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A blog from CityRealty (Links below will take you to the 6sqft site)

Carter's View

Excavation work is proceeding at 18 West 48th Street where the J. D. Carlisle Development Corporation, headed by Jules Demchick, plans to erect a 33-story condominium apartment tower with about 150 units.

The design by Perkins Eastman calls for a two-tone glass face on a layered facade with the front layer a pale blue-green and the back layer a darker tone.

The building is just to the east of the south end of Rockefeller Plaza where construction is also taking place just to the west of its north end where several floors are being added to the building at 25 West 51st Street.

This new condo tower, which will be known as The Centria, will have a spa on the first floor, a conference center and a club room and lounge for the residents on the the second floor. J. D. Carlisle was the developer of Morton Square on West Street in the West Village and it acquired the unused "air rights" from the adjacent garage at 10 West 48th Street and two small buildings on the site for $23 million.
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Additional Info About the Building

 
Architecture Critic Carter Horsley Since 1997, Carter B. Horsley has been the editorial director of CityRealty. He began his journalistic career at The New York Times in 1961 where he spent 26 years as a reporter specializing in real estate & architectural news. In 1987, he became the architecture critic and real estate editor of The New York Post.