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The folks at Clarion Partners may be ready to sink their sorrows in a Thanksgiving turkey after selling an office building for less than half of what they paid to acquire it. Clarion sold 114 West 41st Street near Bryant Park for $133 million, the Commercial Observer reported. The buyer was a trio of firms: AM Management, Eyn Holding and Axonic Capital. The deal for the 350,000-square-foot building — which closed on Tuesday night — breaks down to $380 per square foot. That’s a 53 percent discount from the $282 million — and $800 per square foot — Clarion doled […]

This article originally appeared on The Real Deal. Click here to read the full story.

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