Compared to the rest of the New York City market, the NoMad region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 162 listings have come on the market, so you'll want to check back regularly for new listings. About 15% of the available space in the NoMad are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,300 sqft. Most properties in this region are close to 12 stories. Most buildings in this region were built in 1914 and are Class B.
Public administration is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst NoMad folk. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.