The Champs-Élysées (French for "Elysian Fiels") (pronounced [ʃɑ̃zelpiˈze] audio (help·info)) is the most prestigious and broadest avenue in Paris. Its full name is "Avenue des Champs-Élysées". With its cinemas, cafés, and luxury specialty shops, the Champs-Élysées is one of the most famous streets in the world, and with rents as high as $1.50 million a year for 1,000 square feet (100 m²) of space, it remains the 2nd most expensive strip of real estate in the world (the first in Europe) after New York City's Fifth Avenue. The name refers to the Elysian Fields, the place of the blessed in Greek mythology.