Gothamist
A non-profit newsroom, powered by WNYC.
Gothamist
Listen Live
News
Armed Jewel Thieves Still At Large After Stealing $2 Million In Jewelry From Diamond District Store
By
Rebecca Fishbein
Published Nov 12, 2014
Modified Nov 12, 2014
Share
FacebookTwitterRedditEmail
Never miss a story
Email address
By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .
Getty
By
Rebecca Fishbein
Published Nov 12, 2014
Modified Nov 12, 2014
Share
FacebookTwitterRedditEmail
We rely on your support to make local news available to all
Make your contribution now and help Gothamist thrive in 2026. Donate today
Gothamist is funded by sponsors and member donations
The NYPD has still not caught two men they believe stole $2 million worth of jewelry from a store in the diamond district yesterday afternoon, even after officers executed a manhunt on 47th Street that lasted for several hours.
According to police, the one suspect, posing as a delivery man, was buzzed into the Watch Standard Jewelry store on the eighth floor of 23 West 47th Street at around 2:29 p.m. yesterday, while his accomplice kept lookout downstairs. The suspect then brandished a gun, according to authorities, and demanded the four employees in the store hand over jewelry and property from a safe on the premises.
Police say the employees were complying with the thief when 56-year-old Boris Mikhaylov, the father of the store's owner, walked in—the suspect allegedly then pistol-whipped him and gave him a minor injury. Then he and his accomplice fled, taking an undetermined amount of jewelry, watches and money with them.
Officers believed the suspects were still in the building after the robbery, evacuating workers and asking employees in neighboring buildings to stay inside. SWAT teams, K-9 units, helicopters and the NYPD emergency service unit were on the scene. "All of a sudden, the SWAT team had guns drawn, and they were screaming to get out,” Tony Jabaly, who works at 23 West 47th Street, told the Post. “They went through the entire building looking for the guys."

Suspect #2 (left) and #1 (right), courtesy NYPD
Still, police were unable to apprehend the suspects. Mikhaylov was treated at a nearby hospital and released. "He wasn’t hit that hard, he’s fine,” his son and the store's owner, Danny Mikhaylov, told The Post. “Everybody’s fine, no one’s hurt." He estimates about $2 million worth of jewelry was stolen.
According to the NYPD, the first suspect is a black male who is around 6 feet tall and in his 40s, wearing a dark trench coat, light colored slacks and tweed-colored Kangol hat. The second suspect is described as a tall black male in his 30s, wearing a red baseball cap, True Religion jeans, a black zipper hoodie, and black sneakers.
Anyone with information in regards to this robbery is asked to call the NYPD's Crime Stoppers Hotline at 800-577-TIPS. The public can also submit their tips by logging onto the Crime Stoppers Website at WWW.NYPDCRIMESTOPPERS.COM or texting their tips to 274637(CRIMES) then enter TIP577.
Tagged
diamond district
diamond thieves
manhunt
midtown
nypd
Rebecca Fishbein
Read more
Gothamist is funded by sponsors and member donations
Gothamist is funded by sponsors and member donations
MORE news
Man shot and killed on Midtown subway platform Saturday afternoon, NYPD says
Police said they're searching for a person of interest.
By
Ryan Kost
and
Elizabeth Kim
Published Oct 17, 2026 at 1:16 p.m. ET
Modified Oct 17, 2026 at 4:10 p.m. ET
Have you seen this Yorkie? NYPD looking for adorable pup dognapped from her Queens home
Suspects were driving a Subaru Forester, police said.
By
Ryan Kost
News
Have you seen this Yorkie? NYPD looking for adorable pup dognapped from her Queens home
Suspects were driving a Subaru Forester, police said.
By
Ryan Kost
Being reigning champions is weird for Knicks fans, but we could get used to this.
By
Catalina Gonella
Tompkins Square Park is getting a makeover. Some say it's too much.
By
Willow Higgins
Deer are all over New Jersey roads looking for sex, state officials warn
By
Rosemary Misdary
Never miss a story
Catch up on the most important headlines with a roundup of essential NYC stories, delivered to your inbox daily.
Sign upEmail address
By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .