Fifth Avenue news and trends

Amazon Considers Leasing NY Building To House Employees
Amazon // July 25, 2019

Amazon is reportedly considering leasing a building in the famous Fifth Avenue area of New York. The building is currently owned by WeWork, and was formerly the flagship location of the shopping brand Lord & Taylor, according to a report by The Wall Street Journal....

Fifth Avenue Vacancies Reflect Uptick In Retail Closures
Retail // May 07, 2019

As retailers shutter locations from the heartland to big cities, the latest update on the state of retail from New York’s storied Fifth Avenue says that rents are falling and vacancies are rising – showing that even a flagship address can’t escape the realities of...

Bringing Deep Discounting To One Of America’s Most Expensive Streets
Retail // July 27, 2018

For deal-hunting consumers, Five Below is the little-bit-of-everything store of their dreams. Putatively pitched at kids, tweens and teens, the shop offers goods across a wide variety of categories, with a focus on fashion accessories, sports items, home goods, technology, games crafts and gifts. As for...

Quick Reads
Luxury Firms Compete for Buildings on Fifth Avenue

April 08, 2024
Luxury firms Chanel and LVMH are reportedly competing to become the new owner of a building on Manhattan’s Fifth Avenue. Both companies have been in talks to buy the location on the luxury shopping corridor, Bloomberg reported Monday (April 8). Global luxury retailers have been competing to buy buildings on Fifth Avenue for months, according to the report. Kering bought one for […]

Amazon Considers Leasing NY Building To House Employees

July 25, 2019
Amazon is reportedly considering leasing a building in the famous Fifth Avenue area of New York. The building is currently owned by WeWork, and was formerly the flagship location of...