 However, three years later, Robert W. Dumm bought an 80 percent stake in the station for just $97,500.Under Dumm, KROY moved its studios to 11th and J streets (1010 11th Street) in 1956.In June 1959, John T. Carey bought KROY and an associated FM construction permit for 102.5 MHz, which would never be built, for $390,000.