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The owners of the 18-story, 400,000-squqare-foot office building have hired CBRE Group brokers Darcy Stacom and William Shanahan to market the property located on the corner of West 35th Street. Paramount holds the controlling stake in the property. Paramount and Sherwood acquired the building in 2008 for about $160 million.</p> <p xmlns:i=\"incisive-repository\" xmlns=\"http://www.w3.org/1999/xhtml\">Earlier this month, Sherwood sold vacant land near the West Side rail yards for a considerable profit, according to Crain's New York Business. Sherwood purchased the site from Barclays Bank two years ago for more than $40 million. Last week, Sherwood arranged to sell the land to Frank McCourt, the former owner of the Los Angeles Dodgers, for $167 million. See story in <strong><a href=\"http://www.crainsnewyork.com/article/20130905/REAL_ESTATE/130909952\" target=\"_blank\">Crain's New York Business</a></strong>.</p>"],"slides":[],"video":null},"youmightlike":null,"readnext":{"contents":[{"uri":"/2025/07/10/florida-ends-tax-on-commercial-rent-bringing-relief-to-tenants/","title":"Florida Ends Tax on Commercial Rent, Bringing Relief to Tenants","byline":"Anthony Russo","summary":"The removal of the tax will increase the state's competitive advantage and lure more folks to Florida. 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