A trip to The Diamond District, between Fifth Ave. and Sixth Ave. was an interesting one . Between the commission based hawkers for the shops along the street, police on patrol and all the beautiful diamonds, there was so many things to see.
The New York district is one of the primary centers of the global diamond industry with an estimated 90% of diamonds entering the U.S. through New York. During World War II thousands of Orthodox Jews in the diamond business fled from Antwerp and Amsterdam and settled in NYC. The Diamond Dealers Club is an exclusive club that acts as a de facto diamond exchange and has its own synagogue. The Gemological Institute of American is located above the shops. They train gem dealers and a single day’s trade on the block averages $400 million. Between the street sign and the light post, there is no doubt where the diamond district begins.
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