The health of the city’s shopping districts varies from neighborhood to neighborhood and even block to block. Although Soho, Fifth Avenue, 34th Street and Williamsburg’s Bedford Avenue are just as important as upper Madison Avenue, it’s glamorous Madison that draws the most attention as a bellwether of the city’s retail destiny.
A new report from the Madison Avenue Business Improvement District, which extends from East 57th to East 86th Street and some side streets, presents a rosy picture.
The survey released by BID president Matthew Bauer cites six stores that opened this summer and 24 hotel, stores, restaurants, galleries and clubs in the pipeline.
Shops that recently opened include Kiton at 692 Madison, Paige at 958 and Peruvian Connection at 1070. Coming soon are Altuzarra at 959 Madison, Asprey at 680, John Elliott at 853, Panerai at 711 and Zadig & Voltaire at 845.
Now, if only we could do something about the dark hulk of the former Barneys flagship.
[Written in collaboration with other media outlets with information from the following sources]
