NYC's Fifth Avenue Named World's Most Expensive Shopping Area

Space on Upper Fifth Avenue, between 49th and 60th streets, garners some of the highest average rents, according to a report by Cushman & Wakefield Plc. The area’s resilience during the pandemic downturn, coupled with the strength of the US dollar, helped the corridor bounce to the top of a list of shopping districts across the world.

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NYC's Fifth Avenue Named World's Most Expensive Shopping Area

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Fifth Avenue Most Expensive Retail Location in the World