NEW YORK CITY-Avison Young has been tapped to take over the leasing assignment for 1501 Broadway, also known as the Paramount Building. The 700,000-square-foot office tower in Times Square earlier housed Hollywood’s Paramount Pictures.

Levin Properties owns the 31-story tower together with other investors. Arthur Mirante, New York president of Avison Young, will lead the team of brokers to fine tenants for 1501 Broadway. Nearly Roughly 220,000 square feet of space is available for lease. For the full story, go to Crain’s New York Business . News Hub is your link to relevant real estate and business stories from other local, regional and national publications.