Also known as “Silicon Alley,” the Flatiron District is one of the most business-friendly neighborhoods to young companies in Manhattan. One of the reasons for the large influx of tech and media companies is the unique loft- style buildings the area offers. Many feature smaller floor plates with high ceilings and an abundance of natural light, perfect for open office concepts. It is not uncommon for a 5,000 square foot tenant to occupy their own floor, which would not be possible in other parts of the city.
In addition to business-friendly conditions and gorgeous architecture, Flatiron boasts a vibrant social scene. People flock to Madison Square Park by day and popular neighborhood haunts like Rye Bar, Flatiron Lounge, and the lower level of Beecher’s by night.
Renters can expect to pay an average of $65/sqft for Flatiron office space. Noteworthy companies calling Flatiron home include AppNexus, Yext, General Assembly, Tumblr, and BodyLabs.