05 Jun 2020
DiamondWorld Directory
Home |
New York State offers $100 million worth of mortgage finance for space in IGT
IGT will symbolise NY as an importance international trade centre
By: Diamond World News Service
Jun 26 2010 5:04PM
Reference: 5070  


The New York State has dedicated $100 million fund for mortgage finance to prospective buyers of office space in the International Gem Tower (IGT), and so participate in the making of what symbolise the city’s importance in international trade, announced Empire State Development. Funds will be sanctioned under the State’s Job Development Authority program. “The International Gem Tower will further establish New York as the center of the international trade,” said Governor David A. Paterson. “Once completed, the Tower will rival leading competitors across the globe with its state-of-the-art technology, services and Foreign-Trade Zone designation. The International Gem Tower will also be instrumental in fostering economic activity abroad and expand the State’s presence around the world.”

“We are immensely proud of this project, and what it means to the City of New York,” said Gary Barnett, President of Extell Development, the project developers. “The International Gem Tower is a wonder of state-of-the-art technology that will put New York at the heart of the world diamond and gem industry.”

The 34-story project designed exclusively for the international gem and jewellery trade is expected to be completed in 2012. It will stand in the heart of New York's Diamond District, housing leading wholesalers, retailers and manufacturers of the trade.

Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
*  Company:
*  Name:
*  Mobile:
*  Email:
Subscribe for DiamondWorld weekly Newsletter
HouseAd_Trade Fair
Search News by City
Kosher 23460
Kosher 23460
Recent Issue
Kosher 23460
News in Pictures
Young Diamantaires
Pictures: 16
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 26401
Diamond World Expert Hour with Evgeny Agureev, Deputy CEO, ALROSA
Views: 32
GJEPC Chairman Interview
Views: 23701
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 30653
Promo for IJ Awards 2012 at NDTV Profit
Views: 44872
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 45898
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 18164
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 43532
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 41785
Finestar Diamonds
Member of:
Supporter of: