Guide

How to run a New York office search

The order that works, from writing the brief to moving in: how to size the space, where to look, what to budget, what to negotiate and how long each stage really takes.

Nomad ResearchJanuary 5, 2026 · 5 min read

What you should know

  • Write down headcount, the next 12–18 months of hiring, budget and target neighborhoods before the first tour.
  • Budget on total cost: rent plus utilities, maintenance, insurance and build-out, with a cushion.
  • Allow two to three months from first search to signed lease, and more if the space needs to be built.
  1. Write the briefHeadcount, growth, how the team works, location and must-haves.
  2. Set a total budgetRent plus utilities, maintenance, insurance and build-out.
  3. Bring in a tenant brokerSomeone who represents you, not the landlord.
  4. Search and tourListings, off-market options and referrals, measured against the brief.
  5. Negotiate the packageRent, term, free rent, improvement allowance, renewal and expansion rights, then legal review.
  6. Build, move and run itBuild-out, furniture and the day-to-day operation of the space.

A New York office search runs best in a fixed order. Get clear on what you need and what you can spend. Bring in a broker who represents you. See the market, negotiate the whole package, then leave enough time to build and move. The first two steps are the ones most often rushed, and they decide how smoothly everything after them goes.

The order is the same for a ten-person team leaving coworking and an established company relocating. What changes is the size of the build-out and how much flexibility the lease needs to carry.

Start with how your team works

Get clear on your team before you see a single space: headcount and growth, how people work, the rooms you need, where you need to be, what you can spend and the term you can commit to. What to decide before you start touring walks through each decision.

Choose a location for your people

A neighborhood can be fashionable and still wrong for you. Where does the team live? Do investors and clients visit often? Are you recruiting from Brooklyn or Westchester? The right location shortens commutes, impresses clients and reinforces the brand. That might mean Flatiron over Hudson Yards, or a building near Grand Central because half the team commutes from Connecticut.

Once you have a neighborhood, go block by block. Look at the transit lines, the local amenities and the companies in your industry nearby. Midtown South, Flatiron, SoHo and NoMad remain popular with startups for their mix of access, amenities and talent, and Brooklyn can offer a more affordable option. See NYC’s best neighborhoods for startups and Is your office worth the commute?

Budget for the whole cost

Rent is the starting point. A realistic budget also covers utilities, maintenance, insurance, build-out or renovation and, depending on the lease, a share of property taxes. Leave room for the unexpected, especially if you plan to grow. A clear range lets your broker focus on spaces that genuinely fit. For what rent usually covers, see are utilities and maintenance included?

Coworking or your own office

Coworking is priced per person, so its cost rises with every hire. At around ten people, a private office is worth pricing. The comparison below is rent only; add utilities and other charges to the private office before you compare, and remember that flexible space often bundles utilities, furniture, cleaning and management into its fee.

A 10-person team: coworking vs. a private office
CoworkingPrivate office
Basis$850 per person, per month1,500 SF at $55/SF per year
Monthly cost$8,500$6,875 in rent
What you getDesks in a shared spaceA space you control and can brand

Illustrative figures. Free rent, where negotiated on a direct lease, lowers the effective cost further.

The return is not only financial. A private office means fewer distractions, a custom space supports retention, and a branded office helps win clients and senior hires. That is why more teams move from coworking into their own offices as they mature. Coworking and short-term terms still make sense when you are hiring fast or testing a new market; see who flexible office space suits.

Bring in a tenant broker early

A tenant representative works only for you. Unlike a listing broker or an online marketplace, their job is to find the right space and negotiate the best terms on your side, from first offer to final signature, while your team keeps running the company. Good brokers know conditions building by building and have access to off-market listings. According to NAIOP data, tenants who work with brokers often get better financial results than those who go it alone.

Tenant broker fees are typically paid by the landlord, not the tenant. See Why work with a tenant broker.

Your broker does most of the legwork, but it helps to know the channels. Online listings cover the public market: LoopNet is the best known, and other platforms widen the search with filters for location, size, price and amenities. Your network and referrals can surface spaces that are never publicly listed, and industry events can too. Tour the shortlist against the brief, not against each other.

Negotiate the whole package

Rent is one line in the deal. Rent, lease length, free rent, the tenant improvement allowance, renewal rights, expansion options and move-in timing are all negotiable. Decide before you start which of these matter most, and be ready to give on the rest. For a growing company, expansion options and a modular layout that can change with the team deserve as much attention as the rent.

Then have a real estate attorney review the lease. Counsel can explain what you are agreeing to and flag risks or liabilities before you commit. The lease glossary covers the terms you will see.

Plan the calendar

Most companies underestimate how long a move takes, and the space you choose matters more than the search. The NYC office relocation timeline sets out the sequence from first brief to move-in, how early to start and what causes delays.

After the lease is signed

The space still has to be built and then run. Construction management covers design and build-out; see how to plan an office build-out. Facilities management covers routine maintenance and repairs, vendor management and space optimization, so the office doesn’t pull your team away from its work.

Small Door, a veterinary care company, needed a headquarters that reflected its culture and customer experience. Nomad sourced and negotiated a 5,500 SF office in Chelsea and managed the full build-out, delivered 30% below the original target budget.

The bottom line

An office search goes well when the brief comes first: how the team works, where people live, what the space really costs and how long you can commit. Tours, offers and the lease all move faster once those answers are written down.

Bring in a tenant broker early, negotiate the whole package rather than the rent alone, and start two to three months before you need to be in, longer if the space has to be built.

Frequently asked questions

How long does it take to find office space in NYC?
Often 2–3 months from the start of the search to a signed lease, covering the brief, tours, negotiation and legal review. Building and furnishing usually adds 4–8 weeks. Flexible, move-in-ready space can be done in a few weeks.
How much space do I need?
Start with current headcount and your hiring plan for the next 12–18 months. Most teams plan around 150–250 square feet per person, depending on the mix of roles and the design.
What is a standard lease term?
Most leases run from 1 to 5 years, and flexible and short-term options are increasingly available.
Can lease terms be negotiated?
Yes. Rent, improvements, renewal rights and move-in timing are all negotiable, especially with a broker advocating for you.
Do I need a broker?
Not strictly, but a tenant broker usually saves time and money through wider access to listings, including off-market space, and better terms. Their fee is typically paid by the landlord.
Is flexible space more expensive than a lease?
Not necessarily. It can look higher per square foot but often includes utilities, cleaning, furniture and amenities. Compare both on total cost over the period you expect to stay.
What mistakes should I avoid?
Touring before your needs are clear, underestimating the costs beyond rent, skipping legal review and negotiating the rent without the rest of the package.

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