Manhattan's building boom will add another skyscraper on fast-reviving Avenue of the Americas (TIME, Dec. 10). Rockefeller Center, Inc. and TIME Inc. last week announced plans for a new 47-story, $70 million TIME and LIFE Building to occupy the entire west side of the avenue between 50th and 51st Streets, opposite Radio City Music Hall. When the 550-ft., air-conditioned building is finished in two years, TIME Inc. will take over 20 lower floors; the remaining 27 floors will be rented by Rockefeller Center, Inc. to other occupants, e.g., American Cyanamid Co.. Shell Oil Co., McCann-Erickson, Inc., Esso Standard Oil Co....
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