50 W. 47th St. 15th Floor Office
- Usage: Office
- Type: Sale
- Floor: 15th Floor
- Size: 1,334 SQFT
- Price: $1,300,000
- Term: —
About the Building
When someone says the Gem Tower in Midtown West, they’re talking about a Diamond District–oriented ownership building, typically centered around West 47th Street, designed for high-value, security-sensitive businesses rather than generic office tenants. That entails a few key realities:
First, the building is structured for owner-users, not churn-and-burn leasing. Many occupants are jewelers, dealers, private traders, family offices, or adjacent professional firms who value permanence, privacy, and control. Floors and units are commonly laid out with multiple enclosed perimeter rooms, thick walls, and clear separation rather than open bullpen office plans, which aligns exactly with the suite listed.
Second, these buildings prioritize security, discretion, and vertical access. Expect controlled access, freight and service coordination, and layouts that support safes, vault rooms, private offices, and client-facing meeting spaces without exposing operations. That’s why workstation counts are often irrelevant — the value is in rooms, frontage, light, and separation, not seat density.
Third, ownership in a Gem Tower carries institutional and cultural weight. Buyers are not just purchasing square footage; they’re buying into a legacy building in the Diamond District ecosystem, where proximity, reputation, and long-term asset holding matter as much as layout. That should absolutely influence tone: this is not a startup office, not a flex suite, and not a commodity condo — it’s a high-floor professional asset built for trust, permanence, and value retention.
Tenants
Leo Schachter Diamonds
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