November 27, 2018
The New York Economic Development Corporation (NYCEDC) has filed permits to construct a 22-floor tech hub at 114 East 14th Street near Union Square, CityRealty reports. Officially known as the Union Square Tech Training Center, the 254,000-square-foot, $250 million, facility has big plans to ramp up NYC's high-tech firepower: In addition to affordable office space for startups, market-rate office space for tech companies, and a retail and market area run by Urbanspace, the nonprofit Civic Hall will be running a new digital skills training center at the midblock site once occupied by a PC Richard & Son electronics store.
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