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Fifth Ave Records

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"The new Gucci flagship at 725 Fifth Avenue in Trump Tower is not only an unabashed shrine to luxury, but, according to brokers familiar with details of the renovation, likely the most expensive store build-out ever on Fifth Avenue. The rent is also steep. Brokers familiar with the deal say Gucci is paying above $1,500 per square foot for the 6,200 square feet it occupies at ground level. If so, that marks a record." [The Real Deal]