JLL has completed the leasing of Zero Irving, a newly constructed mixed-use building at 124 E. 14th St. in Manhattan’s Union Square neighborhood, securing a full-floor, 130,000-square-foot 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 25,000-square-foot office tower to full occupancy less than two years after the 21-story building was completed. Zero Irving was developed by RAL Development Services and JRE Partners (successor to Junius Real Estate Partners) in response to a competitive bidding process by the New York City Economic Development Corporation.
Vice Chairman Mitchell Konsker, Managing Directors Benjamin Bass and Dan Turkewitz, and Senior Vice Presidents Kristen Morgan and Carlee Palmer of JLL represented the owners in the lease with Senator. The tenant was represented by Ben Friedland, Silvio Petrillo and Joseph D’Apice of CBRE.
“Zero Irving’s bold vision for dynamic, modern office space has resulted in incredible leasing success,” said Bass. “Thanks to the owner’s vision, commitment and execution, the project is 100% occupied and has a fantastic tenant roster.”
