LAS VEGAS—In anticipation of the upcoming ICSC Las Vegas conference, we caught up with Odyssey Retail Advisors to talk about the retail landscape in three primary markets that the firm is operating within–New York, South Florida, and Chicago.
New York City's Fifth Avenue is witnessing a remarkable recovery, fueled by a surge in U.S. luxury spending, Charlie Koniver, principal, tells GlobeSt.com. This resurgence is not just revitalizing one of the world's most iconic shopping streets but also underscores the enduring allure of luxury retail, he explains.
"Odyssey has been instrumental in reintroducing prestigious brands to this legendary locale, thereby reshaping Manhattan's retail environment into a thriving hub for luxury shopping," Koniver says. "They've handled the recent leases of Dolce & Gabbana at 691-693 Madison Avenue, Chopard and Chanel at 730 Fifth Avenue, Burberry at 693 Fifth Avenue, and Bang & Olufsen at 540 Madison Avenue."
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