NEW YORK | A New Fifth Avenue
After years of fighting, they are finally moving forward with the reimagining of one of New York's most famous grand avenues, Fifth Avenue.
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Mayor Adams, Future of Fifth Partnership Unveil Transformation of Fifth Avenue Into World-Class, Pedestrian-Centered Boulevard
October 17, 2024
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New York City Mayor Eric Adams and the Future of Fifth Partnership today unveiled their plans to transform Fifth Avenue between Bryant Park and Central Park into a world-class, pedestrian-centered boulevard, bolstering the iconic corridor’s status as an economic engine and job creator for New York City. The proposed design, revealed today, expands sidewalks by 46 percent, shortens crosswalks making for safer crossings, reduces the number of traffic lanes from five to three, and adds plantings and lighting for aesthetics and safety. Once complete, this project — the first major redesign in the avenue’s 200-year history — is projected to pay for itself in less than five years through increased property and sales tax revenue.
“New Yorkers deserve an iconic boulevard that will rival the rest of the world — and together with the Future of Fifth Partnership, we’re going to deliver just that,” said Mayor Adams. “Right now, 70 percent of the people on Fifth Avenue are pedestrians, but they can only utilize less than half the space. On the holidays, that’s 23,000 people every hour — 4,000 more than a packed MSG — cramming like sardines into constrained sidewalks. That makes no sense — so we’re going to flip the script. We’re nearly doubling walkable sidewalk space, adding hundreds of new trees and planters, installing new seating and activation space, and so much more. And best of all, once completed, the project will pay for itself in less than five years through increased tax revenues. This is a huge win for New York City, and I’m grateful to the Fifth Avenue Association, Grand Central Partnership, Central Park Conservancy, and Bryant Park Corporation, as well as our local elected officials, for their partnership throughout this generational project.”
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“People across the globe identify Fifth Avenue as a premier destination for strolling and shopping. But its larger-than-life reputation means that its sidewalks have reached their capacity, hosting more people per hour in peak seasons than Madison Square Garden,” said Deputy Mayor for Operations Meera Joshi. “By expanding sidewalks, we can turn this avenue into an iconic boulevard, a place for all, for all hours and especially for pedestrians — who can now safely stay on sidewalks rather than navigate cars to get by and through. But this isn’t only for today — it’s for tomorrow, a verdant, sustainable boulevard to grow with our city.”
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“As we celebrate the 200th anniversary of one of the most famous streets in the world, New Yorkers can look forward to a brand-new Fifth Avenue that will return the street to its former glory as a pedestrian boulevard,” said Madelyn Wils, interim president, Fifth Avenue Association, and co-chair, Future of Fifth Steering Committee. “Reversing the century-old trend of putting cars first, this visionary design will transform our overcrowded avenue into a spacious and green corridor for shoppers and workers, visitors and New Yorkers, and everyone on Fifth. We are grateful to this administration, our partners in government, and the businesses that help power the city’s economy as we work to turn this vision into a reality.”
“By dramatically widening the sidewalks of Fifth Avenue, we’ll be creating a much more welcoming and comfortable pedestrian experience along this iconic corridor,” said New York City Department of Transportation Commissioner Ydanis Rodriguez. “This design proposal will better serve the vast majority of people on Fifth Avenue, those who are traveling by foot, create a greener and calmer corridor, and we look forward to future development with the community.”
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The new design nearly doubles the width of the sidewalks to 33.5 feet each, expanding unobstructed walking space to 25 feet on each side and adding another 8.5-foot-wide section for trees. These changes will reduce crossing lengths by more than a third, increasing pedestrian safety. Beyond rebalancing Fifth Avenue’s space to reflect its usage, the new design also greens the corridor with more than 230 new trees and 20,000 square feet of planters, new seating and activation space, better lighting, and more. Greening Fifth Avenue will create additional shade cover to protect against heat and innovative stormwater infrastructure to prevent flooding.
The design draws inspiration from Fifth Avenue’s historic landmarks and art deco influences, heightening the iconic architectural features integral to the avenue’s visual identity. It is also inspired by other iconic shopping street redesigns, including the Champs Elysees in Paris; Calle Serrano in Madrid; Bond, Oxford and Regent Streets in London; and Ginza in Tokyo. The effort builds on the core tenets of the “New” New York panel’s action plan, which identified public space as a key force for the city’s economic recovery.
Fifth Avenue has long been an economic powerhouse for New York City. The avenue is responsible for 313,000 direct and indirect jobs, which in turn generate $44.1 billion in total wages and $111.5 billion in total economic output each year.
Moreover, since Mayor Adams announced this project in December 2022, Fifth Avenue has experienced an unprecedented wave of investment in commercial renovations, record-breaking sales, and leasing activity. Since 2023, there have been more than 10 commercial real estate sales on Fifth Avenue, totaling $3.9 billion.
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