The Diamond District is an area of New York City found along 47th Street (between 5th Avenue and Avenue of the Americas) in the neighborhood of Midtown in the borough of Manhattan. The area is one of the three primary centers of the global diamond industry (along with Antwerp, Belgium and South Africa), as well as the premiere center for jewelry shopping in the city. The Empire State Building (right) and the Chrysler Building (left) are easily recognized symbols of New York City to the world. ... Street sign at Fifth Avenue and East 57th street Fifth Avenue is a major thoroughfare in New York City. ... Sixth Avenue is a major avenue in New York Citys borough of Manhattan. ... The word Midtown, when used by itself, can refer to: Midtown Manhattan, a part of the borough of Manhattan in the city of New York Midtown Atlanta, north of the downtown area, and home to some of Atlantas skyscrapers Midtown, Detroit, is an area roughly two square miles squat... Manhattan Borough,highlighted in yellow, lies between the East River and the Hudson River. ... For other uses, see Antwerp (disambiguation). ...
It has been reported (by WNBC-TV's Jane Hanson on her Jane's New York special on the Diamond District) that total receipts for the value of a single day's trade on the block average $400 million. Jane Hanson and Maurice DuBois in 1997 on Today in New York. ...
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Over 90 percent of the diamonds that enter the country go through New York City, and most of them go through the DiamondDistrict (the stretch of 47th Street between 5th and 6th Avenue).
By the mid 1920's a thriving diamond industry had been established that was known as the "DiamondDistrict".
Today the DiamondDistrict sells a lot more than diamonds: savvy shoppers will tell you that the area offers virtually any type of jewelry imaginable, as well as jewelry related services, such as cleaning, pearl restringing or watch repair.
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