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Old 10-12-2007, 12:04 PM
 
Location: Los Altos Hills, CA
36,659 posts, read 67,526,972 times
Reputation: 21239

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http://www.nypost.com/seven/10052007/photos/news003.jpg (broken link)

FIFTH 1ST IN $HOPS
AVE. HAS HIGHEST RENT
By MARK JOYELLA

October 5, 2007 -- Rodeo Drive? Puh-leeze!

The country's far-and-away leader in elite retail remains Manhattan's Fifth Avenue, by a $7 million mile.

Real-estate firm Colliers International ranked the most expensive shopping streets in the United States by price paid per square foot, and Fifth Avenue took top honors, with an average rent of $1,350.

Moderator cut: do not repost copyrighted articles

Last edited by Yac; 12-13-2007 at 05:54 AM..
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Old 10-12-2007, 12:12 PM
 
Location: LaSalle Park / St. Louis
572 posts, read 1,995,718 times
Reputation: 268
Rent is determined by market forces. So yes NYC will be more expensive than Chicago. But I think that 5th ave has the most expensive stores. Especially for me when my wife goes into those stores.
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Old 10-12-2007, 12:27 PM
 
2,247 posts, read 7,029,877 times
Reputation: 2159
Wow, 5th Avenue is waaaay up there.

I've shopped on Michigan Avenue more times than I can count (thankfully my income is comfortable enough to the point where I can do that) And then when I get back home, it's like everything just feels so...cheap.
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