Leases  ·  Office

Online Media Production Company Zazoom Expanding at 55 Bway


Internet video-maker Zazoom Media Group has signed an eight-year, 10,577-square-foot lease at Harbor Group International’s 55 Broadway.

Zazoom, which produces short videos distributed through partners such as Microsoft, AOL and Dailymotion, moved into a 5,000-square-foot office sublease on the eighth floor in the building between Morris Street and Exchange Alley about two years ago, as Commercial Observer reported at the time.

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The new deal is a direct lease and will give Zazoom the entire eighth floor. The asking rent was $55 per square foot, The Wall Street Journal first reported.

“The Harbor Group’s recent investment in building renovations, combined with [Zazoom’s] desire for a full-floor presence, made 55 Broadway the perfect fit,” Colliers International’s Steve Chasanoff, who represented Zazoom in the transaction, said in prepared remarks.

The landlord recently completed a renovation of the building, which included a new lobby, and upgrades to elevators and retail space.

Jonathan Cope of CBRE, who represented Harbor Group International, did not immediately respond to a request for comment via a spokeswoman.

Former WNBC reporters Tim Minton and Jay DeDapper launched Zazoom in 2011. The company has since raised $2.2 million in funding, according to CrunchBase.  

Harbor Group International purchased the building for $157 million from Broad Street Development in 2014, according to city records.