7 World Trade Center opened in May 2006.
NEW YORK CITY—The fastest growing wedding company in the country is moving its headquarters to 30,000 square feet on the 39th floor at 7 World Trade Center. Zola signed an 11-year lease with Silverstein Properties with an asking rent of $80 per square foot.
Zola is moving from 150 Broadway into its new offices where they will have the opportunity to build a showroom. This space will provide an in-person experience, connected to the company's online wedding planning tools and registry. Only five years old, Zola has raised over $140 million in venture capital.
“We've tripled our headcount in the past two years and we needed to find a building that could accommodate our fast growth and big vision for the future,” said Shan-Lyn Ma, CEO and co-founder of Zola.
“I've often said that the most important decision you can make in your life is to marry the right person. The right one enables you to do anything you want to do with your life because you do it together. You do it as partners,” says Larry Silverstein, chairman of Silverstein Properties. “In real estate, the most important decision a company can make is to choose the right location. I'm thrilled to welcome Zola to 7 World Trade Center, a building that is also our home. We look forward to many years of happiness together!”
Designed by David Childs of Skidmore, Owings & Merrill, 7 World Trade Center opened in May 2006. Silverstein Properties has been in the building for the past 12 years. Other tenants include BMI, the New York Academy of Sciences, Fast Company and Inc. magazines.
In the most recent lease, Jeremy Moss, director of World Trade Center leasing for Silverstein Properties, led the negotiations for the landlord, along with VP Camille McGratty. They were assisted by the CBRE team of Mary Ann Tighe, Steven Siegel, Adam Foster, Steve Eynon, Evan Haskell, David Caperna, Ken Meyerson and Rob Hill. Colliers International's Marcus Rayner and Sam Einhorn represented Zola. The tenant also hired HLW to design its space.
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Betsy Kim
Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.
