Daring Diamond Heist in NYC

Thieves make off with over $500,000 in watches and jewelry, then melt into parade crowd in New York City.
1:40 | 11/13/14

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Transcript for Daring Diamond Heist in NYC
and to that brazen heist. Well-dressed thieving striking in broad daylight. Making off with more than a half million worth of watches and jewelry. Tonight, police scouring the new surveillance tape for clues and ABC's Tom llamas has late details. Reporter: The nypdarmor. Assault weapons drawn. Hunting down two jewel thieves in Manhattan's diamond district. Police clearing the building. Workers marched out with their hands up. Nobody expects a robbery like this. Everybody's got interlocking doors. There's security everywhere. Reporter: Tonight, investigators pouring over surveillance videos, looking for this man in the suit and tie. They think he was buzzed up to the 8th floor jewelry shop, posing as a currier, asking for the owner by name. This man, cops believe, was the lookout. The crime, fast and well planned. The haul? More than half a million dollars. Most of what's stolen was high end watches. Watches just like the ones you see here. This watch right here, $30,000. This one, close to $40,000. And this one, mrs number with diamonds -- $72,000. Police taking their search to the roof sources tell ABC news the men likely didn't exit from the roof. Vanishing into crowds gathered for the veterans day parade. They had a great knowledge of the situation. They cased this place prior. They came in boldly, they came in comfortably. Reporter: Police think their ultimate escape route? Blending in with the masses on the New York City subway. Tom llamas, ABC news, New York.

This transcript has been automatically generated and may not be 100% accurate.

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