Category Archives: Bet On Crazy

May Day

May Day 2014 I was sitting at my desk in the Fort Greene observatory. I knew today was an important labor holiday, but I wish that I was working and said so yesterday to my old boss from the Diamond District. “I wish I could give you a job, but there’s no business.” said the […]

THE EXTERMINATING ANGEL OF PASSAICH by Peter Nolan Smith

When Cecil B. DeMille’s THE TEN COMMANDMENTS was released in 1956 and its box office success earned the cinematic retelling of Exodus over $180 million dollars. In 1962 Paramount Pictures re-released the film for screenings at drive-ins across the nation and my father loaded my brothers and sisters into our Ford station wagon to view […]

HELLBOUND by Peter Nolan Smith

TS Eliot wrote that April was the cruelest month of all in his epic poem THE WASTELAND. Those words rang harsh and true in 2011, as Passover and Easter combined to devastate business in the Diamond District. On Good Friday I waited for two customers to come back as promised. I had three Burma sapphires […]

QUEEN OF THE PLAZA by Peter Nolan Smith

St. Patrick’s Day promised to be another disaster for the Retail Collection of the Plaza Hotel. Hordes of green-clad spectators streamed down the escalator into the basement. Their eyes averted the luxury goods on offer, as their destination was the hotel’s public bathroom. Within the first hour I had given directions to the toilet over […]

St. Valentine’s Day Massacre / BET ON CRAZY by Peter Nolan Smith

Every Valentine’s Day diamond dealers and jewelers on 47th Street anticipated a winter spending spree by lovers for their loved ones, but each year of the 21st Century the sales numbers dropped drastically, as the economic downturn cut into everyone’s surplus, but the rich. Valentine afternoon in February 2011 shoppers crammed the chocolatiers along 5th […]