It is an iconic building in Journalism, but it appears that it will now be sold off.

Now that Viacom and CBS are merged back together, the company says it decided to sell off the fabled headquarters building of CBS known as “Black Rock.”

“Black Rock is not an asset we need to own and we believe that money would be put to better use elsewhere,” said Viacom CEO Bob Bakish.

The building, designed in 1965 by Eeero Saarinen, cuts a distinctive figure at the corner of Sixth Avenue and 52nd Street. It has been the corporate headquarters of CBS for decades, playing host to board meetings and many pivotal strategic moments in the 92-year-old company’s history.

H/T Deadline