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How Business Gets Done In New York’s Cutthroat Diamond District
Oct. 19, 2011 02:03PM PST
Gem InvestingBusiness Insider reported the Diamond District is one of the driving forces behind New York City’s economy.
Business Insider reported the Diamond District is one of the driving forces behind New York City’s economy.
As quoted in the market news,
This single block of more than 4,000 businesses brings in $24 billion a year, based on sales recorded by the 47th Street Business Improvement District. That’s as much as McDonald’s generates in global sales in the same amount of time, says Michael Grumet, executive director of the 47th Street Business Improvement District.
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