International Gem Tower executives to liaise with sight holders during DTC Sight Week later this month

New York: January 23, 2012 - Two executives of Extell Development, the company that is building the International Gem Tower on 47th Street in the New York Diamond district, are in London, U.K., to meet sightholders attending the Diamond Trading Company's Sight Week, January 23-25. 
 
Raizy Haas, Extell's Senior Vice President of Development, and Jeff Torkin, Vice President of Extell, are scheduling meetings with attending companies through the offices of the various diamond brokers.
 
The team's attendance during Sight Week comes on the heels of last week's news that Leo Schachter & Company has purchased over 11,000 square feet in the International Gem Tower.
 
"As the date of completion of the Gem Tower's construction is coming closer, many leading diamond firms are taking another, closer look at this unique building that is going up in the heart of New York's diamond industry and trade. We strongly believe thatboth local and international elite companies in this industry will want to learn more about this exciting project," Raizy Haas said.   
 
 
About The International Gem Tower 
The International Gem Tower will be New York City's only commercial condominium designed specifically for the global diamond, gem and jewelry industry.  Set for completion in 2012, this 34-story tower will provide services and amenities never before offered in New York's diamond district, including state-of-the-art security and vault operations, foreign trade zone status, secure underground parking, full service concierge, health and fitness center, and ground floor retail shopping. Up to $100 million is available to interested buyers in first mortgage financing from Empire State Development through its Job Development Authority.  
 
Distribited by MarketDirect Business Communications on behalf of IGT.