President of the Diamond Dealers Club (DDC) of New York Reuven Kaufman announced that the DDC will move to move to 11th floor of the International Gem Tower (IGT) at 50 W 47thStreet, IDEX Online reports.
According to a statement by Kaufman, the move is “critical to the future success and stability of the diamond industry on 47th Street in New York […] Our members will enjoy the modernity, prestige and value that IGT has to offer. We are confident that the Club’s presence will enhance the experience for IGT owners, visitors and tradesmen. Now is an excellent opportunity for DDC members to secure office space still available from Extell Development, the developers of IGT, and be in the same location as the DDC and other major companies in the industry”.
The DDC will have new open trading floor with “state of the art technical facilities, cafeteria and break area”, the statement added.
