47th Street (Manhattan)

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47th Street
Hammarskjold Plaza jeh.JPG
Dag Hammarskjold Plaza, located at the east end of 47th Street
Other name(s) Diamond Jewelry Way
Maintained by NYCDOT
Length 1.8 mi[1] (2.9 km)
Location Manhattan
Postal code 10036, 10017, 10167
Nearest metro station 47th-50th Streets "B" train "D" train "F" train "M" train
Coordinates 40°45′31″N 73°59′00″W / 40.7586°N 73.9832°W / 40.7586; -73.9832Coordinates: 40°45′31″N 73°59′00″W / 40.7586°N 73.9832°W / 40.7586; -73.9832
West end NY 9A (12th Avenue) in Hell's Kitchen
East end First Avenue in Midtown East
North 48th Street
South 46th Street
Construction
Commissioned March 1811

47th Street is an east-west running street between First Avenue and the West Side Highway in the borough of Manhattan in New York City. 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.

Notable locations[edit]

Diamond District[edit]

View of the Diamond District at 47th Street and 5th Avenue

The Diamond District is between Fifth Avenue and Sixth Avenue in Midtown Manhattan. The district was created when dealers moved north from an earlier district near Canal Street and the Bowery that was created in the 1920s, and from a second district located in the Financial District, near the intersection of Fulton and Nassau Streets, which started in 1931, and also at Maiden Lane, which had existed since the 18th century. 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 1946 to 2004.

The move uptown started in 1941. The district grew in importance when Nazi Germany invaded the Netherlands and Belgium, forcing thousands of Orthodox Jews in the diamond business to flee Amsterdam and Antwerp and settle in New York City. Most of them remained after World War II, and remain a dominant influence in the Diamond District.[3] Another factor in the northward move was the co-location of finance and insurance companies who moved into the downtown districts, causing rents to drastically increase.[4] By 1941, the Diamond Dealers Club—an exclusive club that acts as a de facto diamond exchange and has its own synagogue—officially made the move up to midtown as well.[5]

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, Philadelphia. Total receipts for the value of a single day's trade on the block average $400 million.[6] An estimated 90% of diamonds in the United States enter through New York. There are 2,600 independent businesses located in the district, nearly all of them dealing in diamonds or jewelry. Most are located in booths at one of the 25 "exchanges" in the district, and in a public corridor to 46th Street. Commission based hawkers are also a common sight and they usually solicit business for stores located on the street level.[7]

Many deals are finalized by a simple, traditional blessing (mazel und brucha[3]) and handshake. Retailers with shops line the streets outside. Above the bazaar is the Gemological Institute of America which trains gem dealers.[citation needed] One distinguishing figure of the district is the diamond-motif street lights illuminating the corners.[8] The NYC Diamond District also holds three prominent trade interconnected buildings: the 580 Fifth Avenue Exchange, the DDC, Diamond Dealers Club, and the International Gem Tower. It is also steps from other landmarks such as Rockefeller Center and Radio City Music Hall.[9]

Transportation[edit]

The New York City Subway's 47th–50th Streets – Rockefeller Center station on the IND Sixth Avenue Line offers service on the B D F M services. An underground concourse connects the station with the buildings of Rockefeller Center. The 49th Street station on the BMT Broadway Line offers service on the N Q R W trains, and is accessible via a part-time booth at Seventh Avenue and 47th Street at the south end of the station.[10][9]

Additionally, several New York City Bus routes running along north-south avenues stop near the street.[11]

In popular culture[edit]

References[edit]

  1. ^ Google (September 1, 2015). "47th Street (Manhattan)" (Map). Google Maps. Google. Retrieved September 1, 2015. 
  2. ^ "NHL Powered by Reebok Store - New York, NY". nhl.com. Retrieved 29 August 2015. 
  3. ^ a b Jackson, Kenneth T. The Encyclopedia of New York City, New-York Historical Society; Yale University Press; 1995. p. 332.
  4. ^ Caratzas, Michael (December 13, 2016). "LP-0962" (PDF). Landmarks Preservation Commission: 4. 
  5. ^ "About the DDC". Diamond Dealers Club New York. Retrieved 2017-03-19. 
  6. ^ WNBC-TV's Jane Hanson on her Jane's New York special on the Diamond District.
  7. ^ "The NYC Diamond District – How to Avoid the Shopper’s Trap". Beyond 4Cs. Retrieved 13 July 2015. 
  8. ^ Staff, Fodor's Travel Publications, Inc (2012-01-01). Fodor's See It New York City. Fodor's Travel Publications. ISBN 9780876371367. 
  9. ^ a b "MTA Neighborhood Maps: Midtown West" (PDF). mta.info. Metropolitan Transportation Authority. 2015. Retrieved December 11, 2015. 
  10. ^ "Subway Map" (PDF). Metropolitan Transportation Authority. June 25, 2017. Retrieved July 1, 2017. 
  11. ^ "Manhattan Bus Map" (PDF). Metropolitan Transportation Authority. May 2017. Retrieved July 17, 2017. 
  12. ^ West 47th Street – About the Film, accessed December 12, 2006

External links[edit]