NormanAI

NYC tech tenant deal intelligence

NYC VENTURE-BACKED LEASE INTELLIGENCE

79 Tech Leases Tracked

Feb 2024 – Apr 2026 · Proprietary deal data
Last Updated
Apr 2026
Total Deals
Total RSF
Median NER
Median Free Rent
Median TI $/SF
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
Per deal, full term
Total Year 1 Rent
Avg Funding Raised
Unique Tenants
Median Term
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

    Add New Comp

    All fields required except notes
    Property
    Deal Terms
    Company
    Advanced

    Data-Led Cold Email Generator

    Pull real benchmarks from your comps to write outreach

    Investor Overlap Finder

    Find portfolio companies and co-investor patterns

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