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NEW YORK CITY — The International Gemological Institute (IGI) has inked a lease for 20,400 square feet of office space at 551 Fifth Ave. in New York City. IGI is the largest independent gemological laboratory in the world. The company will take over the entire seventh floor in the base of the 38-story tower this January. Jarod Stem of Studley represented the landlord, The Feil Organization, in the transaction. He also represented the tenant.