The World's Poshest Streets

A recent survey lists the world's highest rent districts for retailers.

1 minute read

November 7, 2003, 10:00 AM PST

"Fifth Avenue and the Champs Elysees retained their spots as the world's highest-rent districts for retailers...Shops on Fifth Avenue in New York's Manhattan district pay average annual rents of $9,149 a square meter, compared with $7,219 on the Champs Elysées in Paris...'New York's epicenter of luxury retailing confirms the city as the shopping capital of the world,' the real-estate consulting firm [conducting the survey] said, citing the so-called golden crossroad at Fifth Avenue and 57th Street, where Tiffany, Bulgari and Bergdorf Goodman hold three of four corners...The cheapest rent, $420 a square meter, was in the Krasta district of Riga, Latvia. Viru Street in Tallinn, Estonia, was one rung up."

Thanks to David Gest

FULL STORY: New York and Paris retain retail rent crown

Friday, October 14, 2005 in International Herald Tribune

Infrastructure World

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Get top-rated, practical training

Start Learning

Advertise with us

Urban Design for Planners 1: Software Tools

This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.