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International Gem Tower Tops Out In NYC

$750M Building Slated For Yearend Completion
March 21, 2012
Less than a year after starting construction, Excell has reached the vertical peak of its $750 million International Gem Tower in Manhattan's Diamond District.

Project team members from developer Extell, AECOM’s Tishman Construction Corp., and architectural/engineering firms celebrated the topping out of the building on West 47th Street, expected to be completed by year-end.

The 34-story building with a mix of residential and commercial space, delayed by the recession and real estate downturn, will be fully operational by mid-2013.

Extell President Gary Barnett, Senior Vice President Raizy Haas and Executive Vice President David Rothstein, along with Daniel R. Tishman, Chairman and CEO of Tishman Construction Corporation and Vice Chairman of AECOM Technology Corp., and John T. Livingston, President of Tishman Construction Corporation and Chief Executive of Construction Services for AECOM Technology Corp., participated in the ceremony.

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