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Fifth Avenue New York – World’s Most Expensive Shopping Street

Posted By Overseas Property Mall On October 27, 2006 @ 5:14 pm In New York Property,United States Property | No Comments

New York’s Fifth Avenue has retained its top position as the world’s most expensive shopping street in the world [1], according to Main Streets Across the World 2006, with unit rental on Fifth Avenue commanding an average of of US$1.35m per 1,000 sq ft/93 sq m per annum.

Ranking

2006

Ranking

2005

CountryCityLocation€/sqm/year
US$/sq ft
/
year

1

1

USANew York5th Avenue

11,364

1,350

2

2

Hong KongHong KongCauseway Bay

9,544

1,134

3

3

FranceParisAvenue des Champs Elysées

6,775

805

4

4

UKLondonNew Bond Street

5,667

673

5

5

JapanTokyoGinza

5,486

652

6

6

IrelandDublinGrafton Street

4,496

534

7

10

SwitzerlandZurichBahnhofstrasse

3,517

418

8

7

AustraliaSydneyPitt Street Mall

3,294

391

9

8

South KoreaSeoulMyeongdong

3,169

376

=10

9

GermanyMunichKaufingerstraße

3,000

356

=10

12

GreeceAthensErmou

3,000

356

THE WORLD’S MOST EXPENSIVE SHOPPING STREETS

Source: Cushman & Wakefield


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URLs in this post:

[1] New York’s Fifth Avenue has retained its top position as the world’s most expensive shopping street in the world: http://www.cushwake.com/cwglobal/jsp/newsDetail.jsp?repId=c7800055p&LanId=EN&LocId=GLOBAL