Friday, August 17, 2012

International Gem Tower Introduces Junior Office Suites
Buyers will enjoy all the tower's amenities for prices starting below $600,000
Extell SVP Raizy Haas to visit Israel August 20-22

New York, New York, -- August 16, 2012: Extell Development, the New York real estate company that is building the International Gem Tower (IGT) in the heart of Manhattan's diamond and jewelry district, announced today that it will begin selling smaller sized office suites to accommodate interest from national and international diamond, gem and jewelry companies. Raizy Haas, Senior Vice President at Extell will be making a three-day visit to the Ramat Gan diamond exchange complex August 20-22 to present this new opportunity.

"In response to demand, both locally and internationally, Extell has decided to develop a limited number of smaller sized office suites at the Gem Tower," Haas said. "We have met with many companies who wish to establish a presence in the building but are looking to purchase a smaller, pre-built space at a lower price point."

Buyers can choose to finish their spaces or select from five office layout options offered by IGT (see below). Pricing of some of the finished units will start below $600,000 and will include the build out of the unit's interior walls, finished floors and ceilings, interlock entry, closets, lighting, built-in furniture and mechanical equipment, including heating, ventilation and air conditioning systems.

"By making these types of such units available, we are offering diamond and jewelry industry players of every size the opportunity to join the IGT community," Haas said. She added that owners would enjoy all the amenities that the building has to offer, including. a class A office environment, state-of-the-art security, access to industry service companies in the building, valet parking and a private fitness center.

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