Paramount Building (1927), Times Square, New York City

Paramount Building, 1501 Broadway Times Square New York City, Art Deco tower with globe crown
Paramount Building, 1501 Broadway, Times Square, New York City. Photo via Wikimedia Commons.
New York City, USA · 1927 · NYC Individual Landmark

Paramount Building

The 1927 Art Deco tower at 1501 Broadway, topped by a four-faced clock and a winged golden globe that has been a Times Square navigational landmark for nearly a century, was built for the Paramount Pictures corporation at the height of Hollywood’s golden age and once contained one of the great movie palaces of New York.

At a glance

The Paramount Building at 1501 Broadway occupies a central position in Times Square, rising in a series of Art Deco setbacks to the distinctive crown: a four-faced clock set within an ornamental base, surmounted by a bronze-and-gold celestial globe. The building was completed in 1927 as the New York headquarters of Paramount Famous Lasky Corporation and was designed by the theatrical architecture firm of Rapp & Rapp, who had built dozens of Paramount theaters across North America. The lower floors originally contained the Paramount Theatre, a 3,664-seat picture palace that became one of the most celebrated live-performance venues of the Swing era, hosting Frank Sinatra’s legendary early concert appearances in the 1940s. The theatre has since been subdivided, but the building’s exterior and iconic crown remain New York City Individual Landmarks.

Key facts

  • Location: 1501 Broadway, between 43rd and 44th Streets, Times Square, Manhattan
  • Architects: C.W. Rapp and George L. Rapp (Rapp & Rapp)
  • Completed: 1927
  • Height: Over 400 feet; multi-story Art Deco setback tower
  • Style: Art Deco setback tower with clock and globe crown
  • Status: New York City Individual Landmark; National Register of Historic Places
  • Original tenant: Paramount Famous Lasky Corporation (later Paramount Pictures)

History

In 1926 Paramount was among the most powerful studios in Hollywood, and its need for a New York headquarters befitting that power produced one of Times Square’s most distinctive towers. The firm of C.W. Rapp and George L. Rapp, based in Chicago, had built a national reputation on Paramount theater commissions; their design for the 1501 Broadway building integrated the office tower with the Paramount Theatre in the lower floors — a 3,664-seat movie palace intended as the flagship of the studio’s national exhibition chain.

The Paramount Theatre became as famous for live performances as for films. In the 1940s the theatre hosted Frank Sinatra and Tommy Dorsey in the concerts that established Sinatra’s solo career, drawing crowds that blocked 43rd Street and required police control. The theatre also featured Glenn Miller, Benny Goodman, and other Swing era orchestras in a programming model that mixed films with live performance. By the 1960s changing entertainment patterns had undermined the economics of the large picture palace, and the theatre was eventually subdivided for retail and entertainment use, though the exterior of the building, including the globe crown, was preserved as a landmark.

The building’s most visible element — the illuminated four-faced clock surrounded by a bronze celestial globe — functions as a navigational landmark in Times Square, visible from multiple directions across the Broadway-Seventh Avenue intersection and visible from the length of Broadway from 42nd to 45th Streets.

What you see

The Paramount Building’s principal architectural contribution is its setback crown, which produces a profile unlike any other Times Square tower. The clock, large enough to be legible from the street below, is set within a tiered ornamental base that transitions to the globe through a series of geometric Art Deco steps. The globe itself, gilded and mounted on a ring of wings, catches the light differently at dawn, noon, and dusk, and illuminates at night as part of the Times Square electrical display.

At street level, the Broadway elevation retains its original Art Deco ornamental stonework at the entrance portal. The corner site, at the junction of Broadway and 7th Avenue, gives the building a prominent presence in both directions. The building can be appreciated at its best from the pedestrian plazas at the Father Duffy Square section of Times Square, a few steps north, where the full setback profile from base to globe is visible.

Practical information
  • Access: Office and retail building; exterior and lobby viewing only.
  • Best viewing: From Father Duffy Square or the pedestrian plaza at 43rd-44th Streets, looking south, for the full tower profile including the globe.
  • Time needed: 15 minutes for exterior; combine with the adjacent Times Square pedestrian plazas, TKTS booth, and the Times Square Museum for broader context.
  • Transit: Times Square/42nd Street station (1/2/3/7/N/Q/R/W/A/C/E/S) is immediately adjacent.

Getting there

The Paramount Building is at 1501 Broadway in Times Square, between 43rd and 44th Streets. The Times Square-42nd Street subway station complex (1/2/3, 7, N/Q/R/W, A/C/E/S trains) is directly adjacent; no other location in Manhattan is served by more subway lines. The building is a ten-minute walk from Grand Central Terminal to the east, and a five-minute walk from the Port Authority Bus Terminal to the west.

Nearby

  • One Times Square (1904/1999) — The original New York Times headquarters, now the anchor of the Times Square ball-drop; immediately south at 42nd Street and Broadway.
  • Shubert Alley (1913) — The famous Theatre District passage between 44th and 45th Streets, surrounded by four Broadway houses, one minute north.
  • New Amsterdam Theatre (1903) — Ziegfeld’s restored Art Nouveau masterpiece at 42nd Street, now a Disney musical venue, two minutes south.
  • Rockefeller Center (1930-1939) — The Art Deco complex at 48th-51st Streets, including 30 Rock and Radio City Music Hall, a ten-minute walk north.

Sources

  • New York City Landmarks Preservation Commission. Paramount Building Designation Report. NYC LPC, 1988.
  • Inventing Times Square: Commerce and Culture at the Crossroads of the World. Museum of the City of New York exhibition catalogue, 1991.
  • Leve, James. Kander and Ebb. University of Illinois Press, 2009. (Swing era Times Square context)
  • Gray, Christopher. “Streetscapes: The Paramount Building.” The New York Times, 2001.
  • Wikipedia, “Paramount Building (New York City),” https://en.wikipedia.org/wiki/Paramount_Building_(New_York_City).

Hero image: Paramount Building, 1501 Broadway, Times Square, Wikimedia Commons. Editorial text © Cultural Heritage Online, 2026.

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