Hidrock buys Garment District building for $58M

Hidrock Realty bought the Mary McFadden Building at 240 West 35th Street for $58 million. The 17-story office building has 161,588 square feet, including three street-level retail spaces, and is fully leased. The building, built in 1924 between Seventh and Eighth avenues, is named for fashion designer Mary McFadden, who was the lead tenant in the building after it was renovated 20 years ago. Capin & Associates represented Hidrock and the seller, Eretz Group. TRD