Diamond district new york ny

Jewelry shopping can be intimidating.

If you're in the market for an engagement ring , chances are you've caught wind of New York City's famous Diamond District. It's something out of an urban fairy tale: A sometimes gritty and always glittery home base for retail shops and merchants, craftsmen, artisans and diamond experts, appraisers, importer, and more. Everywhere you look, it's lit with that special type of fluorescence that makes gems sparkle brilliantly. And most importantly, it's home to billions of dollars worth of diamonds and gemstones. The Diamond District , in concept, has been around since the late s, originally located on Maiden Lane at the southern tip of Manhattan. It expanded and shifted, moving steadily toward Midtown over the course of years, and settled in at its current location on 47th Street in the s. Today, it's a community all its own, full of jewelers who have known each other for decades and do business together often, and consumers on the hunt for the perfect piece of jewelry.

Diamond district new york ny

Nestled in Midtown Manhattan, West 47 th Street offers more than 4, wholesalers and retail jewelers. Short link: Google Map of Diamond District. The good news is that the Diamond District is one of the most accessible places in New York. It is located in mid-town, and all modes of transportation cross through. The N, R, and W trains also run through 49th Street. The E train is a little further out but is close enough to walk. It arrives at 5th Ave and 53rd. For Buses: 5th Avenue has non-stop buses running up and down the Avenue throughout the day. If you want to drive into the City, it will be virtually impossible to park on the street without getting a ticket. We recommend parking at the Icon Parking one street over on 46th between 5th Avenue and 6th Avenue. Click here for the directions straight to the Icon Parking. Please be aware that parking in New York City is a little costly. The Diamond District typically opens later than other commercial districts in New York.

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Traffic runs one way along the street, from east to west, starting at the headquarters of the United Nations. The street features the Diamond District in a single block, where the street is also known as Diamond Jewelry Way , and also courses through Times Square. A notable, long-time anomaly of the district was the famous Gotham Book Mart , a bookstore, which was located at 41 West 47th Street from to The move uptown started in the s when rents in Maiden Lane began increasing drastically as finance and insurance companies moved into the Financial District. The area is one of the primary centers of the global diamond industry, [ citation needed ] as well as the premier center for jewelry shopping in the city. It is one of the largest diamond and jewelry districts in the United States, along with Jewelers' Row, Philadelphia and Los Angeles's Jewelry District , and it is the second oldest surviving jewelry district in the United States after Jewelers' Row in Philadelphia. There were some 3, independent businesses cutting, polishing and sales in the district in

Nestled in Midtown Manhattan, West 47 th Street offers more than 4, wholesalers and retail jewelers. Short link: Google Map of Diamond District. The good news is that the Diamond District is one of the most accessible places in New York. It is located in mid-town, and all modes of transportation cross through. The N, R, and W trains also run through 49th Street. The E train is a little further out but is close enough to walk. It arrives at 5th Ave and 53rd. For Buses: 5th Avenue has non-stop buses running up and down the Avenue throughout the day. If you want to drive into the City, it will be virtually impossible to park on the street without getting a ticket.

Diamond district new york ny

A preserve for the barter economy and the transaction sealed by a handshake, this small slice of the city has sustained a unique way of life. It has survived urban decay, revitalization and gentrification. It has withstood the rise of modern finance and e-commerce, resisted economic booms and busts, and adapted to the ebbs and flows of global migration. I found that the mechanisms of a pre-modern economy are precisely the devices that allow diamond merchants to thrive in the 21st century. When wealthier banks started driving up downtown rents in the s, diamond businesses started moving uptown to 47th Street. A visitor in the s would have heard as much Yiddish and Hebrew as American English. Even as the faces have changed, business practices have remained the same. The district remains an island of cramped retail space and backroom manufacturing even as Manhattan commercial rents reach historic highs. Visit 47th Street today , and the stylish pedestrians of Fifth and Sixth Avenues vanish.

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On the wholesale level, diamond prices are first based on a diamond shape and March 4, The Knot Magazine. Engagement Rings Engagement Rings. Nestled in Midtown Manhattan, West 47 th Street offers more than 4, wholesalers and retail jewelers. Agnes Church St. Still afraid of getting ripped off? Jewelry Appraisers in the NYC Diamond District It is very important to ensure that any diamond or jewelry that you purchase is genuine. Main menu. Give us a shout at help hiholden. Beauty Services. Traffic runs one way along the street, from east to west, starting at the headquarters of the United Nations. They are not a rip-off, but you seem to be paying a premium for no added value. Retrieved June 18, Wikimedia Commons.

Photo: Marley White. Although only a tiny sliver of Midtown, the Diamond District is home to around 2, independent jewelers who are renowned for selling some of the world's most precious—and expensive—jewels. Nearly 95 percent of the diamonds that enter the US pass through the neighborhood, making the area an ideal destination for both consumers and wholesalers—in short, anyone looking for diamonds and jewelry before luxury brands, which purchase these same stones, mark them up to full price.

Technology enabled 3D printing and bridging the best of online and offline shopping was the solution. These are just the basics. Mike followed that up by spending years buying and selling diamonds on the wholesale market as well as selling tens of millions of dollars worth of diamonds to diamond retailers. For an outside, the Diamond District can be difficult to navigate. If someone meets you on the street and tries to usher you into a specific store with a lot of smooth words and flashy deals, just resist. Those premium stores may look appealing, but the prices are usually overpriced. Chazarei crap and Strop a lemon are common terms people use for bad diamonds. Lauren B began as a modest booth in the district in , and has grown and evolved to become a leader in custom engagement ring design. List of Partners vendors. Retrieved September 1, The Facts 1. Bridal Salons. A January article in Smithsonian magazine described the Diamond District as follows: [4]. The first choice was at one of the counters in an exchange.