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Diamond in the Rough

Let's take an early Tuesday morning foray into commercial real estate, shall we? The Post's Steve Cuozzo brings a brief update on Extell's now-rising International Gem Tower: it will be "two different buildings" in one. It now has a second address of 55 West 46th Street for its 315,000 square feet of office space. Non-diamond industry tenants are expected to take that space, from the building's 21st to 34th floors, set to be finished late in 2012. [NYP]

International Gem Tower

50 West 47th Street, New York, NY