Sixth Avenue is Manhattan’s lesser boulevard no more. Having taken a backseat to the other more exciting roads for years (e.g. Fifth and Madison) it is now experiencing a high-end boom.
The Post’s Steve Cuozzo is all a’titter about it — he hasn’t seemed this giddy since his visit to Le Cou Cou — explaining that Sixth is now, “a thriving nexis of corporate and media headquarters humanized with stores, hotels, apartment buildings and funky landmarks from Franklin Street to Central Park South.”
In the last year Midtown office vacancies fell 11.4 percent, according to CBRE. In addition office space is commanding higher than anticipated rents.
Scott Rechler, the CEO of RXR Realty, which owns 1285 and 1330 Sixth, said:
“The death knell of Sixth Avenue has been forecast two or three times” in recent years. “What a difference a year or two makes.”
Add to all that good news, 21st Century Fox’s and News Corp. both decided to extend their leases at 1211 Sixth. Other area landlords are sprucing up the look of towers lining the avenue and transforming public spaces.
According to Costar’s data. eight of Manhattan’s largest office leases were on Sixth Avenue in 2016.
And lest you think the area is all about office business think again. A Whole Foods recently opened at 1095 Sixth and Cuozzo points out that it is now home to stores such as Steinway Hall, a piano showroom, Knoll Home Design and soon a huge Nordstrom Rack.
This all makes for a very well-rounded area.
No word on where Cuozzo suggests dining in the nabe, but we suspect any candidates would have to have dedicated phone lines, ample, comfortable and non-communal seating, be quiet and eschew serving gazpacho on their upcoming summer menus.