Tag Archives: 5th Avenue
Want to put a finger on the pulse of the economy? Look to the price of gold.
The metal hit a new high of $1119 per ounce on Wednesday as wary investors ran to sink their savings into a stock even their grandmothers could love. Gold often becomes a hot commodity when confidence in the market thins, and while the dollar has fallen, the price of gold has risen 26 percent since last November.
In Sunset Park, however, it’s the dip in gold purchases that tells of tough times.
This is the first in a series of posts that will use maps, graphs, and other web visualizations to take a look at what’s happening in the neighborhood. Curious about something? Have a question about the neighborhood you’d like to see drawn out? Shoot an email, or leave a comment.
View Sunset Park Pharmacies in a larger map
Duane Reade has made its debut, and now settled into its shiny plate-glass storefront on 5th Ave. Best View in Brooklyn gives a great description of the space, and a resident’s viewpoint on how it compares in price and feel to longer term spots like Ike’s Party Party and the Mini Max.
“I wonder what’s gonna happen to all the little mom and pops,” said local Stacy Mosher, who said she has gone out of her way to shop elsewhere.