Apr 25, 2022

Q1 2022 Market Report

The Q1 2022 Market Report provides an economic snapshot of the district from January through March 2022.

Flatiron saw NYC's largest office lease of the quarter with IBM's investment at One Madison. Commercial office leasing volumes doubled compared to Q4 2021 and availability rates decreased, a first since the pandemic started. Midtown South, which includes Flatiron & NoMad, saw average asking rates surpass Midtown's for the first time.

30 new ground floor retail leases were signed this quarter with the majority in the food and beverage category. 

Read the full Q1 2022 Market Report

Apr 11, 2022

Q1 2022 Flatiron Pedestrian Report

The Partnership collects pedestrian counts on the Flatiron Public Plazas via three cameras that anonymously tally the number of people passing through. Our latest report summarizes data from January 1st through March 31st.

Jan 25, 2022

Q4 2021 Market Report

The Q4 2021 Market Report provides an economic snapshot of the district from October through December 2021. 

NYC had its highest commercial leasing volume in two years in Q4. Flatiron and NoMad gained strength with 58 new lease signings, commercial availability rates remained at 22% for the third consecutive quarter, and full-time office employees returned in larger numbers with a 40% increase over Q3.

Other promising signs included increased foot traffic, major lease signings, and four prominent buildings changed hands including office buildings and hotels.

Read the full Q4 2021 Market Report. 

Jan 10, 2022

Q4 2021 Flatiron Pedestrian Report

 The Partnership collects pedestrian counts on the Flatiron Public Plazas via three cameras that anonymously tally the number of people passing through. Our latest report summarizes data from October 1st through December 31st. 

In Q4 2021, the Flatiron Public Plazas welcomed 50% more pedestrian traffic over last quarter with nearly 60K people per day. Plaza volumes increased 90% from Q4 2020 and rebounded to near pre-pandemic levels due in part to numerous special events.


>>>Q4 2021 Pedestrian Report 
Jan 3, 2022

2022 Community Survey

The Flatiron Partnership hosts a community survey each year to evaluate our work and help identify the community's priorities for Flatiron & NoMad. Questions focus on services we provide including sanitation, public safety, homeless outreach, community programming, district marketing, and greening/horticulture.

Please take 5-10 minutes to complete the survey below. Your feedback will inform how we can be most helpful and prioritize for the year to come. As neighbors, we are here to listen.

As a thank you, we will randomly select four respondents who complete the survey to receive a $100 gift card to MARTA, Milu, SUGARFISH, or The Churchill Tavern.

>>>Flatiron Partnership Annual Survey 2022

Oct 25, 2021

Q3 2021 Flatiron Market Report

The Q3 2021 Market Report provides an economic snapshot of the district from July through September 2021. Flatiron & NoMad's commercial availability rates stabilized at 22% and sublet space decreased for the first time this year. 67 new commercial office leases were signed totaling 477,000 SF which mirrors pre-pandemic levels for the second consecutive quarter. 30% of full-time employees returned to the office at quarter's end, a 22% increase from August. 

This quarter also welcomed changes to Broadway's public realm. In addition to new businesses opening along the corridor, the Flatiron Slow Street (Broadway from 21st - 23rd Streets) expands pedestrian space and calms traffic through the heart of the neighborhood and the Partnership's NoMad Piazza Pop-Up (Broadway from 25th - 27th Streets) removed vehicular traffic to provide a new public space. 

Read the full Q3 2021 Market Report

Oct 15, 2021

Q3 2021 Pedestrian Activity Report (July - September)

The Partnership collects pedestrian counts on the Flatiron Public Plazas via three cameras that anonymously tally the number of people passing through. Our latest report summarizes counts from July 1, 2021 through September 30, 2021.

In Q3, the Flatiron Public Plazas welcomed over 3.3 million visitors averaging 35,909 pedestrian movements each day. September marked the highest daily average since the start of the pandemic in March 2020 (39,789 per day) -- 59% higher than September 2020. 

Click here for the Q3 2021 Pedestrian Report.

Photo: Josh Callghan, Social Block, 2021. Courtesy of the artist & Night Gallery, Los Angeles. Photography by Nik Massey

Jul 20, 2021

Q2 2021 Flatiron Market Report

The Q2 2021 Market Report provides an economic snapshot of the district from April through June 2021. Flatiron and NoMad’s commercial office leasing increased 33% mirroring pre-pandemic volumes seen in Q1 2020. Availability rates increased due in large part to two new large office developments entering the market including 23 West 20th Street and The Textile Building (295 Fifth Avenue). 

Ground floor retail leasing continued to increase with most signings occurring along Broadway between 25th and 31st Streets near major office, hotel, and residential developments. New tenants including Harry Potter New York, The FRIENDS Experience, and Dominique Ansel Bakery helped increase activity in the district. Additionally, pedestrian volumes were up 80% by the end of June compared with June 2020.

Read the full Q2 2021 Market Report

q2 2021 development map

Jul 6, 2021

Q2 2021 Flatiron Pedestrian Report

The Partnership collects pedestrian counts on the Flatiron Public Plazas via three cameras that anonymously tally the number of people passing through. The Q2 2021 Pedestrian Report summarizes counts from April 1 through June 30, 2021.

q2 2021 daily counts

In Q2, daily foot traffic was 37% higher than last quarter, marking an additional 9,494 pedestrian movements in the heart of the district per day. The plazas are now operating at 63% of pre-pandemic pedestrian volumes.

Click here for the Q2 2021 Pedestrian Report.

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