DDM - Diamond District

DIAMOND
DISTRICT
M O N T H LY
62
Vol.62
July 2015
Manhattan Borough President Gale Brewer Meets With
BID Leadership and Diamond District Community Leaders
M
ichael Grumet, BID
Executive Director, introduced, Gale Brewer, Manhattan Borough President,
to a meeting of the Board
of Directo rs of the 47th
Street Business Improvement
District and other Diamond
District Community leaders.
“Borough President Brewer
has a long history of serving
New York City. Even before
she was in the City Council,
representing the Upper West
Side she worked for previous
Manhattan Borough President Ruth Messinger, who
was instrumental in getting
the 47th St. BID founded,”
said Michael Grumet.
The subject of the Ms. Brewer’s remarks was “Small Business Big Impact Expanding
Opportunity for Manhattan’s
Storefronters.” The Manhattan
Borough P resident’s Office
produced a report that is the
basis of current legislation
pending in the City Council
designed to help small businesses thrive and grow in
the City. Her interest in the
small business community is
economically based­— because
small businesses have historically provided the majority of
jobs for New Yorkers and are
a gateway to the middle class,
especially for immigrants and
ethnic communities.
Borough President Brewer
informed the assembled group
Manhattan Borough President
Gale Brewer
Continued on page 13
t
Want a Better Work/Life Balance? Take Our Survey to Help!
From the Office of New York City Comptroller Scott M. Stringer
W
e are excited to invite the Diamond
District community to participate
in an important survey focused on workplace scheduling issues, and the ongoing
challenge of balancing work and family.
We need as many New Yorkers as possible
to fill out this survey—from all walks of
life, across all industries and professions.
Please go to the following website for
the survey, https://www.surveymonkey.
com/r/QMRTFPJ, the results of which
will be kept anonymous. It should not
take more than a few minutes.
Through this survey, we hope to gain
better insight into how flexible work arrangements are being used by businesses
throughout the five boroughs, and to
determine public opinion on matters
ranging from paid family leave to advance
notification of schedules. The tool was
developed with A Better Balance, and
our growing list of partners now includes
Retail Action Project, Planned Parent-
hood NYC, National Organization for
Women- NYC, Women’s City Club, and
PowHer NY, with more to come.
NYC Comptroller Scott M. Stringer
As you may know, last year my office
issued a report titled “Families and Flexibility: Reshaping the Workplace for the
21st Century” focused on the challenge
faced by working families in today’s
economy. That report addressed flexible
work arrangements and proposed “right
to request” legislation. We followed up
TO TAKE THE SURVEY GO TO: https://www.surveymonkey.com/r/QMRTFPJ
that report with a conference in September featuring Anne-Marie Slaughter and a
series of community advocates, business
owners, and thought leaders to discuss
how to address both flexible workplaces
and other issues of importance to middle
class New Yorkers—such as advanced
notification of scheduling.
This survey is the next step in our effort to get fair schedules for all, because
work and home life are complementary
and not competing interests.
If you have any questions about the
survey, please contact Sally Frank at the
New York City Comptroller’s Office.
She can be reached at 212-669-7112 or
[email protected].
Thank you for your support in this effort.
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1287904
Legislative Update
New York Enrolled in the
National Popular Vote
Compact
A bill signed into law by Governor Cuomo enrolled New York State
into the National Popular Vote Compact. The goal of the compact is to
render the 226 year old Electoral College meaningless in the selection
of presidents — without having to go through the laborious process of
amending the United States Constitution.
All states who pass this legislation agree to cast their electoral votes for
whoever wins the national popular vote — regardless of which candidate
wins the vote in that state. If enough states pass this legislation and
join the compact it will make the Electoral College moot. New York
was the 11th region to join the compact. This means the compact now
has 165 of the required Electoral College votes of the 270 votes to elect
a president. In addition to New York the following regions have also
signed the compact; Vermont, Washington D.C., Maryland, Illinois,
New Jersey, Massachusetts, California, Hawaii, and Rhode Island.
DIAMOND DISTRICT MONTHLY
580 5th Avenue, Suite 323
New York, NY 10036
Michael Grumet, Publisher
[email protected]
O.O. Barrett, Editor
In all of American history only three times have the losers of the nationwide popular vote won the Electoral College vote and gone on to
serve as president of the United States; in 2000 George W. Bush, in 1876
Rutherford B. Hayes, and in 1888 Benjamin Harrison. In 1824 John
Quincy Adams lost the national popular vote and tied in the Electoral
College vote, so as specified in the US Constitution he was elected by
a vote of Congress.
Natalia Cheviakova, Administrative Director
[email protected]
The 2000 election was the most recent incident of a candidate winning
the presidency by receiving the greatest number of electoral votes while
losing the popular vote, but this scenario has played out in our nation’s
history before.
Michael Mitchell, Art Director
[email protected]
Bernard Rapaport, Advertising Sales
[email protected]
P: 212-302-5690 F:212-302-7835
The Diamond District Monthly is
published monthly by the 47th Street
Business Improvement District.
DIAMOND DISTRICT MONTHLY JULY 2015 3
LAW OFFICES OF
LEONARD M. WEINER LLC
206 East 38th Street
New York, New York 10016
Telephone (212) 370-1660;
Fax (212) 370-1669
E-Mail: [email protected]
Do you manufacture jewelry for the trade?
Do you provide mountings to the trade?
Do you provide loose diamonds to the trade?
Do you provide loose precious stones to the trade?
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services we provide, visit us on the web at:
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4 JULY 2015 DIAMOND DISTRICT MONTHLY
Executive Committee
Harvey Nagin – Nagin Jewelry
President
Steven Grauer – Gold Art 18 KT LLC
Chairman
Michael Toback – Myron Toback Inc.
Vice Chairman
Dennis Marlow – Solitaire Creations Secretary
Robert Hadi – ABS Partners Real Estate, LLC
Treasurer
Richard Winick – Manny Winick & Son
Ken Kahn – KenArt Realties
Richard Friedman – I. Friedman & Sons
Ronnie VanderLinden – Diamex Inc.
Jeffrey Mordekai – Petra Jewelers Board Members
S. David Belsky – S.D.Belsky Associates
Chair Audit Committee
Jay Holzer – Dyckmans Chris Ipek – Altin Realty
Raizy Haas – Extell Development Corp.
Lucy Orozco – Valley National Bank
Matt Selig – Leo Ingwer
John Kocak – Unique Settings
Yale Zoland – Zoland’s
Danielle Azeroual – Premier Realty
Adnan Aydin - Futurama Jewelry Exchange
Jack Elo – The Elo Group
Moris Yero Shalmi – ABC
Marc Beznicki – Kingmark Jewelers
Alon Mor – Mor Diamonds
Jules Fleischer – Jewelry by Alexander
Sammy Abramov – AA Pearl
Michael Oistacher – Manhattan Gold & Silver
Isaac Chetrit – Yadidi Group
Sunny Yung – Central Management Corp.
Memhet Gulay – City Property Development
Adam Abramson – Abramson Brothers
Bill de Blasio – Mayor
Scott Stringer – New York City Comptroller
Gale Brewer – Manhattan Borough President
Daniel Garodnick – Council Member
John Glaister – Resident
Reuven Kaufman – Diamond Dealers Club
STAFF
Michael Grumet – Executive Director
Natalia Cheviakova – Administrator Director
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ADT150023_en_0415_DDD_DiamondDistrict_May_v3.indd 1
New York Education
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New York, NY 10036
T +1 800 366 8519 T +1 212 944 5900
F +1 212 719 9563
E [email protected]
www.gia.edu
4/22/15 11:54 AM
DIAMOND DISTRICT MONTHLY JULY 2015 5
Fine
Jewelry
Market
Italy
2013 to 2014
(% Change in value of U.S. exports, HS Code 7113 articles of jewelry & parts, of precious metal or clad)
TOTAL
82%
711319—JEWELRY AND PARTS THEREOF; OF OTH PRECIOUS METAL*
85%
711311—JEWELRY AND PARTS THEREOF; OF SILVER*
-23%
711320—JEWELRY AND PARTS; BASE METAL CLAD W PREC METAL
444%
YTD Export Value of HS 7113
Item
YTD 2012
YTD 2013
YTD 2014
TOTAL
32,275,674
24,896,833
51,524,856
711319—JEWELRY AND PARTS THEREOF; OF OTH PRECIOUS METAL*
31,714,381
23,861,806
50,451,363
711311—JEWELRY AND PARTS THEREOF; OF SILVER*
517,768
1,006,450
910,255
711320—JEWELRY AND PARTS; BASE METAL CLAD W PREC METAL
43,525
28,577
163,238
Value in mllions of US Dollars
60
50
$51,524,856
YTD EXPORT VALUE OF HS 7113
40
YTD 2012
30
20
$32,275,674
YTD 2013
$24,896,833
YTD 2014
10
0
f US Dollars
* HTS 711319
30 (Jewelry and parts thereof; of precious metal excluding silver) made up 73.5% of export value in Year to Date of 2014.
HTS 711311(Jewelry and parts thereof; of silver) made up 25.96% of export value in Year to Date of 2014.
$288,605,123
For more information about selling overseas please visit the U.S. Department of Commerce website www.export.gov
25
6 JULY 2015 DIAMOND DISTRICT MONTHLY
20
ANNUAL EXPORT VALUE OF HS 7113
Value in mllions o
YTD 2012
30
$32,275,674
YTD 2013
$24,896,833
20
Fine
Jewelry
0Market
10
YTD 2014
Italy
Value in mllions of US Dollars
30
$288,605,123
25
ANNUAL EXPORT VALUE OF HS 7113
20
2012
15
$148,767,371
$158,778,327
2013
2014
10
50
0
ANNUAL Export Value of HS 7113
Item
2012
2013
2014
TOTAL
148,767,371
158,778,327
288,605,123
711319—JEWELRY AND PARTS THEREOF; OF OTH PRECIOUS METAL*
145,094,395
153,340,228
282,964,338
711311—JEWELRY AND PARTS THEREOF; OF SILVER*
3,371,881
5,124,515
3,933,649
711320—JEWELRY AND PARTS; BASE METAL CLAD W PREC METAL
301,095
313,584
1,707,136
Trade Shows in ITALY
Name
Date
Link
Description
Fair of Shell
July 4-5, 2015
http://10times.com/fair-shell FAIR OF SHELL is a 2 day event being held July 4th and 5th
2015 at the San Mauro Pascoli (FC) Center in Flori, Italy.
The event showcases a wide range of products including
furniture, rugs, paintings, textiles, sports memorabilia,
toys, grandfather clocks, antique maps, etc., as well as
various items from the gems & jewelry industry.
Vienzaoro First
September 5-9,
2015
http://10times.com/vicenzaoro-first
Vienzaoro First is a 5 day event being held from September
5th to the 9th 2015 at the Fiera di Vicenza in Vicenza, Italy.
This event showcases products from the gems & jewelry,
gifts & handicrafts, and lifestyle & fashion industries.
Roma Sposa
October 1-4, 2015
http://10times.com/romasposa
Many exhibitors will participate in Roma Sposa from
throughout Italy and overseas, with a focus on linked industries including wedding planners and beauticians. The
exhibitions will include jewelry, watches, books, bridal accessories, catering and banquet services, clothes, decorative products, beauty and hair care products, honeymoon
destinations, airlines and travel services, etc.
*HTS 711319 (Jewelry and parts thereof; of precious metal excluding silver) made up 73.66% of export value in 2014.
HTS 711311(Jewelry and parts thereof; of silver) made up 25.69% of export value in 2014.
For more information about selling overseas please visit the U.S. Department of Commerce website www.export.gov
DIAMOND DISTRICT MONTHLY JULY 2015 7
Tremendous Increase In Point of Sale
Malware: A Threat To 51.2 Million
Point of Sale Devices in Current Use
S
ecurity breaches have occurred in such well
known commercial enterprises as, Staples,
Michaels Stores, Target, Neiman Marcus, PF
Chang ’s, and Home Depot. These businesses
have all become victims of point of sale (POS)
security breaches which targeted consumer payment card data. POS attacks take place mostly as
a result of malware infections. Malware families
of viruses have come into existence; Alina ,
BlackPOS , Dexter, POSCardStealer, vSkimmer,
ProjectHook, and many others. Often these malware can be purchased online. As reported in the
2014 Verizon Data Breach Investigations Report
(DBIR), 198 total incidents related to POS intrusions were reported. It has been posited that by
the end of 2015 the total number of POS related
security breach incidents with confirmed data
8 JULY 2015 DIAMOND DISTRICT MONTHLY
exposure will hit 600.
Smaller businesses that usually do not have
dedicated information security staff to help protect their retail environments are at the greatest
risk of suffering a malware breech of their data.
Malware attakcks can be specifically targeted by
deploying difficult to detect customized malware
that use lateral movement to evade detection. Industry leaders such as Bit9 + Carbon Black , Check
Point Systems, Cisco, Intel Security, Ingenico,
VeriFone, Trend Micro, Symantec, Juniper
Networks, Fortinet, HP, Palo Alto Networks, Dell
SecureWorks all offer innovative and interesting
security solutions aimed at the POS market.
For a small business which uses a POS system
it is worth exploring the options to secure your
customers’ data.
More Computer Security for Jewelers
Microsoft’s “Hello” Answer to Biometrics
P
ublished reports from Microsoft state that the company has
joined in to the industry trend and has decided to incorporate
biometrics to a much greater degree than what existed previously
in their products. The “Windows Hello” feature in the upcoming Windows 10 (which is reported to launch in July 2015) will
incorporate a biometrics security component. “Windows Hello”
will feature fingerprint authentication built on a foundation of
NEXT Biometrics’ fingerprint sensor drivers, and iris and face
authentication supported by Intel’s RealSense 3D Camera F200.
Microsoft has also incorporated “Passport” security feature (also
available on Windows 10), hoping to diminish the hacker-prone
targets for network users. This will make jewelers’ computer security systems more secure. Only the people deemed appropriate
by you will be given access to your records.
“Passport” will be a programming system featured on Windows
10, developed according to the UAF (Universal Authentication
Framework) FIDO technical specifications, it will allow IT personnel, software engineers, and developers to securely authenticate to
networks, applications, and software without the use of password
authentication. This means that network servers will not have
a password trail which could be compromised. While that is a
Microsoft has decided to incorporate biometrics with its “Windows
Hello” feature.
prudent move for Microsoft, it will be worth watching how their
development team will tackle the biometric security issues when
(or if) they arrive.
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DIAMOND DISTRICT MONTHLY JULY 2015 9
JULY 24-27, 2015
M E T RO P O L I TA N PAV I L I O N
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10 JULY 2015 DIAMOND DISTRICT MONTHLY
ATM Skimming Device Found at
Hotel by Diamond District
A
hotel located near the
Diamond District found
a skimming device on their
ATM. Skimming devices capture ATM card information
and are used by criminals to
then make illegal withdrawals from the bank account
of the card owner. Please be
aware that this type of theft
is on the rise and you can prevent yourself from becoming
a victim.
To inspect your ATM, please
check the card reader by giving it a tug to see if it feels
loose or out of place. Be
suspicious if you see anything
loose, crooked or damaged, or
notice scratches or adhesive
tape/residue. Cover the keypad with your free hand when
you enter your personal code.
This will prevent the filming
of your codes.
Be aware of “Money Trapping ” where the criminal
attaches a device to the cash
dispenser “trapping ” the
customers’ money and retrieving it after the customer
leaves the ATM area.
If the card isn’t returned
after the transaction or after
hitting “cancel,” immediately
contact the financial institution that issued the card.
With skimmer off
Pinhole camera
ATM panel before skimming
device is attached
Skimming device housing camera with pinhole
camera shown
With skimmer on
ATM panel after skimming
device was attached
Skimming housing device cover ( backside)
DIAMOND DISTRICT MONTHLY JULY 2015 11
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Manhattan Borough President Gale Brewer
that, “Over the past few years, however, the
future of the city’s small businesses—and
specifically street-level retail stores and
restaurants—has begun to look murky. High rents, corporate competition, and
real estate development deals are creating
challenges over and above the ones small
businesses typically face.” She continued by
saying that,” Supporters of small businesses
note that commercial landlords regularly
try to evict small businesses to make space
available to corporate franchises or a national bank which has the deep pockets and
ability to pay higher rents. Vast stretches
where mom-and-pop stores once prevailed
have disappeared from Clinton and Chelsea to Little Italy and the Bowery. Empty
storefronts persist for weeks, months and
even years, and more and more street
corners are claimed by major banks and
corporate chains.”
Ms. Brewer made four recommendations to help small businesses: l) Have
government help small businesses cope in
the current real estate market. 2) Improve
government interaction with small businesses. 3) Reform the city’s Commercial
Rent Tax w
­ hich unfairly targets only commercial businesses below 92nd Street in
Manhattan. 4) Maximize resources among
government agencies. To obtain the entire report, contact:
Gale A. Brewer, Manhattan Borough
President, 1 Centre Street, New York, NY
10007, (212) 669-8300.
After Ms. Brewer’s presentation, a
lively discussion ensued — with the main
complaint expressed from the commercial
tenants in the District being that after
many years of successful operation of a
business in one location many property
owners have recently given notice to tenants that the tenant must vacate their
space in sometimes as little as 30 days. Ms.
Brewer’s legislation would require much
more lenient tenant notification terms
and also call for mediation in the case of
commercial rent increases. Commercial
Continued from Page 1
tenants also complained that their square
footage was often recalculated much to
the property owners benefit without a
standard form of calculation, which left
them no recourse to challenge a higher
rent based on a newly declared larger
square footage of the commercial unit.
Another complaint lodged to the Borough President by the commercial tenants
was the City’s reissuance of licensure to
comply with laws requiring repairs to facades but no requirement that the repairs
be done in a timely manner.
Borough President Brewer took copious
notes from the commercial tenants present and promised to take their concerns
into consideration in the legislation that
is being formed. She also promised to
continue the dialog with the Diamond
District Community and use her powers
to help this iconic economic engine of
New York City retain its vibrancy and
importance as a manufacturing, retailing,
wholesaling and exporting center.
DIAMOND DISTRICT MONTHLY JULY 2015 13
Jewelry
Save the Date:
Career Fair
GIA’s Jewelry Career Fair Returns to New York
Connecting talent with opportunity, July 27
WHO:
GIA (Gemological Institute of America)
WHAT:
GIA’s Jewelry Career Fair, the gem and jewelry industry’s largest recruiting event,
will return to New York’s Javits Center on Monday, July 27 from 8 a.m. to 1 p.m. Representatives from gem and jewelry companies – ranging from marketing and sales to
design and manufacturing – will be looking to hire hundreds of skilled and motivated
professionals at every career stage. The event is free and open to job seekers.
An opening panel presentation, “Job Success in Today’s Market,” will be moderated
by Susan Jacques, GIA’s president and CEO, and feature Jeremy Dunn of The Rephinery; Rhonda Edelman of Tiffany & Co; Myriam Gumuchian of Gumuchian; Michael
O’Connor of Style & Substance, Inc; and Lee Siegelson of SIEGELSON.
Employers interested in recruiting at this year’s Career Fair should contact GIA’s
Career Services office at (800) 421-7250 ext. 4100, or email [email protected].
Recruiter registration will open soon.
WHEN:
Monday, July 27
8:00 a.m. to 1 p.m.
*Recruiting begins at 10:15 a.m.
WHERE: Javits Center
1E Hall
655 West 34th Street
New York, NY 10001
MORE:
GIA, creator of the famous 4Cs of diamond quality (Color, Cut, Clarity and Carat
weight) and the International Diamond Grading System™, has educated more than
350,000 gem and jewelry professionals worldwide.
The 84-year old nonprofit institution is dedicated to ensuring the public trust in diamonds,
gemstones and pearls through education programs, laboratory services and research discoveries.
GIA has graded some of the world’s most famous diamonds and gemstones, including the Hope
Diamond, Taylor-Burton Diamond and Centenary Diamond.
GIA hosted its first Jewelry Career Fair in 1991 in Santa Monica, Calif. Since then, the event has
expanded and linked gem and jewelry companies with future employees at more than 50 events
in India, and in Las Vegas, New York and the GIA world headquarters in Carlsbad, Calif.
Follow @GIANews #JewelryJobs for updates.
14 JULY 2015 DIAMOND DISTRICT MONTHLY
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50 Established Jewelers demonstrate their creations at
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66 West 47th Street, New York, NY 10036
FINEST QUALITY GOLD, PLATINUM, SILVER & WATCHES
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