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Midtown Domination

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Extell seems to be on a quest to own all of Midtown. The developer is in contract to buy a four-story building at 143 East 49th Street, making it the third contiguous building that Extell owns on the block bound by 49th and 50th Streets and Lexington and Third Avenues. The three buildings are within a larger six-site parcel that the Midtown East rezoning proposal envisions as being combined into a giant 924,893-square-foot hotel. Things are getting interesting! [TRD; previously]