Office space in
Nomad.
One of Manhattan’s 31 office submarkets — advised by DLS Commercial Real Estate, tenant-side, lease by lease.
NoMad — North of Madison Square Park — is one of Midtown South’s hottest office markets, the prewar loft blocks around Broadway and Fifth Avenue between roughly 25th and 34th Streets. Its character, hotels, and central location draw technology, creative, and financial tenants. DLS Commercial Real Estate advises tenants here, tenant-side, lease by lease.
At a glance
Character
The blocks north of Madison Square Park around Broadway, Fifth, and Madison — ornate prewar towers, design hotels, and a fast-rising office scene bridging the Flatiron and the Empire State Building.
Typical tenant
Technology, creative, and media firms alongside financial and professional tenants — occupiers that favor loft character, central transit, and a polished Midtown South address.
Building stock
Ornate prewar loft and office towers — high ceilings, strong light, characterful floorplates — increasingly upgraded through boutique repositioning. Prime space is competitive.
Rent posture
A strong Midtown South market: prime loft space leads the local range, with the broader district near the Midtown South average. (Current market data, Q1 2026.)
A DLS datapoint
Illustrative — DLS stamps one original, first-hand figure here (e.g. the premium measured for repositioned loft space across recent NoMad tours).
Deal footprint
Illustrative — an anonymized DLS engagement in the district goes here (e.g. a technology tenant’s relocation into repositioned loft space on improved terms).
Office inventory
8,179,868 SF of office space across 78 office buildings — 43 of them 50,000 SF or larger, averaging a 1918 vintage.
Small (<50k)
35 buildings, 950,967 SF total, averaging a 1910 vintage.
The floor of the market — single-tenant or partial-floor space.
Mid-Size (50k-150k)
29 buildings, 2,509,519 SF total, averaging a 1913 vintage.
Room to grow — typically several floors for one tenant.
Large (150k-500k)
11 buildings, 2,550,025 SF total, averaging a 1926 vintage.
Anchor scale — often most or all of a building.
Trophy (>=500k)
3 buildings, 2,169,357 SF total, averaging a 1937 vintage.
Headquarters scale — the market's largest occupiers.
Source: NYC Department of City Planning, MapPLUTO (fetched July 2026) — counting only true office buildings: 10,000 SF of office or more, office above grade (not a ground-floor office under apartments), purpose-built or converted loft/office-condo stock. Spatially joined to DLS’s 31 mapped submarkets.
Where rents sit
Asking rent, $/SF · Current market data, Q1 2026 — shown as a range reflecting a spread across sources.
Questions
What is the office market like in Nomad?
NoMad is a sought-after Midtown South office market north of Madison Square Park — prewar loft towers around Broadway and Fifth, leased by technology, creative, and financial tenants. DLS Commercial Real Estate represents tenants here, negotiating loft space, character, and terms in a competitive market.
Does DLS represent tenants in Nomad?
Yes. DLS Commercial Real Estate advises office tenants across Nomad and Manhattan's other office submarkets — the tenant's interests only, with a fee customarily paid by the landlord.