Fifth Avenue’s fall from grace, the top commercial lenders and more of the biggest trends in CRE right now

Fifth Avenue slips from first place in global retail markets New York’s Fifth Avenue has lost its crown as the world’s most expensive retail street, according to an annual ranking by Cushman & Wakefield. As of the second quarter of 2018, Hong Kong’s Causeway Bay held that record, with rent costing $2,671 per square foot, compared with $2,250 per square foot in Manhattan’s retail mecca. Although rent on Upper Fifth has been falling for several […]

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