Something new has been added to New York's skyline this holiday season, and we at TIME take special pride in it. This jolly Christmas tree shining 630 feet above Manhattan's streets is our version of an old-world tradition, the "topping out" of a new house with a broom or small tree. When steelworkers reached the top (48th) floor of the new TIME & LIFE Building ahead of schedule a few weeks ago, we celebrated their well-done job and saluted the season at the same time.

Next Christmas, if all goes well, I'll be sending you our greetings from the new TIME & LIFE Building at 50th Street and the Avenue of the Americas.

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