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.

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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.

www.thewrap.com/cbs-sells-black-rock-headquarters-760-million/

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