47th Street (Manhattan)

47th Street
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, 10167, 10017
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

  • The Factory was Andy Warhol's original New York City studio from 1963 to 1968, although his later studios were known as The Factory as well. The Factory was located on the fifth floor at 231 East 47th Street, between Second Avenue and Third Avenue.
  • The top duplex of the Dyckman's Jewelry Exchange at 73 West 47th Street was Russian emigrant artist Alexander Ney's studio and home for four decades (1974–2015) following his immigration from the Soviet Union.
  • After opening in 1920 on West 45th Street, the Gotham Book Mart later moved to 51 West 47th Street and then spent many years at 41 West 47th Street before moving to 16 East 46th Street.
  • Vanderbilt Avenue is a short street that runs from 42nd Street to 47th Street, between Park Avenue and Madison Avenue. The street was built as the result of construction of Grand Central Terminal, and is named for the family of the terminal's original owners, Cornelius Vanderbilt. Grand Central Terminal can be accessed via 47th Street through the "Northwest Passage", a 1,000-foot (300 m)-long corridor that runs parallel to the tracks, connecting to the Main Concourse by way of an entrance at the northeast corner of East 47th Street and Madison Avenue.
  • The portion of 47th Street between Fifth Avenue and Sixth Avenue is known as the Diamond District, which hosts a kosher cafe, the IDT Megabite Cafe.
  • An NHL store stands at 1185 Sixth Avenue (Avenue of the Americas) between West 46th Street and West 47th Street. It is the only one of its kind in the country and has its own Starbucks within the store.[2]
  • The TKTS booth, reconstructed and reopened in 2008, is located on 47th Street at Duffy Square, between Seventh Avenue and Broadway. Theater-goers may purchase Broadway theatre tickets at a discount of 25 to 50% for listed plays and musicals on the day of the shows. The Morgan Stanley Building is located diagonally opposite to TKTS at Broadway and 47th Street.
  • Broadway theatre is well represented on West 47th Street between Broadway and Eighth Avenue, including the Brooks Atkinson Theatre (at 256 West 47th Street), the Ethel Barrymore Theatre at (243 West 47th Street) and the Samuel J. Friedman Theatre, formerly the Biltmore Theater (at 261 West 47th Street).

Diamond District

View of the Diamond District at 47th Street and Fifth 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, 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 in 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, which means "luck and blessing") and handshake.[3][8] Retailers with shops line the streets outside. At 50 West 47th Street is the Gemological Institute of America which trains gem dealers.[9] One distinguishing figure of the district is the diamond-motif street lights illuminating the corners.[10] 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.[11]

Transportation

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, and 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, and W trains, and is accessible via a part-time booth at Seventh Avenue and 47th Street at the south end of the station.[12][11]

Additionally, several New York City Bus routes running along north-south avenues stop near the street.[13]

References

  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. 1 2 Jackson, Kenneth T. The Encyclopedia of New York City, New-York Historical Society; Yale University Press; 1995. pp. 332–333.
  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. "Sparkle Street, U.S.A." by Margot Hornblower, The Washington Post, March 10, 1985
  9. Locations, Gemological Institute of America
  10. Staff, Fodor's Travel Publications, Inc (2012-01-01). Fodor's See It New York City. Fodor's Travel Publications. ISBN 9780876371367.
  11. 1 2 "MTA Neighborhood Maps: Midtown West" (PDF). mta.info. Metropolitan Transportation Authority. 2018. Retrieved October 1, 2018.
  12. "Subway Map" (PDF). Metropolitan Transportation Authority. January 18, 2018. Retrieved January 18, 2018.
  13. "Manhattan Bus Map" (PDF). Metropolitan Transportation Authority. December 2017. Retrieved April 24, 2018.
  14. West 47th Street – About the Film, accessed December 12, 2006
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