Diamond district new york ny

Jewelry shopping can be intimidating. Walking down 47th street in NYC between 5th and 6th Avenues is an experience like none other in the city, diamond district new york ny. While politely stating over and over again that "no, I'm neither buying nor selling today" to sellers on the street, I fantasize about galas and balls where I could wear the dazzling gems that wink at me through shop window after shop window.

We are reader-supported. Buying through any red colored link on our site may earn us commissions. Learn More. The NYC Diamond District is a compact area that feels like a pressure-cooker when you are looking to purchase a diamond or diamond jewelry. The amount of jewelry numbering hundreds of millions of dollars worth is staggering and overwhelming. All the hustle and bustle creates an atmosphere that overwhelms customers looking to find an engagement ring or other diamond jewelry. It creates an environment that many of those jewelers use to exploit consumers who wander up to their booth or into their store.

Diamond district new york ny

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. For further insight—including how to navigate the at-times intimidating area—we turned to Mike Jamgotchian, assistant sales manager for Diamond District mainstay Lauren B Jewelry. 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. Let's dive in.

Yes and no. Centrally located in Midtown Manhattan, the Diamond District officially stretches along 47th Street between Fifth and Sixth Avenues, just a few blocks from Times Square in one direction and Rockefeller Center in the other. View all.

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

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. Located on 47th Street between Fifth and Sixth Avenues, the thoroughfare is a haggler's paradise. And whether you're motivated to purchase, comparison shop or just gawk, you'll find plenty of sparkling wares on display—both loose diamonds and finished pieces—as well as artisans who can help you design your own setting for a stone. Although the glittering personality of the block has been firmly established since the middle of last century, in earlier times other parts of the City were home to a concentration of dealers.

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. In their place are elderly, ultra-Orthodox Jews wearing black overcoats and fedoras; south and central Asians with traditional karakul hats; and gaggles of merchants shouting in languages from across the world.

Ell may porn

Measure content performance. It has been at the same location in Jewelers Row for over a decade. Read reviews and learn about other buyers' experiences with various vendors. My amazing friend Ariella joined me for a stroll through the area. The Diamond District typically opens later than other commercial districts in New York. The NYC Diamond District operates within a set of rules that have not changed much since its 18 th Century barter economy beginnings. Here we were shown a 1. Most importantly enjoy the process — this is a very special gift and deserves the attention that you have given it. Ultimate Diamond is a 3rd generation family-run and operated business dating back to Joseph David started the family business over years ago. Some are standalone shops while others host dozens of jewelry counters vying for attention. NYC sent you! Diamond Dealers Club New York.

Nestled in Midtown Manhattan, West 47 th Street offers more than 4, wholesalers and retail jewelers. Short link: Google Map of Diamond District.

Jewelers would rather sell to someone excited about their jewelry, even if it means making less profit. In fact, we were generally met with very little enthusiasm or even antipathy. This provides an extraordinary concentration of products in one area. We recommend parking at the Icon Parking one street over on 46th between 5th Avenue and 6th Avenue. Cash Funds. Virtually no diamonds had legitimate certification I should note that I was buying large diamonds, not smaller diamonds where certification is not as important and many of them appeared to be artificially enhanced without them mentioning it to me. Those premium stores may look appealing, but the prices are usually overpriced. Ultimate is known for customer service and value. Retrieved September 1, Some places conjure up fantastic images of grandeur in our heads.