By Claire Adler
September 10, 2010
A 34-floor, 750,000 sq ft tower being built in Manhattan is intended to put New York back at the heart of the international diamond trade.
Slated for a late 2012 opening in the heart of the city’s diamond district – 47th Street – the developer and former diamond dealer Gary Barnett, of Extell Development, believes “companies buying space are building equity”.
The International Gem Tower will be the only place on 47th Street with secure underground truck delivery. Plans include a vault complex, offices with 360 degree views of Manhattan, cutting edge security systems, a concierge service, a luxury shopping centre on ground level, parking, restaurants and a health club.
Click below for the entire article which includes quotes from Milton Pedraza, CEO of the Luxury Institute.