59th Street

Giovanni Feroce, CEO of Alex and Ani, announced a partnership with Bloomingdale's to create an Alex and Ani "Shop Within a Shop" on the second floor of the retailer's flagship Manhattan store located at 59th Street and Lexington Avenue. The "Shop Within a Shop" is currently displayed and will be up until May 15, however, the collection will continue to be available at the upscale retailer. 

New York City remains the world’s most expensive retail destination as retailers focus on the major fashion capitals pushing global rents in prime locations even higher, according to the latest CB Richard Ellis Global Retail MarketView. The average rent for space along Fifth Avenue from 49th Street up to 59th Street hit $1,900 per square foot in the first quarter.

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