For several years starting in the mid-1990s, the shopping district between 49th and 57th Streets was ranked as having the world's most expensive retail spaces on a cost per square foot basis.
Selama beberapa tahun sejak pertengahan 1990-an, distrik pertokoan antara 49th dan 57th Street memiliki ruang pertokoan termahal di dunia menurut harga ruang per kaki perseginya.