Paramount has owned the building since buying it from a JMB Realty partnership in 1999 for $164.8 million. Three years later, it sold a minority stake to ING Office Fund, only to buy it back in ...
Sumner Redstone guided Viacom in its 1999 acquisition of CBS, following his purchase of Paramount in 1994. In essence, Sumner built much of the Paramount Global that exists today, and his daughter ...