From the August issue Despite rising slowly in fits and starts on West 47th Street in the Diamond District, Gary Barnett’s 34-story International Gem Tower is set to spark the most profound real estate changes in a generation along the famously insular strip. The planned tower at 50 West 47th Street has just three basement floors constructed and a projected completion date in 2012, but it has contracts or purchase commitments for a total of about 150,000 of the 200,000 square feet Barnett’s Extell Development Company needs to secure construction financing. [more]
Extell’s diamond battle
August 16, 2010 10:30AM
By Adam Pincus


