Fifth Avenue (New York, N.Y.); Streets -- New York (State) -- New York
In the new shopping district beginning at Thirty-fourth Street and
running along the Avenue almost to the Plaza, like the Waldorf-Astoria
Hotel, so the saying goes, exclusiveness for the masses, Altaian was the
pioneer. In view of what was then considered the prohibitively high
price of real estate the projected invasion of the Avenue by the
department stores was thought extremely hazardous. In 1901 the street
still suggested the time when it had been lined by the dull, monotonous
high stoops. Those old fronts had been knocked away, business had
invaded many of the lower stories, but there still remained something of
the former flavour. But property holders were awake to their
opportunities. Inside lots twenty-five by one hundred feet on the Avenue
were held at one hundred and twenty-five thousand dollars, and corner
lots correspondingly higher. Within two years these prices had doubled
and trebled. Altman's, covering an entire block, eight stories in
height, with an addition that rises twelve stories, is a stately
guardian of the corner at which the Avenue becomes the Lane of
magnificent commerce. The building, of French stone, was designed by
Trowbridge and Livingston. Directly across the street is an entrance to
McCreery's, although that establishment faces on Thirty-fourth Street.
Above McCreery's, opposite the corner where the New York Club once had
its home, and on property part of which was formerly the house of the
Engineers Club, is Best's, once Lilliputian in more than one sense, but
no more so. Thereafter every block has its imposing monument to
commerce. Silverware is represented by Gorham's at Thirty-sixth Street.
Furs in magnificent display fill the windows of Gunther's Sons between
Thirty-sixth and Thirty-seventh. At the southeast corner of
Thirty-seventh Street is Tiffany's. Information as to the nature of the
merchandise in which the establishment deals would be superfluous, and
the management is evidently of the opinion that the display in the
windows tells the story to all the world, for the passer-by will look in
vain for any lettering indicating the ownership. Instead, there is a
bronze figure of Atlas, bearing a huge clock on his shoulders, adorning
the facade of the edifice. The clock is the old Tiffany clock. Of
American make, dating from 1850, it was for many years in front of the
original Tiffany Building at 550 Broadway, near Prince Street. Then, in
Union Square, it presided over the fortunes of the house, again to be
removed to serve as guardian of the destinies of the present structure,
which is of marble, adapted from the Palazzo Grimani of Venice, of which
Ruskin once wrote: "There is not an erring line, not a mistaken
proportion throughout its noble front." On the corresponding corner
above Tiffany's is Bonwit, Teller and Company, and directly facing the
latter on the west side of the Avenue is Franklin Simon and Company.
Conspicuous on the next block are Lord and Taylor's, and Vantine's, the
Public-domain text, read in full here on John Shaqi.
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