Issue Issue Archive
A diamond is forever. Is the Diamond District?
Nothing turns a jewelry salesman on quite like the sight of naked fingers. To walk down Manhattan’s Diamond District...
diamond district
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Insights
Here’s what tenants are paying at ELO’s Diamond District properties
Like most retailers, merchants in Midtown Manhattan’s Diamond District have had to grapple with the impact of the pandemic...
Chetrit brings ELO back to the table on $110M Diamond District deal
Members of the Chetrit family were able to convince a developer to come back to the table to close...
Diamond District building listed for $113M
A 12-story building in New York’s Diamond District has hit the market for $113 million — a cut above its last sale price of $1.3 million. Of course, that was in 1977, when the...
Chetrit’s $115M Diamond District deal fizzles
A $115 million deal for a Diamond District building that’s lingered on the market since 2017 has fallen through....
ELO to buy Chetrit family Diamond District building for $115M
The ELO Organization is in contract to purchase Eli and Isaac Chetrit’s Diamond District building at 15 West 47th...
Extell nabs $440M in financing for Midtown assemblage
In one of its last big deals of 2019, Gary Barnett’s Extell Development tightened its grip on a Midtown...
Archive
Rough cut: How the global diamond trade shaped New York’s skyline
From the April issue: There are figurative cutthroat businesses, and there are literal ones. Yitzchak Tessler knows the difference. Chain-smoking...
Extell Development pays $63M for Diamond District parcel
Gary Barnett’s Extell Development has spent $62.5 million to purchase 572 Fifth Avenue in what appears to be part...
Barnett to build large hotel in the
Diamond District
Gary Barnett’s secretive Diamond District development, it turns out, will be a hotel with several hundred rooms. And the...
Diamond District