Top 10 most expensive streets in the world
Every year, Cushman & Wakefield magazine publishes a ranking of the most expensive streets in the world. 65 capitals and other large cities competed for the top spots on this list. In 2014, Moscow ranked 10th. Which cities are ahead of her in this list, read on.
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1. The first place belongs to the USA. The most expensive street in New York is Upper 5th Avenue. For a year, the rent of one square meter of 5th Avenue is almost 30,000 euros. This is one of the most respectable streets in Manhattan with exclusive boutiques and fashion stores selling luxury goods.
2. The second line of the rating was taken by the Hong Kong street, which lost its primacy compared to last year - Causeway Bay. Its square meter is less than 6,000 euros and costs 24,000 euros in the US. On the central street of a whole district on the northern coast of Hong Kong, there are many youth shopping centers, bars and nightclubs.
3. The third place, just like in 2013, is held by the Parisian Avenue des Champs-Élysées. Here, the rent of premises will be 13,000 euros per 1 sq. m. m. Champs Elysees - the central street of the French capital. There is a business center with multi-storey business buildings, banks, airline offices, car showcases, editorial offices of several newspapers, many shopping centers, a developed leisure network: entertainment venues, cinemas, a multi-level shopping center for Virgin Megastore music products, travel offices and agencies, the aristocratic Russian restaurant "Rasputin", the famous cabaret "Lido", the central office of tourism, etc.
4. On the fourth - still the British New Bond Street. The street, named after the developer of the Bond area, is full of fashion boutiques, jewelry stores, and antique shops. A square meter of space here costs about 10,000 euros.
5. Sydney's Pitt Street Mall moved up to rank five (from 8th place). Among other Australian cities, here is the highest level of rent - $ 450 per week.
6. Sixth place, just like in 2013, belongs to Milan's Via Montenapoleone. Renting a square meter costs 8,500 euros per month. High Fashion Week is held on this street, so there are many fashionable shops of expensive clothes and shoes, designer accessories and other luxury items.
7. In seventh place in 2014 was the Tokyo Ginza. The Japanese street immediately lost two positions to European competitors. Here, the monthly rent per square meter barely exceeds 8,000 euros. Translated from Japanese into Russian, its name - "silver workshop" - fully justifies itself. Ginza is one of the most luxurious areas of the capital. It is also one of the most promising shopping centers in the world. There are many specialized shops, supermarkets, restaurants, bars, clubs.
8. Eighth place went to Seoul's Myeongdong. The central shopping street of the Korean capital is very popular among young people and foreigners due to its mid-range and high-priced retail stores for international brands. The rent in the Myeong-dong quarter is 7,900 euros for one square per month.
9. Zurich Bahnhofstrasse slipped to ninth place. Back in 2011, it was considered the most expensive real estate street in Europe and the third in the world, in 2013 it was already in seventh place, and now it is in 9th place. Only here is a huge selection of the world's best watches, shops with exclusive European clothing. A square meter of rent costs about 7,500 euros per month.
10. Moscow's Stoleshnikov Lane with a cost of 4,500 euros per square meter moved to tenth place from 12th. Here are fashionable shops and luxury boutiques. This street is the most expensive Russian shopping place. Repeatedly in previous years, Stoleshnikov Lane was included in the top five most expensive streets in the world by various publications. In particular, in 2007, the consulting company Jones Lang LaSalle recognized it as the second most expensive shopping street in the world after the Champs Elysees in Paris.