P.M. BRIEFING : N.Y. Dominates High-Rent List
- Share via
NEW YORK — New York City was named Thursday as home to four of the 10 highest rent districts in the world, with Tokyo’s Ginza topping the list at $675 a square foot.
The survey, conducted by Hubert & Peters Inc., a real estate firm, reported that Hong Kong’s Nathan Road edged out New York’s East 57th Street for second place.
The top 10 and their average rents per square foot:
1--The Ginza, Tokyo, $675.
2--Nathan Road, Hong Kong, $550.
3--East 57th Street, New York City, $550.
4--5th Avenue, New York City, $510.
5--Madison Avenue, New York City, $400.
6--Rodeo Drive, Beverly Hills, $275.
7--Lexington Avenue, New York City, $225.
8--Bond Street, London, $200.
9--Rue du Faubourg Honore, Paris, $175.
10--Orchard Road, Singapore, $175.
10--Orchard Road, Singapore, $175.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
