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Israel Diamond Exchange

Owners of a tower that is currently being built in the heart of New York City's diamond and jewelry district will visit Israel in the days to come to meet with local diamond companies that have purchased space in the tower, as well as other firms that have since expressed interest in purchasing an office.

 

International Gem Tower partner Joseph Lipton and Extell Development Company senior vice president Raizy Haas will be paying the Israel Diamond Exchange in Ramat Gan a visit from May 6 to May 9.

 

"A number of Israel's leading diamond and jewelry companies have purchased prime office space in the International Gem Tower," said Joseph Lipton. "Since these early purchasers from Israel have come on board, the US economy has significantly rebounded. The marked improvement of both the jewelry market and New York City real estate has resulted in a number of additional Israeli companies expressing a strong interest in owning space in the state-of-the-art tower."
 
"The list of diamond firms that purchased offices in IGT reflects the global character of the diamond business. Included among our buyers are world market leaders from India, Belgium, Israel and the US, and as such representing the mosaic of the international diamond industry and trade." Ms. Haas stated. "From their new offices in Manhattan's diamond district, these firms will continue to strengthen their business ties in the US and improve the services offered to the North American jewelry business sector," she added.
 
During their visit, the sales team will present to Israeli diamond companies who have until now been waiting to see the tower further completed an opportunity for them to explore remaining options for choice offices. Lipton and Haas will present an update on sales as well as the enormous progress of the tower's construction, which remains on schedule for completion and delivery later this year.