New Bond Street Has Become Europe's Most Expensive Avenue

LONDON, ENGLAND - SEPTEMBER 22: A woman looks at the window display in a jewelers on New Bond Street in Mayfair which is the most expensive avenue in Europe for retail rents on September 22, 2010 in London, England. Findings from retail estate agents claim that over the past year rents on New Bond Street have risen to 536 GBP per square foot, exceeding that of the Champs-Élysées in Paris. In comparison, New York's Fifth Avenue, which is the world's most expensive shopping street, has rents of approximately 1180 GBP per square foot. (Photo by Oli Scarff/Getty Images)