Q3 2024 Economic Report

The Q3 2024 Economic Report offers a snapshot of the economic health of our district; we discuss the state of our ground floor retail, major lease signings, and return to office rates.

Some Q3 2024 Economic Report highlights:

• IBM and Chelsea Piers opened at One Madison, bringing the building to 100% retail occupancy.
• In Q3 the District saw a 53% year-over-year increase in Class A and B leased SF.
• September return-to-office numbers were the highest of the year so far, with an average of 59,126 daily office workers coming to the District Monday through Friday.

Broadway Vision Completes Latest Phase in District

In early September Flatiron NoMad Partnership in collaboration with NYC Department of Transportation (DOT) announced the completion of the latest phase of the city’s transformative redesign of Broadway.

“This extension builds on over a decade of innovation, transforming Broadway into a safer, more vibrant corridor. We are proud to be setting the gold standard for what a ‘New’ New York can be with our NYC DOT and BID partners,” says James Mettham, President of the Flatiron NoMad Partnership.

Read the full press release, here.

Midtown South Mixed-Use Plan MSMX Info Session

The Midtown South Mixed-Use Plan (MSMX) seeks to foster vibrant, 24/7 mixed-use neighborhoods across 42 blocks of Midtown South.

Community members are encouraged to join a MSMX Info Session next Wednesday, October 30th at 6:30 pm via Zoom to get involved and help shape the future of Midtown South. Register here.

For more information and updates on the plan’s status, please visit here.

Q3 Neighborhood News

Major features from Q3 highlight neighborhood lease signings, commercial developments, and business openings.

August News

September News

Explore our Business-Owner Portal

We’re a local business resource. We’re here to amplify your message, connect you with other entrepreneurs, and showcase your business on our digital channels and IRL. Sign up to connect with us, promote your events, and offer deals to neighborhood locals and visitors.

Our quarterly Flatiron & NoMad economic snapshot is generously sponsored by Williams Equities