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Paramount Building Signs Leases with Four Tenants

The Art Deco Midtown Manhattan office recently rented out 72,000 square feet.

1501 Broadway lobby/ Image provided by Avison Young

NEW YORK CITY—The Paramount Building, a landmarked property constructed in 1926 which once was the headquarters of Paramount Pictures in Midtown Manhattan, recently signed four leases. Located at 1501 Broadway, between 43rd and 44th streets, the grand, Art Deco structure stands in the heart of the Theater District and Times Square.

The tenants will occupy approximately 72,000 square feet in the 32-story, 686,603 square-foot tower that’s owned by Paramount Leasehold, a partnership of Levin Properties, the estate of Arthur G. Cohen and other investors. The building description was available on PropertyShark.

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Betsy Kim

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.

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