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flag Milan's Via Monte Napoleone surpasses NYC's Fifth Avenue as world's priciest shopping street.

flag Milan's Via Monte Napoleone has become the world's most expensive shopping street, overtaking New York's Fifth Avenue. flag Rents on Via Monte Napoleone increased 11% to $2,047 per square foot, while Fifth Avenue's rents remained flat at $2,000 per square foot. flag The shift is attributed to high demand and limited supply in Milan, driven by a luxury tourism boom and tax incentives for high-net-worth individuals.

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