Walking south away from the New York Public Library, the wide-open avenue offers a clear view both uptown and downtown. Sitting between Grand Central Terminal and the Port Authority Bus Terminal these intersections are often busy with commuters at the beginning and end of each day. Walking between midtown and the bus terminal is often easier and quicker than taking either the Times Square Shuttle or the 7 train – especially since neither go all the way to the port authority without an extra block or two of underground walking (which in the summer is hardly worth it).
Lord & Taylor's flagship store begins the drop-off in major retail that's the hallmark of 5th Avenue north of 42nd Street. I find the Sleepy's "On Fifth" store to be a rather funny contrast to the Lord & Taylor signature. It's almost like the mattress chain store is trying to borrow a bit of the fashion department store's cache simply by using gold script.