Monogram

Just northeast of Grand Central Terminal at 141 East 47th Street, Brooklyn-based New Empire Real Estate (NERE) is moving ahead with plans to build a svelte 49-story condominium tower. New building permits were filed yesterday, an updated rendering has been released, and removal of the site's low-slung structures has commenced. NERE's skyscraper will rise mid-block along the northern blockfront of 47th Street between Lexington and Third Avenues. Up until the still-under-construction hotel rising at 147 East 47th Street, the block was one of the few remaining in Midtown East that had been spared the imposition of a post-war high-rises.
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