Fifth Avenue in New York City first opened as a thoroughfare on August 2nd, 1824.
In its early years, 5th Ave was a residential area which began to attract the well-to-do of the city. Later retailers and other businesses began to crop up along the street.
The area from 49th to 60th became the haven of many fine retailers. Retailers located on the Avenue have included: Saks 5th Avenue, Lord & Taylor and Bergdorf departments stores along with boutiques of Gucci, Prada, FAO Schwarz, Tiffany & Company, Versace, Louis Vuitton, Chanel and Cartier.