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Upper Fifth Avenue persists as world’s priciest retail destination: report

Despite recording flat rental growth year-over-year, New York's famous street retains its spot as the most expensive. Image credit: Tiffany & Co. Despite recording flat rental growth year-over-year, New York's famous street retains its spot as the most expensive. Image credit: Tiffany & Co.

 

Once again, one of New York’s famous addresses is proving to pack a financial punch.