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New York City's 47-story Tower III to open 2nd quarter of 2011

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Another resurrected project is going up in New York after a deal was struck between developers and unions. The project, known as Tower III is a 47 story 337 unit residential rental with 40,000 square feet of retail and office space on the first 3 floors.  
The building has an address of 885 Sixth Avenue and is on the southeast corner of the Avenue of the Americas and 32nd Street overlooking Greeley and Herald Squares.  The building will have views to the northeast of the famous Empire State Building in Midtown Manhattan.  
It is being built by Atlantic Realty Development and designed by Costas Kondylis.

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