Diamond Dealers Club (DDC) of New York has moved to the International Gem Tower on West 47th Street in New York City, from its longtime home at 580 Fifth Ave, debuting its new trading floor on the occasion of the seventh India Diamond Week. More than 60 exhibitors and several hundred buyers were on hand for the event, organizers said. It was organized by DDC in conjunction with India’s Gem & Jewellery Export Promotion Council.
The new facilities are state-of-the-art, featuring biometric access control, G4S guarding services, and closed-circuit monitoring; the office suites have panoramic views of Manhattan. “The response to our new space has been incredibly encouraging, with many companies from both New York and overseas agreeing that this is the place to trade diamonds in New York,” said DDC president Reuven Kaufman. “This year, as in years past, large quantities of goods have been bought and sold at the Diamond Dealers Club in New York.”