Brokerage · Construction · Facilities
Expansion · Chelsea → Flatiron
Nomad placed Extend in its first New York office. When the team outgrew it, we helped them take the next step: a full floor on lower Fifth Avenue in a building Nomad also represents.
Project snapshot
At a glance
Chapter 01
The challenge
Extend had outgrown its Flatiron coworking space. It needed a private office it could shape, quickly, without losing momentum.
What they needed
How Nomad solved it
Brokerage
We searched NoMad, Flatiron and Union Square, including subleases and off-market options held by owner-operators.
Construction
We ran design and the build-out, including HVAC.
The decision
3,500 SF in Chelsea, delivered as a white box.
The result
Extend moved into its own headquarters in five weeks and raised its Series A shortly after the move.
Chapter 02
The sublease Extend had lined up fell through three weeks before move-in. Nine days later, Nomad had terms agreed on a full floor on lower Fifth Avenue, and the team moved in ahead of the lease start.
The challenge
Extend’s planned move fell through three weeks before move-in. The team was still growing, still paying for its old office, and move-in-ready space in its size range was leasing fast. The building it chose drew more than 50 inquiries in its first three days.
What Nomad did
We mapped every move-in-ready option the day the plan fell through, toured the next day and submitted four offers within 48 hours, with the financial package ready for underwriting. Because Nomad also represents the building, we knew its availability and could move quickly. We kept a second finalist in play as leverage and managed the move-in: furniture, finishes, cleaning, vendors and building access.
The negotiation
Rent landed below the asking rent and below the landlord’s first counter. Free rent increased beyond the first counter and was front-loaded, cutting first-year cash rent by about a third. Security steps down over time and can be posted as a letter of credit, with a short-term cash bridge so Extend could sign before its new bank issued it.
The result
A full floor in Flatiron with room for 50 to 60 workstations and headroom beyond that, delivered mostly furnished. The team moved in during late June 2026, ahead of the July start.
“Nick and team have been trusted partners for us, helping us find our past 2 leases. I’m confident they’ll take care of you guys too.”
Darren ChowHead of Ops & People, ExtendIn the press
Commercial ObserverAug 7, 2026
Document processing platform Extend signed for an 8,750 SF full floor. Nick Hein represented Extend; Bill Janetschek and Matthew DeRose represented the building’s owner.
Read on Commercial ObserverAfter move-in
Facilities
Nomad Facilities provides facilities management for Extend.
The Nomad team
Nicholas Hein represented Extend. William Janetschek and Matthew DeRose represented the building’s owner.
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