Madison Avenue Is on a Luxury Roll - WWD

 

The nation's longest luxury venue continues to attract high-end businesses ranging from designer shops and restaurants to hotels and galleries.

MADISON AVENUE SCORECARD: Madison Avenue continues to rebound with 20 projects including designer stores, hotels and restaurants in the works and expected to open over the next year or so, on top of the 32 businesses that opened during the second half of 2023.

That’s according to the latest report from the Madison Avenue Business Improvement District, which extends from East 57th to East 86th Streets along Madison Avenue, including blocks just to the east and west of the avenue.

Among the projects currently under development: Dolce & Gabbana, the Giorgio Armani mixed-use complex, Lalique, Michael Kors, Oscar de la Renta, Peter Millar, Plaza Athénée Nobu Hotel & Spa New York, Robin Birley Dining Club, Sotheby’s, St. John, Swarovski, The Surrey New York and Van Cleef & Arpels.

“Contemporary brands focused their investment in the section of Madison Avenue between East 68th and East 78th Streets,” the BID indicated. “In the second half of 2023, Argent, Cartolina, Generation Love, Still Here, Tanya Taylor and Veronica Beard each launched new boutiques.”

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