The 5th Avenue retail gods sometimes taketh away, but they sure as hell giveth a whole lot. Coming soon: Video Free Brooklyn, the Smith Street video rental store, is opening in the former Romp storefront near Douglass. Sure, the big Hollywood further up 5th just closed down, but it seems like smaller rental stores with interesting stock (we’re thinking of Get Reel in particular) do decent business. Video Free Brooklyn II should open within a couple of weeks. Farther south down the avenue, meanwhile, another sequel is on the way: Pink Olive, the East Village baby/gift boutique, is coming to the former Posey Baker space near Lincoln. 5th Avenue’s newest addition will officially open its doors this Saturday. GMAP GMAP