A major redesign has been proposed for Manhattan’s famed luxury store row Fifth Avenue.
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The vision is to emulate iconic strolling and shopping boulevards such as the Champs-Élysées in Paris. Officials said the project represents the avenue’s first major redesign and could pay for itself in less than five years through increased property and sales tax revenue. “People across the globe identify Fifth Avenue as a premier destination for strolling and shopping,” Meera Joshi, the city’s deputy mayor for operations, said in a statement. “But its larger-than-life reputation means that its sidewalks have reached their capacity, hosting more people per hour in peak seasons than Madison Square Garden."
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