Drossman Jewelry

Drossman Jewelry is a family-owned and operated jewelry business located on the Bowery off Canal Street in the original diamond district, formerly known as the "Paramount Diamond Exchange". Our story began in 1937 when our "Papa" Eddie founded the business. After Papa Eddie's sudden passing in 1971, our "Mama" Anne took over the reins and, with the support of fellow jewelers from "the Exchange", not only maintained but also built Drossman Jewelry into a thriving marketplace. In the late 1970s, our daughter, Phyllis, and daughter-in-law, Ellen, began helping out and continued the tradition set by Mama and Papa - working closely with dedicated customers, many of whom remain with us to this day.

In the early 2000s, the Paramount Diamond Exchange, which had existed on the corner of the Bowery and Canal Street since 1935, was to be replaced by a bank. The many second-generation jewelry businesses were forced to move. Ed Drossman, grandson of Papa Eddie and his namesake, was Drossman Jewelry's resident Public Relations adviser at the time and got remarkable press about this move. Below is a photo of Ellen and Phyllis pretending to move their safe into the new space at 82 Bowery. And here are Ellen and Phyllis now, in Drossman Jewelry's new home at 82 Bowery.

Our Services

At Drossman Jewelry, we offer a wide range of services including custom designing jewelry, redesigning existing pieces, and providing expert knowledge about diamonds. Our grandmothers, mothers, and aunts treat our customers and their families as our own, ensuring a warm and personalized experience. We would be happy to explore your ideas or show you some of our own custom designs. Feel free to reach out to us via email or phone to discuss what you are looking for.

What We Do

We specialize in creating unique and beautiful pieces of jewelry, including engagement rings, wedding bands, pendants, earrings, and bracelets. Our designs are made with the finest materials and crafted with exceptional skill and attention to detail. We also offer repair and appraisal services for your existing jewelry pieces. Whether you're looking for a custom piece, a redesign, or simply some expert advice, we are here to help.

Our Story

Our story began in 1937 when our "Papa" Eddie founded Drossman Jewelry in the Paramount Diamond Exchange on the Bowery and Canal Street, in the original diamond district. After Papa Eddie's sudden passing in 1971, our "Mama" Anne took over the reins and, with the support of fellow jewelers from "the Exchange", not only maintained but also built Drossman Jewelry into a thriving marketplace. In the late 1970s, our daughter, Phyllis, and daughter-in-law, Ellen, began helping out and continued the tradition set by Mama and Papa - working closely with dedicated customers, many of whom remain with us to this day.

In the early 2000s, the Paramount Diamond Exchange, which had existed on the corner of the Bowery and Canal Street since 1935, was to be replaced by a bank. The many second-generation jewelry businesses were forced to move. Ed Drossman, grandson of Papa Eddie and his namesake, was Drossman Jewelry's resident Public Relations adviser at the time and got remarkable press about this move. Below is a photo of Ellen and Phyllis pretending to move their safe into the new space at 82 Bowery. And here are Ellen and Phyllis now, in Drossman Jewelry's new home at 82 Bowery.