These Two Fifth Avenue Blocks Are at the Center of New York’s Retail Real Estate Revival
Companies including Prada and Kering have snapped up spots on the key Manhattan shopping corridor, a rare bright spot for the battered commercial property market.
“New York City is dead forever.” In the bleak summer of 2020, that headline ripped through a pandemic-alerted reality and touched a nerve.
Jerry Seinfeld offered a rebuttal, saying “Oh, shut up.” More than three years later, he is being vindicated. And nowhere is that vindication more evident than a two-block stretch of New York’s Fifth Avenue.