Sigma Computing has committed to leasing space at Zero Irving, a 21-story technology hub under construction at 124 East 14th Street in Union Square. Designed by Davis Brody Bond and developed by RAL Development and Junius Real Estate Partners, the building will offer a mix of space for affordable and market-rate offices, tech incubators, co-working suites, and training centers.
“We are excited to welcome Sigma into the building, a company that perfectly fits Zero Irving’s vibrant ecosystem, one designed to elevate and advance business entrepreneurship within the tech sector,” said Josh Wein, managing director at RAL. “The Zero Irving vision looks into the future, providing an environment that embraces flexibility and adaptability as well as high-end technology and state-of-the-art finishes and amenities.”
Represented by Newmark in the lease transaction, Sigma’s office will occupy 15,500 square feet on the building’s ninth floor. Additional tenants include Melio, a leading B2B payments platform for small businesses, which inked a 25,000-square-foot, two-floor office space last year.
Rendering Zero Irving at 124 East 14th Street, Courtesy of Davis Brody Bond
Entry at Zero Irving Roof Terrace at Zero Irving (Courtesy of Davis Brody Bond)
The 21-story building features a glass and metal façade with a large setback above the 13th floor that supports an open-air terrace. The top 14 floors offer market-rate office space, while the lower floors contain affordable office space for small companies, a triple-level training center, a tech incubator, co-working spaces, an event space, and a 10,000-square-foot food hall managed by Urbanspace. The entire structure spans 176,000 square feet.
“Due to its forward-thinking design, Zero Irving has been positioned to cater to innovative companies from a variety of industries,” said Benjamin Bass, executive managing director of JLL, the brokerage in charge of leasing and marketing at Zero Irving. “Beyond Union Square’s outstanding amenity and transit alternatives, Zero Irving provides efficient floor plates, superb design, the latest in technology and connectivity, as well as attention to sustainable and green building technology.”
Roof Terrace at Zero Irving (Courtesy of Davis Brody Bond)
Construction topped out in September 2020, and exterior work is now nearing completion. The building will most likely be completed by the end of the year.
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End of the year? It’d be nice if we could get the full sidewalk on 14th Street back sooner. The shed and pedestrian space around this building are really too narrow given the pedestrian volumes here lately.