[1] The song received renewed popularity in 1974 when it was performed by Gene Wilder and Peter Boyle in the film Young Frankenstein.

[2] According to John Mueller, the central device in the A section is the "use of delayed rhythmic resolution: a staggering, off-balance passage, emphasized by the unorthodox stresses in the lyric, suddenly resolves satisfyingly on a held note, followed by the forceful assertion of the title phrase."

"[2] The original version of Berlin's song included references to the then-popular fad of flashily dressed but poor black Harlemites parading up and down Lenox Avenue, "Spending ev'ry dime / For a wonderful time".

In the United Kingdom, the song was popularized through the BBC's radio broadcasts of Joe Kaye's Band performing it at The Ritz Hotel, London restaurant in the 1930s.

[3] The song was featured with the original lyrics in the 1939 film Idiot's Delight, where it was performed by Clark Gable and chorus, and this routine was selected for inclusion in That's Entertainment (1974).

For the film Blue Skies (1946), where it was performed by Fred Astaire, Berlin revised the lyrics to apply to affluent whites strutting "up and down Park Avenue".

4 on the Billboard Hot 100 chart,[9] making Irving Berlin, then 95, the oldest ever living songwriter to have one of his compositions enter the top ten.