ENTERTAINMENT AND FASHION

Diamond District is situated on the 47th Street in the New York City. It is a unique shopping center, where many diamond and jewelry retailers carry on their businesses. Diamond District is one of a kind and if you want to have a unique shopping experience, must visit this place.

General Information about the Diamond District

The 47th Street Business Improvement District which operates the Diamond District is a non for profit organization the purpose of which is to improve the economy of New York City. As the district deals with jewelry, there are more chances of theft and robbery so, to minimize the risk, many merchants have spent a lot of money to make the place secure. Also it is very clean and attractive for visitors.

There is a variety of jewelry in the Diamond District for everyone. You will surely find something that suits your personality and taste. You can also hire professional craftsman if you like stones in jewelry. Items like antique jewelry, diamond watches, estate jewelry can also be purchase from the shops at the Diamond District.

Most of the retailers at the diamond District carry out their businesses through jewelry exchange office. Only a few retailers have their own stores. There are around 25 jewelry exchange offices and 100 merchants operate through them. If you are interested in selling some jewelry items, you can do that at the jewelry exchange. If you are a good negotiator, expect a good price for your jewelry.

Facts about the Diamond District

Almost 99% of the diamonds imported in the US are bought by the New Yorkers. Approximately 2600 merchants operate their business in the Diamond District which makes it one of the busiest markets in the world.
As mentioned earlier, the Diamond District is run by the 47th Street Business Improvement District (47th Street BID) the purpose of which is to keep the Diamond District safe and secure place to shop. 47th Street BID has installed 19 street lights and four diamond pylons at the four corners of the District.