Implode-o-Meter News - 57th Street in Manhattan is the world's most expensive street

`Billionaires' Row' has earned its nickname. 57th Street in Manhattan, which is lined with a handful of supertall luxury buildings built in the past decade, is the street with the most expensive properties in the world, according to a new study.
A new report from Douglas Elliman and Knight Frank tallied the number of homes sold for more $25 million since 2015 and determined that the Midtown corridor has logged 41 -- more than any other global thoroughfare.
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The other most expensive streets were Hong Kong's Mount Nicholson Road, Mount Kellett Road and Conduit Road; London's Grosvenor Square; the Pacific Coast Highway in Malibu, Calif.; and Palm Beach, Fla.'s South Ocean Boulevard.
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One of the transactions that pushed 57th Street over the top is hedge-fund manager Bill Ackman's $91.5 million purchase of a 13,500-square-foot duplex at One57, located at 157 W. 57th St., in a deal that closed in early 2015.

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57th Street in Manhattan is the world's most expensive street