Jack Sutton Fine Jewelry is closing its store inside the downtown shopping center after 40 years in business.
Arrest made in hit-and-run death of jeweler
Police are charging a 46-year-old MTA train operator with murder and manslaughter in the death of Aron “Eric” Aranbayev, a jeweler in New York’s Diamond District.

New York--Police have made an arrest in the hit-and-run death of 40-year-old Aron “Eric” Aranbayev, a Diamond District jeweler known for selling high-end pieces to singers, athletes and other celebrities.
The Queens District Attorney’s Office announced Thursday that 46-year-old Charles Jordan of Valley Stream, Long Island faces charges of second-degree murder, first-degree manslaughter, fourth-degree criminal possession of a weapon and leaving the scene of an incident without reporting a death in the murder of Aranbayev.
The accused allegedly ran over the jeweler with his Dodge Magnum after the two got into a verbal argument on the night of July 19 in the Forest Hills section of Queens.
Aranbayev, a father of four young children, was outside his home when he was struck. He was taken to the hospital, where he died on July 20.
“The victim didn’t have a chance,” Queens District Attorney Richard A. Brown said in the statement released Thursday. “He was allegedly brutally rammed by a 1,000-plus pound high-speed vehicle that violently threw him to the ground … This was a senseless, violent death that could have easily been prevented.”
Aranbayev opened Rafaello & Co., a jewelry store located in Manhattan’s Diamond District, in 2009 with his father Rafael Aranbayev and cousin Gabriel Jacobs.
The company has sold jewelry to and dressed many high-profile clients over the years, including Carmelo Anthony of the New York Knicks, musicians Drake, Chris Brown, Jay-Z and Alicia Keys, and the Saudi royal family, according to the timeline on its website. Following Aranbayev’s death, a number of celebrities used social media to express their sorrow over the loss of the jeweler.
On Thursday, Rafaello & Co. posted a screen shot of a news story on Jordan’s arrest on its Instagram account and thanked the community for its support and the NYPD for its hard work, though the post noted that the arrest would not “bring my brother back.”
The Latest

Reena Ahluwalia’s painting of the rare red diamond is the first contemporary painting to join the National Gem Collection.

The price of gold has risen, affecting the number of pieces designers make, the materials they use, and how they position themselves.

With the trade and customer trust in mind, GIA® developed NextGem™ – on-demand training designed specifically for retail.

Peter Smith gives tips on leading meetings, developing marketing, and making trade show appointments in the age of short attention spans.


The 11-piece “Medallions” capsule collection features five motifs: a crying eye, a heart on fire, a spiral, a flower, and a swallow.

From Gen Z’s view of luxury to “doom spending,” these are the six consumer trends to note this year.

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

The partners have announced the second cycle of the program, which has expanded to include a $25,000 student scholarship.

The owners of Staats Jewelers are heading into retirement.

Jeffrey Gennette, who retired in 2024 after 41 years with Macy’s, is the newest member of the jewelry retailer’s board of directors.

May babies are lucky to have emeralds, a gemstone admired for centuries, as their birthstone, writes Amanda Gizzi.

The new module allows retailers to plan, promote, and measure the success of events from a single dashboard.

NDC said in an open letter that Pandora’s statements about the carbon footprint of lab grown versus natural diamonds are inaccurate.

The diamantaire and industry leader succeeds Feriel Zerouki and said he will focus on being a “champion” for natural diamonds.

She wore our Piece of the Week, Glenn Spiro’s “Old Moghul Golconda” earrings, featuring fancy brown-yellow diamonds totaling 51.90 carats.

Two pieces were named “Best in Show,” one from the retail category and one from the supplier category.

The jewelry retailer noted resilience among its higher-end customers while demand softened for its lower-priced offerings.

Led by the 6.59-carat sapphire, the sale garnered $9.7 million, a record total for a Heritage jewelry auction.

In his new role, sales specialist Billy Welshoff will focus on the eastern United States.

José Gaztelu has been promoted to the role, which has been vacant since last year.

It has also opened the application period for the Seymour & Evelyn Holtzman Bench Scholarship through June 30.

The owner of the Ekati mine, which opened in 1998, has filed for insolvency protection amid the significant decline in diamond prices.

The company announced the change alongside its Q1 results, which showed that the jewelry brand’s year is off to a shaky start.

The retailer will cut 16 percent of its corporate workforce as part of its plan to exit bankruptcy.

Of the many examples used in the filming of “Le Mans,” this one is believed to have spent the most time on Steve McQueen’s wrist.

Megan Piccione dressed Lauren Wasser in layers of diamond jewelry, making her stand out in a crowd that included celebrities like Beyoncé.






















