A.S. Diamonds receives first JDA mortgage approval, Malca Amit expands to 11,000 square feet at International Gem Tower

Date: 
2 November 2011

 
A.S. Diamonds has received unanimous mortgage financing approval from the Empire State Development Corporation's Job Development Authority (JDA) for the purchase of its office condominium at the International Gem Tower.
 
"We are delighted to receive JDA mortgage approval, which moves us one step closer to being headquartered in this visionary industry building," said A.S. President Alain Spira. "As the tower rises and with our mortgage financing in place, we can now focus on designing our new offices and planning our move."
 
In other exciting IGT news, global valuables courier service, Malca-Amit, has expanded  its North American corporate headquarters to over 11,000 square feet in the building.  The move comes on the heels of global diamond conglomerate Eurostar expanding to an 8,000 square foot office.
 
Malca-Amit, who originally purchased space in early 2010, recently agreed to relocate its new office to allow the Gemological Institute of America (GIA) to expand to two full floors of close to 60,000 square feet.  GIA's New York Laboratory and East Coast campus will now be headquartered on the entire 4th and 5th floors in the base of the tower.
 
Distributed by MarketDirect Business Communications on behalf of Extell Development.
 
FOR FURTHER INFORMATION, PLEASE CONTACT:
Joseph Lipton, IGT Partner   
US Mobile: +1-917-359-1133