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Fifth Avenue - New York City (USA)

Fifth Avenue | 57th Street 30/04/2015 13h46

On the middle of the Fifth Avenue corner of the 57th Street at the point where the West 57th Street becomes the East 57th Street. In the distance Grand Army Plaza with Central Park on the left and the Sherry-Netherland hotel on the right side.

 

Fifth Avenue

Fifth Avenue is a major thoroughfare going through the borough of Manhattan in New York City, United States. It stretches from West 143rd Street in Harlem to Washington Square North at Washington Square Park in Greenwich Village. It is considered among the most expensive and best shopping streets in the world.

 

The lower stretch of Fifth Avenue extended the stylish neighborhood of Washington Square northwards. The high status of Fifth Avenue was confirmed in 1862, when Caroline Schermerhorn Astor settled on the southwest corner of 34th Street, and the beginning of the end of its reign as a residential street was symbolized by the erection, in 1893, of the Astoria Hotel on the site of her house, later linked to its neighbor as the Waldorf-Astoria Hotel (now the site of the Empire State Building). Fifth Avenue is the central scene in Edith Wharton's 1920 Pulitzer Prize winning novel The Age of Innocence. The novel describes New York's social elite in the 1870s and provides historical context to Fifth Avenue and New York's aristocratic families.

Originally a narrower thoroughfare, much of Fifth Avenue south of Central Park was widened in 1908, sacrificing its wide sidewalks to accommodate the increasing traffic. The midtown blocks, now famously commercial, were largely a residential district until the start of the 20th century. The first commercial building on Fifth Avenue was erected by Benjamin Altman who bought the corner lot on the northeast corner of 34th Street in 1896, and demolished the "Marble Palace" of his arch-rival, A. T. Stewart. In 1906 his department store, B. Altman and Company, occupied the whole of its block front. The result was the creation of a high-end shopping district that attracted fashionable women and the upscale stores that wished to serve them. Lord & Taylor's flagship store is still located on Fifth Avenue near the Empire State Building and the New York Public Library.

 

The section of Fifth Avenue that crosses Midtown Manhattan, especially that between 49th Street and 60th Street, is lined with prestigious shops and is consistently ranked among the most expensive shopping streets in the world. The "most expensive street in the world" moniker changes depending on currency fluctuations and local economic conditions from year to year. For several years starting in the mid-1990s, the shopping district between 49th and 57th Streets was ranked as having the world's most expensive retail spaces on a cost per square foot basis. In 2008, Forbes magazine ranked Fifth Avenue as being the most expensive street in the world. Some of the most coveted real estate on Fifth Avenue are the penthouses perched atop the buildings.

 

The American Planning Association (APA) compiled a list of "2012 Great Places in America" and declared Fifth Avenue to be one of the greatest streets to visit in America. This historic street has many world-renowned museums, businesses and stores, parks, luxury apartments, and historical landmarks that are reminiscent of its history and vision for the future.

 

Length: 6.2 miles | 10.0 km

Other name: Museum Mile

South end: Washington Square North in Greenwich Village

North end: Harlem River Drive / 143rd Street in Harlem

 

[ Source + more Info: Wikipedia - Fifth Avenue ]

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Uploaded on September 25, 2015
Taken on April 30, 2015