Hong Kong loses top ranking for luxury shopping to New York
Manhattan’s Upper Fifth Avenue is now the priciest street globally for shopping.
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Manhattan’s Upper Fifth Avenue is now the priciest street globally for shopping.
Hong Kong no longer has the world’s most-expensive retail district after rents plummeted due to Covid-19 curbs. Read more at straitstimes.com.
Hong Kong can no longer lay claim to the world's most expensive shopping district after losing that crown to New York amid an economic slowdown and an ongoing lack of international visitors due to Covid-19, according to global real estate company Cushman & Wakefield. Manhattan's upper Fifth Avenue displaced Hong Kong's Tsim Sha Tsui district on the company's first top...
Hong Kong can no longer lay claim to the world's most expensive shopping district after losing that crown to New York amid an economic slowdown and an ongoing lack of international visitors due to Covid-19, according to global real estate company Cushman & Wakefield.
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