Located in the north-southern avenue of the Manhattan borough, Madison Avenue is one of the most important avenues in New York City and spans from the southbound portion of the Harlem River drive at 142nd street towards Madison Square.
What makes the Madison Avenue very popular is the fact that it passes through a wide range of iconic regions of NYC that include the Upper East Side, Harlem, East Harlem as well as the Upper East Side and Midtown.
The name Madison Avenue comes from Madison Square which, on its own, received its name from the fourth US president which was named James Madison.
An interesting note is that the avenue wasn’t integrated in the original city grid created 200 years ago. Instead, it was carver between the Fifth and Park Avenue in 1836. The main person behind its creation was Samuel B Ruggles who was a real estate developer and lawyer that had some properties in the region and wanted them to have complete access to the road.
As time passed, Madison Avenue became very popular especially due to the many types of advertising used In fact, the name of this street is similar to a known method of advertising.
Moreover, the Madison Avenue is also present in pop culture as well. In fact, the advertising industry portion located here is actually used as a background for the Mad Men drama that can be found on AMC.
Not only that, but there are quite a lot of agencies located ion Madison Avenue and many prestigious brands can be found in the region as well. Some of these include TBWA Worldwide, Doyle Dane Bernbach, StrawberryFrog and many others.
But not only the advertising industry resides here, in fact there are many high standard brands which call Madison Avenue home. These brands include Gucci, Calvin Klein, Anne Fontaine, Baccarat, Prada, Barneys, Coach, Giorgio Armani, Ralph Lauren, Chloe, Emporio Armani, Celine, Hermes, Tom Ford and many others.
Transportation to and outside of Madison Avenue is very good and you do get quite a lot of accessibility towards this region. You have a bus lane as well as cabs. It’s important to note that while there was a bike ban a few decades ago, nowadays you can easily peruse the region via a bike if you so desire.
Why rent a retail space on Madison Avenue?
There are plenty of reasons why this is a good investment! First, you get to share a location with some of the most renowned retail brands in the world and that helps you boost your exposure beyond belief. Not only that, but you also get a lot of foot traffic coming in and you also have the ability to spend less on your monthly rent when compared to other portions of NYC.
All of these reasons combined clearly show that Madison Avenue is a stellar location for your retail store. A Madison Avenue retail space can boost your exposure, generate more revenue and grow your business so don’t hesitate and invest in it immediately, you will not regret it!