Photo © Bjorg Magnea
Extell Development Company announced today that New York Loan Company, one of the country’s most exclusive collateral lenders specializing in confidential pawn loans against gold, jewelry, diamonds, watches, fine art and entertainment memorabilia, is the first office condominium owner to open for business at the company’s International Gem Tower (IGT) on West 47th Street in Manhattan’s famed diamond district.
This is the first East Coast location for the family-owned collateral lender, which has been in business as Beverly Loan Company in Beverly Hills, California since the 1930’s and is often referred to as “the pawn shop to the stars.”