New York office search·Prepared by Nomad Group·November 2026
Four LOIs. One building to grow into.
01 · The lead option
Three floors in Chelsea, with room to grow into
The premises
02 · The 11th floor
Sublet the floor you don’t need yet
Sublet rent case
$70$85 per RSF
None4 months
1 year4 years
Feb 2027Feb 2030
The 11th floor, month by month
Sublet rent in, less Pensar’s rent on the 11thBehindAhead
What Pensar pays each month
Rent on all three floorsNet of sublet rentPensar’s free monthsSublet in place
03 · The other three
What else is on the table
04 · Where tech is signing
The company you’d keep
Every tech and AI office deal from slide 03 of our Who We Move deck, January 2016 to October 2026, mapped around each address with the subway on top. Logos are sized by square footage. Rings show a 5 and 10 minute walk.
Basemap © OpenStreetMap contributors · Subway: MTA · PATH: Port Authority
Also within ten minutes
Subway at the door
05 · Getting there
Four different commutes
Walk times run from each lobby to the nearest open station entrance at 3 mph along streets and avenues, and are estimates. Station entrances: MTA open data. PATH: Port Authority.
06 · Side by side
The four LOIs, term by term
Two subleases with fixed end dates and two direct leases with longer runs. Commencement is assumed February 1, 2027 for all four: a later delivery moves the direct leases’ dates and shortens the two subleases.
Each term, from commencement to expiration
07 · Projections
What each LOI costs over its term
Base rent by lease year from a February 1, 2027 commencement, with free months where each LOI puts them. Pick a space for its full schedule.