Monday, April 19, 2010
New York’s Fifth Ave. Sets Record with $300m Lease
And things are not getting a bit crazy again???
Japanese clothier Uniqlo agreed to pay $300 million over 15 years for a location on 5th Avenue. That's $1.67 million per month!!
Too bad...I'm long Japan. However, it seems they haven't learned anything. This is like the $3 million golf club memberships back in 1990!