Diamond dealers on 47th Street are hitting rock bottom — and it’s all millennials’ fault. The twenty-and thirty-somethings are turning to the Internet to buy engagement rings, squeezing gem sellers in the Diamond District, where empty storefronts and booths are multiplying. “Everybody’s leaving. There’s no business,” said Michael Abramov, who runs Abramov Jewelry with his...
Comment on Millennial shopping habits are becoming a problem for the Diamond District
Melissa Klein, New York Post: Local
Sat, 02/23/2019 - 8:49pm
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