Tuesday, December 28, 2021

ICYMI: Zero Irving signs up first tenant

An announcement from earlier this month... Melio, a "B2B payments platform for small businesses," is the first tenant for Zero Irving (formerly the Union Square Tech Training Center, 14 @ Irving and tech hub) on 14th Street. 

According to various published reports and a news release, Melio leased 25,000 square feet of office space across the 15th and 16th floors for use as its global HQ. The company, said to be valued at $4 billion, is relocating here from a WeWorks property on West 18th Street.

The building, developed jointly by the city's Economic Development Corp. and RAL Development Services, will feature 14 floors of market-rate office space as well as "a technology training center and incubator, co-working spaces and state-of-the-art event space ... on the seven floors beneath," per the Zero Irving websiteUrbanspace will operate a food hall on the ground level.

Long contested by local preservationists and community groups, the new building sits on the former site of a P.C. Richard & Son on city-owned property.

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