I think they placed it to its final position:
I think the new camera is cool, the downside is that the resolution is not good. It would have been good if they keep the 57th camera raising it to the top of the building across the street, for a closer look of the construction and add this one to see it in the context of the skyline (so we would have 4 cameras)
One good thing about this camera, is that makes possible to do a pretty cool time-lapse.
The angle should be tilted upwards as the building raises, now it is tilted downwards, in a few months it will be not tilted, and then it should be tilted upwards.
It wouldn't be bad if once in a while, like two or three days in a month, they zoomed out the camera, similar as the first picture, to see the building against the whole skyline.