Fifth Avenue north of 96th Street is finally becoming a developed, mature neighborhood, according to the Wall Street Journal.
Long home to middle-class residents, many of whom were employed by nearby Mount Sinai Medical Center, the area between Carnegie Hill and Harlem had resisted the luxury and expensive development that proliferated to the south. Now the area is home to new condominiums, foreigners buying in to those buildings and new museums. The only trailing component is retail. [more]
