Monday 24 February 2020

The price is right? CBS asking more than $1B for Sixth Ave HQ

CBS is looking to get north of $1 billion for its Eero Saarinen-designed headquarters building on Sixth Avenue, aptly nicknamed Black Rock. The broadcaster, which merged with Viacom late last year in a $25 billion deal, announced in December that the company would look to sell the 52-story black granite skyscraper at 51 West 52nd Street, but pricing expectations were not known at the time. The marketing process for the tower recently kicked off, sources



source https://therealdeal.com/2020/02/24/the-price-is-right-cbs-asking-more-than-1b-for-sixth-ave-hq/

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