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Diamond Dealers Club to Move Office in June
May 29, 2017 4:58 AM
By Rapaport News
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RAPAPORT... New York’s Diamond Dealers Club (DDC) has finalized its move
to the city’s International Gem Tower (IGT) and will relocate its offices there
next month.
The DDC has closed on the purchase with Extell Development
Company, the real-estate investment firm said Friday. The exchange’s new
headquarters will be on the 11th floor of the 34-story tower, located on West
47th Street in the heart of Manhattan’s diamond district.
“This new facility and trading floor will be an incredible
benefit to our members,” said DDC president Reuven Kaufman, calling the IGT “critical
to the future success and stability” of the local diamond industry.
“Our members will enjoy the modernity, prestige and value
that IGT has to offer,” he continued. “We are confident that the club’s
presence will enhance the experience for IGT owners, visitors and tradesmen.”
Gary Barnett, founder of Extell, said attracting the DDC to
the tower “completes our vision for a modern industry center in New York.”
Other companies located in the building include De Beers and the Gemological
Institute of America.
Image: Business Wire
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Tags:
DDC, De Beers, Diamond Dealers Club, Diamond District, Extell, Extell Development Company, Gary Barnett, Gemological Institute of America, GIA, International Gem Tower, manhattan, new york, Rapaport News, Reuven Kaufman
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