NormanAI

NYC VENTURE-BACKED LEASE INTELLIGENCE

79 Tech Leases Tracked

Feb 2024 – Apr 2026 · Proprietary deal data

Last Updated

Apr 2026

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Total Deals

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Total RSF

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Median NER

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Median Free Rent

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Median TI $/SF

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Median L2LR %

Benchmarks by Funding Stage

Median values across all tracked deals

Stage	Deals	Med. NER	Med. Free Rent	Med. TI $/SF	Med. L2LR	Med. Term	Med. RSF

Avg Projected Lease Value

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Per deal, full term

Total Year 1 Rent

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Avg Funding Raised

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Unique Tenants

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Median Term

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years

Avg $/RSF by Submarket

Weighted by SF

Deal Volume by Quarter

Square feet signed

Deal Type Mix

Share of count

Top Investors (by deal count)

NER per Seat by Funding Stage

(NER Annuity × RSF) / Implied Headcount — High, Median, Low

RSF per Employee by Submarket

Space efficiency — lower = denser

Lease-to-Latest-Round % by Funding Stage

Median L2LR with P25–P75 range — minimum 3 comps per stage

Funding Velocity

Months between rounds — median by stage

Signed	Tenant	Funding	HQ	Raised	Building	Neighborhood	Cond	RSF	$/RSF	NER @ 6%	Simple Eff	Avg Rate	Year 1 Rent	Proj Lease Value	$/Seat	Headcount	Term	Free Rent	TI	Delivery	R2R %	L2LR %	L2TF %	Type

Status	Address	Submarket	Floor / Suite	RSF	Asking $/RSF	Type	Prebuilt	Available	Landlord	Listing Rep

Status	Priority	Tenant	Funding Round	Req RSF	Req Submarkets	Move Date	ICP	Primary Contact	Rep Broker

$/SF

lowhigh

Circle size = square feet

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Property Tenant Building/Address Neighborhood Floor(s) RSF Condition

Deal Terms Starting Rent $/RSF Year 1 Rent Escalated Rent Term Term Years Free Rent TI Allowance Deal Type Date Signed

Company HQ City Founded Funding Round Latest Round Date Latest Round Amt $M Total Funding $M Top 5 Investors

Advanced

Latitude Longitude Floor Density

Notes

Data-Led Cold Email Generator

Pull real benchmarks from your comps to write outreach

Prospect Company Contact First Name Their Funding Stage Their Lead Investor(s) Their Headcount (est.) Req RSF (optional — matches availabilities) Req Submarkets (optional, comma-separated) Budget Ceiling $/RSF (optional) Your Name Your Title

Subject: —

Select a funding stage and click Generate

Investor Overlap Finder

Find portfolio companies and co-investor patterns

Investor Name

Enter an investor name to see their portfolio deals and co-investors