Oklahoma-based American Precious Metals Exchange Inc. (APMEX) is opening its first office in New York in a transaction that is as good as gold. The organization has put up gold bullion to the Trump Organization as a security deposit for office space at 40 Wall St. It has signed a 10-year lease at the 72-story, 1.3 million-square-foot Art Deco tower, also known as the Trump Building.
APMEX will occupy 10,000 square feet of the Trump property, the entire 50th floor, which will house its key finance and marketing management divisions. Established in 2001, APMEX is one of the largest sellers of precious metals in the country.
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