Business & Tech

Century-Old, Family-Owned Wallach Jewelry Designs To Close Its Doors

They started in Manhattan's Bowery District in 1916, relocated to 47th St. in the '50s, to Eastchester in the '60s, & to Larchmont in 1997.

Larchmont will soon lose one of its most iconic businesses.
Larchmont will soon lose one of its most iconic businesses. (Wallach Jewelry Designs)

LARCHMONT, NY — Retirement is a cause for celebration, but in this case, the Sound Shore will lose a beloved institution.

The resulting "Retirement Sale," however, does offer some consolation.

Wallach Jewelry Designs, a family business spanning three generations, began in 1916 with Frank Wallach in Manhattan's Bowery district, before eventually making its way to Westchester County. However, the current owners, Steven and Gina Wallach, felt the time was right to close the store and move into the next chapter in their lives.

Find out what's happening in Larchmont-Mamaroneckfor free with the latest updates from Patch.

The Wallachs are holding a retirement sale, featuring discounts on high-end jewelry, including engagement rings, wedding bands, earrings, bracelets and pendants. Giveaways and raffles are also planned during the sale, as a bittersweet reminder that this is, after all, a cause for celebration.

"We'll have a wide-ranging inventory of one-of-a-kind jewelry pieces for sale," Gina Wallach said. "Our collection is unique, fashion-forward, and not what you'd find in commercial jewelry chains."

Find out what's happening in Larchmont-Mamaroneckfor free with the latest updates from Patch.

While the physical storefront will be closing, the Wallachs say that they aren't stepping away from the community. They are grateful for the support of their customers, many of whom have become good friends. (Wallach Jewelry Designs)

The Wallachs have built a reputation for choosing each unique piece in their inventory of gold, platinum, diamonds and gemstones, pearls, designer sterling silver, and gift items.

For many customers, including celebrity clients, Wallach Jewelers is more than just a store. It's a place where they feel at home. A big bowl of candy greets customers as they enter. The Wallachs say that a foundation of integrity and exemplary personal service is a major part of their formula for success.

And that commitment will be missed.

"When you walk through our doors, you're part of the family," Gina says. "We want everyone to feel welcome, whether they've shopped with us for years or it's their first time. And yes, there will be plenty of candy during the sale!"

The Wallachs have served generations of families at the store.

"One of our greatest joys has been helping multiple generations of shoppers find the perfect engagement rings, anniversary gifts, and milestone pieces," she said. "It's been an honor to be part of their stories."

Steven Wallach's grandfather, Frank Wallach, founded the store in 1916 in Manhattan's Bowery district, which was a bustling jewelry hub at the time. In the late 1950s, his sons Sidney and Irving Wallach relocated the business to 47th Street. By the mid-1960s, they shifted their focus to suburban stores in Manhasset and Eastchester, where they built a strong community presence.

In the early 1980s, Steve Wallach joined the business after earning his graduate gemologist degree from the Gemological Institute of America (GIA). The store built a reputation for fine quality and exceptional service. When Sidney Wallach retired in 1996, Steven and Gina Wallach opened Wallach Jewelry Designs in Larchmont in 1997.

While the physical storefront will be closing, the Wallachs say that they aren't stepping away from the community. They are grateful for the support of their customers, many of whom have become good friends.

"We want people to remember us not just for the jewelry but for the warmth, the laughter, and the relationships we've built," she said. "We can't wait to see everyone and celebrate together."

Wallach Jewelry Designs is located at 1953 Palmer Ave., in Larchmont. Find more information on their website or call 914-833-0665.

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