Hidrock Realty and Assurant Inc. have acquired the 12-story commercial building at 53 West 36th Street, between Fifth and Sixth Avenues, for $29.58 million from Madison Warehouse Corporation. The 72,000 sq ft building is near Herald Square and in the center of the “transit triangle” of Penn Station, Grand Central Terminal, and the Port Authority.

At the Americas Lodging Investment Summit (ALIS) awards presentations today, executives and companies responsible for the most influential hotel industry deals in 2016 were honored with prestigious ALIS awards.