Diamonds Are Downtown's Best Friend

Against the backdrop of a gray day, Tiffany & Co. painted a small corner of the Financial District blue on October 10, when it opened its second Manhattan store at 37 Wall St.

For many of the Financial District’s independent and family-owned shops, Tiffany & Co.’s return Downtown after 67 years, albeit welcome, symbolizes the area’s rapidly changing retail landscape.

“Any good name that comes into this area helps,” said Minas Polychronakis, the owner of Minas Shoe Repair.

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