The only pawnshop at 50 West 47th Street will finance jewelry shoppers who are short of cash
NEW YORK, Aug. 14, 2014 /PRNewswire/ — New York Loan Company was the first business to open in the International Gem Tower, followed by other industry heavyweights including the Gemological Institute of America (GIA), Gemfields, Christopher Designs and Kuperman Brothers. But now that the most highly anticipated owner in the building, the International Gem Tower Shopping Mall on the ground floor, has finally opened its doors to the public, New York Loan Company will have a new group of clients to service.
Photo – http://photos.prnewswire.com/prnh/20140813/136119
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Jordan Tabach-Bank, owner and CEO of New York Loan Company, believes the long-awaited shopping mall will be a draw not simply for patrons of 47th Street, but rather a destination for anyone visiting Manhattan. "The shopping mall truly represents the very best of the jewelry industry; it is tough to say what is more beautiful – the diamonds and gems lining the showcases, or the mall itself," explains Tabach-Bank.
New York Loan Company currently serves as the only pawnshop in the International Gem Tower. New York Loan Company will also offer financing to jewelry lovers who find the piece of their dreams, whether it be an engagement ring or a Rolex watch, but also find themselves short of cash. Clients can simply secure a loan against that which they purchase in the confidential confines of New York Loan Company's private and secure offices one floor above the shopping mall.
New York Loan Company is a high-end collateral lender that specializes in large pawn loans against jewelry, diamonds, watches, coins, fine art, wine and memorabilia. Typical pawn loans for this luxury pawnshop include both modern and vintage gold and diamond jewelry, including signed pieces from marquee brands such as Tiffany & Co., Graff, Harry Winston and Cartier, as well as rare and complicated watches from Rolex, Patek Philippe, and Audemars Piguet. Tabach-Bank explains, "The International Gem Tower Shopping Mall and New York Loan Company service the same clientele and I look forward to a very synergistic relationship, particularly with respect to financing the purchase of the amazing jewelry they offer."
The International Gem Tower Shopping Mall, which covers 20,000 square feet and stretches over 3 floors, boasts a wrap-around LED screen on which New York Loan Company is the sole pawn advertiser and Tabach-Bank is thrilled with the prospect of luring potential pawn clientele who have not dealt with a confidential luxury collateral lending operation in the past. "We make the pawn process quick, simple, discreet and dignified—just as we have done in our Beverly Hills location since 1938," said Tabach-Bank.
For more information, please visit www.newyorkloan.com.
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Alison Daley, Public Relations
Telephone 212-361-0691 x5
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