Paramount Plaza occupies a site bounded by Broadway to the east, 51st Street to the north, and 50th Street to the south.
| FactSnippet No. 1,162,525 |
10 Facts About Paramount Plaza
2.
The building went into foreclosure in May 1974, just two years after it was completed, and the Paramount Plaza Group bought a majority ownership stake in the building in 1976.
| FactSnippet No. 1,162,526 |
3.
Paramount Plaza is on 1633 Broadway, near Times Square, in the Theater District of Midtown Manhattan in New York City.
| FactSnippet No. 1,162,527 |
4.
Paramount Plaza, originally known as the Uris Building, was developed by the Uris Buildings Corporation and designed by Emery Roth.
| FactSnippet No. 1,162,528 |
5.
Paramount Plaza has two Broadway theaters: the Gershwin Theatre on the second floor and the smaller Circle in the Square Theatre in the basement.
| FactSnippet No. 1,162,529 |
6.
Paramount Plaza has two Broadway theaters: the Gershwin Theatre and the Circle in the Square Theatre.
| FactSnippet No. 1,162,530 |
7.
Paramount Plaza Group hired a consultant in late 1995 to study uses for the building's retail spaces.
| FactSnippet No. 1,162,531 |
8.
Paramount Plaza increased its ownership stake from 51 to 75 percent, with Beacon owning the remaining 25 percent.
| FactSnippet No. 1,162,532 |
9.
Paramount Plaza then marketed a partial ownership stake in the building.
| FactSnippet No. 1,162,533 |
10.
Paramount Plaza continued to own the structure in partnership with Beacon until 2015, when Paramount Plaza bought Beacon's 25 percent stake for $478.
| FactSnippet No. 1,162,534 |