The Paramount Theatre was a 3,664-seat movie palace located at 43rd Street and Broadway on Times Square in Midtown Manhattan, New York City. Opened in 1926, it was a showcase theatre and the New York headquarters of Paramount Pictures. Adolph Zukor, founder of Paramount predecessor Famous Players Film Company, maintained an office in the building until his death in 1976. The Paramount Theatre eventually became a popular live performance venue. The theater was closed in 1964 and its space converted to office and retail use. The tower which housed it, known as the Paramount Building at 1501 Broadway, is in commercial use as an office building and is still home to Paramount Pictures offices.

1501 Broadway, also known as the Paramount Building, is a 33-story office building on Times Square between West 43rd and 44th Streets in the Theater District neighborhood of Manhattan in New York City. Designed by Rapp and Rapp, it was erected from 1925 to 1927 as the headquarters of Paramount Pictures. The building is designed in the Art Deco and Beaux-Arts styles. The office wing on Times Square contains numerous setbacks as mandated by the 1916 Zoning Resolution, while the rear wing housed the Paramount Theatre from 1926 to 1967. Newmark & Company owns 1501 Broadway.