The Diamond District is a commercial stretch between Fifth and Sixth avenues in Midtown Manhattan, encompasses only nearly one block. Until the 1920s, New York’s diamond epicenter was Maiden Lane, four blocks north of Wall Street. The new Diamond District was formed when dealers moved north from an earlier district near Canal Street and the Bowery that was created in the 1920s, and from a second district located in the Financial District, near the intersection of Fulton and Nassau streets, which started in 1931, and also from the at one time jewelry district of Maiden Lane, which had existed since the 18th century.