The Paramount Building is a 33 story, 391 foot tall office building located between 43rd and 44th Street in Times Square. It was envisioned Paramount Pictures' flagship theater and office tower.
After Samhain was released from an Irish relic, he flew past the Paramount Building. The clock face was transmogrified into an actual face that kept saying, "Bong" over and over. Once Samhain was trapped by the Ghostbusters, everything reverted back to normal. The Paramount's clock immediately reverted back to its normal state.