Excerpt: 

Nearly 50 employees were laid off as a result of those moves. Separately, the Camera laid off nine employees earlier this year in response to challenges within the newspaper industry, namely the decline of classified advertising sales.

“Now we have 77,000 square feet of space we really don’t have a need for,” Manzi said.

Freeman guessed that the building could fetch $150 to $200 per square-foot — putting a ballpark purchase price around $12 million to $15 million. 

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