Record Retail Purchase on Fifth

I was sent this link after Wednesday's Apple Store post:  NYINC.COM.

Zara will be moving into the 666 Fifth Avenue retail condo formally occupied by the NBA store.  The 39,000-square-foot retail space between 52nd and 53rd just sold to the Spanish retailer, Inditex SA (ITX), for $324 million....or $8300/square foot!!!

Retail rents on Fifth are now approaching $2300/square foot.