Offices are expensive. So is losing your culture.

Rent in New York is not cheap. A company whose energy has flattened pays more. Why the office still matters, and what the right space looks like now.

By Matthew DeRoseCo-Founder & CEO, Nomad GroupJune 29, 2025 · 3 min read

Let’s not sugarcoat it: rent isn’t cheap, especially in New York. But there is something that quietly costs a company more, and that is losing its culture.

When a company’s energy flattens, its people scatter, and its mission starts to feel like a shared document instead of a shared purpose, that is not a financial problem. It is a cultural one. And your space plays a bigger role in it than you think.

Culture doesn’t happen on Zoom

You can try to scale culture remotely. You can document it in Notion. But the kind of culture that keeps strong people and produces new ideas happens in moments:

  • The side conversation after a tough client call
  • The team lead who overhears a product idea and says, “Let’s build it”
  • The founder who says “let’s grab lunch” and actually means it

Those moments don’t happen by accident. They happen in spaces designed to make them happen.

The cost of space is a false trade-off

Everyone talks about cutting costs. So reframe the question. If office space feels too expensive, ask what you are paying instead: the price of lost energy, weak onboarding, or a team that isn’t aligned.

What works now

The companies getting this right are choosing:

  • Custom space with personality, not cookie-cutter coworking
  • Flexible terms with expansion built in
  • Plug-and-play headquarters that don’t eat up the team’s bandwidth
  • Intentional layouts, because people don’t come in for a desk. They come in for the energy.

At Nomad we’ve helped build duplex spaces, custom internal staircases, branded headquarters and everything in between, from Actively’s two-floor flagship to CBX’s custom headquarters. Your office should reflect who you are, not just where you work.

You don’t need the biggest space. You need the right one: a space that tells your story, supports your people and brings your company back to life. Offices are expensive, yes. But in this market, losing your culture will cost you more.

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