The most expensive street in America gets the Eric Adams treatment

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The most expensive street in America gets the Eric Adams treatment
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New York City officials have complained for years that Fifth Avenue is outdated, mismanaged and especially incapable of handling visitors during the holiday season. Now, Mayor Eric Adams plans to reconstruct the famous shopping corridor.

The Fifth Avenue Association is helping pay for the city’s new vision plan, along with three other private groups that manage different areas along the street: the Grand Central Partnership, the Bryant Park Association and the Central Park Conservancy.

Transportation advocacy groups said they will be holding Adams to his early promise to use the planning process as an opportunity to increase bus speeds along Fifth Avenue. Adams must meet a local mandate to add 150 miles of bus lanes throughout the five boroughs by the end of 2025, a target he’s not on track to hit after his first year in office.

Early renderings from the mayor’s office showing Fifth Avenue’s potential transformation reflect the plan circulated by the Fifth Avenue Association in 2021 as an alternative to the express busway, said E.J. Kalafarski, the transportation chair of Manhattan Community Board 5, which plays an advisory role on local land use issues. It preserves two lanes for buses and reduces the number of lanes for private vehicles from three to one.

Joshi, the deputy mayor, said the city’s goal is to make the street “more than just a shopping district,” with entertainment and seating that encourages people to spend the day walking the corridor. She’s pledged not to be swayed by the sizable real estate influence helping steer the project.

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