From left: 48 East 50th Street, map of East Side Access project

The Metropolitan Transportation Authority bought the first of four
adjacent Midtown commercial buildings that will ultimately be demolished to make way for the development of a 60-foot ventilation structure that is part of the East Side Access project. The MTA paid $9.25 million for the vacant, 8,748-square-foot, five-story building at 48 East 50th Street, going into contract and then closing May 29, city property records published today indicate.
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