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Investment Firm’s Relocation Brings Zero Irving to Full Occupancy
JLL completed the lease-up of Zero Irving, a newly developed mixed-use building at 124 E. 14th St. in Manhattan’s Union Square neighborhood, securing a 12,455-square-foot, full-floor lease with Senator Investment Group, an investment firm founded in 2008. Senator will relocate from 510 Madison Ave. in the first quarter of 2025.
The transaction brings the 270,000-square-foot office tower to full occupancy less than two years after completion of the 21-story property. Zero Irving was developed by RAL Development Services and JRE Partners (successor to Junius Real Estate Partners) in response to a New York City Economic Development Corporation competitive RFP process.
Vice chairman Mitchell Konsker, executive managing directors Benjamin Bass and Dan Turkewitz and SVPs Kristen Morgan and Carlee Palmer of JLL represented ownership in the lease with Senator. The tenant was represented by Ben Friedland, Silvio Petrillo and Joseph D’Apice from CBRE.
“Zero Irving’s bold vision for dynamic, contemporary office space has led to incredible leasing success,” said Bass. “Ownership’s foresight, commitment and execution has brought the project to 100% occupancy with a fantastic tenant roster.”
- ◦Lease
