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NEW YORK CITY — A joint venture between Manhattan, New York City-based Hidrock Realty and Meritage Properties has acquired the Mary McFadden Building, a 17-story, 162,000-square-foot office tower located at 240 W. 35th St. in New York City. The property is fully occupied by a roster of approximately 40 tenants, including Doubledown Media, First Funds and A Better Chance. The purchase marks Hidrock’s fourth acquisition in the Herald Square/Penn Station submarket. Acquisition financing was provided by HSH Nordbank, with Holliday Fenoglio Fowler serving as the financing broker. Hidrock will provide property management and leasing services for the tower. The seller and sale price were not disclosed.