Lease Beat

Video Advertisers Expand Big in Times Square Move

1501 Broadway

Video advertising agency Tremor Video will more than triple its headquarters next year through a 50,965-square-foot lease at the Paramount Building at 1501 Broadway in Times Square, Avison Young announced yesterday.

The digital advertising firm, which boasted a nearly 31 percent jump in revenue over the past year, according to its website, will relocate from a 16,000-square-foot space at 53 West 23rd Street in Midtown South and eventually occupy the entire eighth floor of the building once known for being the home of the motion picture company bearing its name, Avison officials said. Read More