Diamond district new york ny

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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.

Diamond district new york ny

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. Why you should trust us. Where can you find the Diamond District in New York? Some places conjure up fantastic images of grandeur in our heads. The New York Diamond District has a similar reputation. Just one city block of 47th street, the towering buildings whose street-level edifices are adorned with sparkling earrings, elegant rings and flashy accessories lure tourists in by the busload and even attract New Yorkers no small feat. Rising rents and other factors forced jewelers to look upwards and eventually, they settled on one long block of 47th Street between Fifth Avenue and Avenue of the Americas.

If you are looking for diamond engagement rings, NYC offers more selection than any other city on the planet… and the Diamond District on 47 th Street is epicenter of all the action.

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.

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Wedding Photographers. Click to Visit. Cash Funds. Bianca Jewelers specializes in custom engagement rings and fine jewelry, and offering services such as custom designs, insurance appraisals, jewelry restoration and repair as well as watch repairs. Estate Diamond Jewelry. 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. Two or three and we rated it good, and four or five and we rated it fair. If you have your heart set on a specific jeweler, call and try to make an appointment instead of just showing up. How to Wear a Bridal Ring Set. Beyond 4Cs.

The Diamond District in NYC is one of the most popular places to shop for diamonds, gemstones, and jewelry.

But opting out of some of these cookies may affect your browsing experience. Additionally, make note of the criteria that matter to you—such as the 4Cs—and set a budget. Elle Cashin. As we explained above, the companies were not competitive in price. Please be aware that parking in New York City is a little costly. These are the best of the best so being, say 10 on this list means being 10 out of over NYC Diamond District Stores. Here is how an unscrupulous diamond merchant can tell if he is dealing with an easy mark or a tough negotiator. Another notable advantage of the UGL is its proficiency with vintage jewelry. This famed area of Manhattan has been surprisingly resilient in a city that is constantly changing on a daily basis. Portal : New York City. The other diamond they pushed very hard was a 1. Beyond 4Cs. You may accept or manage your choices by clicking below, including your right to object where legitimate interest is used, or at any time in the privacy policy page.

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