Madison Avenue has turned a corner.
Though the previous Barneys Latest York flagship site stays vacant and empty storefronts still pockmark the avenue, the optics are changing. The most recent report from the Madison Avenue Business Improvement District paints an image of renewal, listing several newcomers to the avenue up to now yr, more on their way, and a swirl of renovations, expansions and relocations by luxury brands and retailers already present.
In accordance with the report, there have been 29 shop openings along Madison Avenue between 57th and 86th streets within the second half of 2022, including Hermès, Irene Neuwirth, Zadig & Voltaire and Kirna Zabête, and just this month, Versace opened. Almost as many businesses are under development.
“We’re in...
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