for 50 People in NoMad

What 175 square feet a person has to cover

Fifty workstations and their aisles take well under half of 8,750 square feet, which is why the allowance is not a desk count. The rest pays for the enclosed rooms a company this size books all day, the phone rooms that keep calls off the open floor, a pantry that seats a real share of the staff at once, reception and storage, and the circulation joining it all, which alone can take a fifth of a floor.

Where a team lands against 175 follows how it works rather than how many people it employs. Private offices along the window line push toward 200 a head, as do studios and daily client hosting, while an open-plan company sharing desks holds below 150, though the seats it gives up come back as booths. We size a first pass from headcount and correct it against the real calendar.

What fifty people cost here, and against the city

At the $62 NoMad median, 8,750 square feet is $542,500 a year and $45,208 a month, or $10,850 per person per year, about $904 a head monthly. Both matching floors ask exactly $62, so that median is the number on each of them rather than the middle of a spread.

The same footprint at $65, the median across our whole New York book, runs $568,750 a year and $47,396 a month, so NoMad returns about $26,250 a year to a fifty-person team, $525 a head. The saving is real and modest, smaller than what the rest of the lease does to the number. Electricity is billed on top at $2 to $4 per square foot per year, a base-year tax escalation compounds quietly across a five-year term, and free rent and a fit-out contribution pull the other way harder than any dollar shaved off the asking rent.

What a floor for fifty genuinely needs

Concurrency sets the room program, not headcount. Fifty people hold four or five conversations at once on an ordinary Tuesday, and a plan that ignores that reads fine and lives badly.

• One large room seating fourteen to sixteen, doubling as the client room.
• Three or four mid-size rooms for four to eight people, the ones that stay booked.
• Six phone rooms, roughly one per eight people. Teams under-build these and hear about it in year two.
• A pantry sized as a room, because no conference room at this headcount holds an all-hands.

Neither match is a partial, so the fifty stay together and reception, pantry and IT get paid for once. Correct then for the loss factor: every foot quoted is rentable, carrying a share of lobbies, corridors and mechanical space, so usable lands 15-25% lower. 8,750 rentable becomes 6,563 to 7,438 feet a designer can draw on, 131 to 149 real square feet a head, and because that gap varies by building, compare floors on a test fit.

Growing into it, and growing out of it

Seventy-five people, half again this team, calls for 13,125 square feet, $813,750 a year and about $67,813 a month at $62. Neither floor reaches that, and they fall short differently. 1235 Broadway is rated 54 desks, so it absorbs one hiring year and stops. 1239 Broadway is rated 71, and its 12,500 feet carry seventy-five at 167 square feet each, tight against the model and workable.

Term length decides how much that matters. A direct lease on a full floor this size runs five to seven years, because a landlord amortizes free rent and improvement money over that length and will not fund a fit-out on three. Almost no company forecasts headcount honestly past year two, so buy the flexibility back in the clauses rather than the rent: a right of first offer on contiguous space in writing, consent to sublease that cannot be unreasonably withheld, no recapture right, and sublease profit shared rather than surrendered. Ask for a good guy guarantee instead of a personal one.

What is on our book at this size in NoMad right now

Two floors fit fifty people here, both entire, both at $62, and cost per head separates them.

• 1235 Broadway, Entire 4th Floor. 9,500 square feet, about $49,083 a month, rated 54 desks, furnished, with a pantry and wiring already in. Across fifty people that is 190 rentable feet each and $982 a head per month, and the furniture means weeks to occupancy, not months.
• 1239 Broadway, Entire 12th Floor. 12,500 square feet, about $64,583 a month, rated 71 desks, exposed ceilings and polished concrete. That is 250 feet and $1,292 a head, 3,750 feet past what the math asks for, either a hiring year bought early or rent on empty floor.

Photographs, a floor plan and a Matterport tour sit on both listing pages. NoMad's third availability, 22 West 27th Street at 6,000 feet and $57, is the cheapest floor in the submarket and too small here at 120 feet a head. Send us the hiring plan and we will test fit both.