Fifth Avenue Retail


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Gucci at Trump Tower (Getty)

Gucci renews lease in Trump Tower

Some businesses have attempted to disaffiliate themselves from Former President Donald Trump. Gucci is not among them. The luxury fashion house recently renegotiated and extended its lease at Trump Tower on Fifth Avenue, the...

Gucci renews lease in Trump Tower
Retail rents in Manhattan hit new lows at the end of 2020, but prices have been dropping steadily for the past five years. (Getty; iStock)

Manhattan retail rents hit new lows

The coronavirus pandemic has undoubtedly taken a huge toll on Manhattan’s retail sector, leading to stores closing and rents dropping along even the most posh shopping corridors. But those problems were in place well...

Manhattan retail rents hit new lows
More businesses have opened than shut on Park Slope’s Fifth Avenue. Inset: Mark Caserta, head of the corridor’s business improvement district (Photos via Google Maps; LinkedIn)

Why these retailers opened in midst of pandemic

In the past eight months, Park Slope’s Fifth Avenue has shriveled up and sprung back to life, even as...

Why these retailers opened in midst of pandemic
The Crown Building (iStock)

Chopard moving flagship to Fifth Avenue

The luxury jeweler Chopard is giving some sparkle to a suffering market with a new lease at the Crown Building, where it will open opposite Tiffany’s and Trump Tower. When it debuts at Fifth...

Chopard moving flagship to Fifth Avenue
47 Highland Park Village in Dallas, Texas and Valentino CEO Jacopo Venturini (Adam Stewart, Nick Hunt/Patrick McMullan via Getty Images)
National

Valentino expands in Dallas as it dumps NYC flagship

What does Dallas have that Fifth Avenue doesn’t? A Valentino, for one. While the Italian luxury brand tries to...

Valentino expands in Dallas as it dumps NYC flagship

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