Atlantic Avenue in Brooklyn is transforming from a once-underappreciated area into a trendy retail hotspot, attracting both local merchants and shoppers. With rents significantly lower than similar areas like Williamsburg, the street has seen a decrease in vacancy rates, promoting a diverse range of businesses including upscale boutiques and health services. Local officials believe this unique blend of luxury and local character offers a distinctive identity separate from nearby neighborhoods, marking it as a 'Brooklyn version of Madison Avenue'.
"Atlantic has come a long way on the retail front, from new national tenants to well-designed cocktail lounges to upscale boutiques and now, health and beauty services have planted their flags, too."
"Not a Brooklyn replication of Madison Avenue - Williamsburg has that covered with Chanel and Hermes - but a bastion of luxury retailers with a distinct Brooklyn identity."
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