CBS' Eero Saarinen-designed headquarters building, known as Black Rock, stands tall among urban mid-20th century architecture.
that it would part with the historic CBS office building, but the COVID-19 pandemic complicated its sales process, according to knowledgeable people who were not authorized to comment.. The company’s brass expressed a preference for Viacom’s leased Times Square headquarters, which boasts sweeping views of the Hudson River.
The move comes three years after CBS sold its longtime 25-acre Los Angeles studio complex known as Television City to real estate developer Hackman Capital Partners for $750 million. Proceeds fromwent toward content creation as CBS sought to segue into the streaming space and compete with Netflix, Disney+ and Hulu.
ViacomCBS also is looking to generate revenue by selling another trophy — book publishing house Simon & Schuster. Late last year, ViacomCBS announced an agreement with Bertelsmann, the parent company of
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