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HIGH-RENT DISTRICTS

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New York City was named as home of four of the 10 highest-rent districts in the world, with Tokyo’s Ginza topping the list. The survey, conducted by Hubert & Peters Inc., a real estate firm, reported that Hong Kong’s Nathan Road edged out New York’s East 57th Street for second place. The top 10 and their average rents per square foot: 1. The Ginza, Tokyo: $675 2. Nathan Road, Hong Kong: $550 3. East 57th Street, New York City: $550 4. Fifth Avenue, New York City: $510 5. Madison Avenue, New York City: $400 6. Rodeo Drive, Beverly Hills: $275 7. Lexington Avenue, New York City: $225 8. Bond Street, London: $200 9. Rue du Faubourg St. Honore, Paris: $175 10. Orchard Road, Singapore: $175

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