END OF ERA: Black Rock Sold for $760 Million

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ViacomCBS announced Monday plans to sell Black Rock, the famed midtown Manhattan headquarters building for CBS, to the privately owned real estate firm Harbor Group International for $760 million.

The network, which has occupied the 38-story, 491-foot-tall building since it opened in 1964, plans to lease back its space on a short-term basis. The transaction is expected to close before the end of the year.

The tower was the only skyscraper designed by the renowned architect Eero Saarinen, whose other works include Lincoln Center Theater and the Gateway Arch in St. Louis.

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