Second-generationFiDi · Partial 27th floor
200 Vesey Street
- Size
- 11,872 SF
- Asking
- $58/SF
- Monthly
- $57,381
The Financial District, the World Trade Center and Tribeca: Class A space at a Downtown discount.
Lower Manhattan, from the Financial District and the World Trade Center up to Tribeca, has become the value play of 2026. Class A space here still costs less all-in than comparable Midtown or Midtown South space, and the tenant mix has shifted.
American Express committed to all of 2 World Trade Center, and AI and fintech companies have followed. Floors are big, transit is unmatched, and concession packages are real.
Live market
Asking rent
$40–$115per SF per year · typical $60Space sizes
3,000–11,900 SFrentable square feetMonthly asking cost
$12K–$83Kbase rent, before escalations, taxes and operating expensesLease type
All direct leasesFurnished options · Some available nowMarket data updated automatically from Nomad’s live inventory · Updated October 4, 2026. Based on Nomad’s live Manhattan inventory and recent market activity. Asking figures; actual deal terms vary. This page covers the Financial District, the World Trade Center, Tribeca and the Civic Center. Broker commentary updated October 2026.
Available now
Second-generationFiDi · Partial 27th floor
Second-generationFiDi · Partial 26th floor, Suite 2630
PrebuiltTribeca · Partial 17th floor
Second-generationFiDi · Partial 10th floor
Second-generationFiDi · Partial 17th floor, Suite 1700
Second-generationFiDi · Entire 44th floor
Compare
| Lower Manhattan | Midtown South | |
|---|---|---|
| Asking rent per SF | $40–$115 | $50–$150 |
| Typical asking per SF | $60 | $86 |
| Space sizes | 3,000–11,900 SF | 3,700–26,600 SF |
| Monthly asking cost | $12K–$83K | $20K–$246K |
| Lease type | All direct leases | Mostly direct, some sublease |
Both columns from Nomad’s live inventory in each neighborhood, asking figures.
From the broker
Downtown is the value play right now. Class A buildings with large floors and unmatched transit still cost less all-in than comparable space in Midtown South, and the tenant mix has shifted toward tech, AI and fintech. For a team that’s flexible on neighborhood, it’s worth touring before you commit uptown.
Nicholas Hein, Director · Updated October 2026
Market context
Adaptive Security subleased 51,000 SF at 120 Broadway and Dandy took 37,000 SF at 22 Cortlandt.
Source: Manhattan Office Market Report, Q2 2026. Asking rents are quoted rates, not averages, unless stated.
Questions
Asking rents for the spaces Nomad is showing in Lower Manhattan currently run $40–$115 per square foot per year, with a typical asking rent of about $60. For a full space that’s roughly $12K–$83K a month in base rent, before escalations, taxes and operating expenses. Final terms depend on the building, the condition of the space and the lease length.
Listings Nomad is showing in Lower Manhattan range from about 3,000 to 11,900 rentable square feet, all direct leases. Most of what fits a growing team never reaches a listing site, so a Nomad Space Book also covers off-market options.
Nomad’s current listings include furnished options, all as direct leases right now. Subleases come and go quickly, so a Space Book tracks them as they appear.
Typical asking rents in Nomad’s Lower Manhattan listings are about $60/SF against about $86/SF in Midtown South. Class A Downtown still costs less all-in than comparable Midtown South space (Q2 2026 report).
The Financial District, the World Trade Center, Tribeca and the Civic Center.
Recent commitments include American Express (all of 2 World Trade Center), Cleary Gottlieb at One Liberty Plaza and Norm Ai at One World Trade Center. Nomad has moved Ten Thousand, Accrete and Wagmo Downtown.
Getting there
How we work for tenants: Nomad tenant representation · How a Nomad search works

Tell us your team size, timing and budget. A Nomad broker reaches out within the hour during business hours, with listed and off-market options.