A fire broke out Thursday in the basement of the flagship Tiffany & Co. store on New York's Fifth Avenue, officials said.
Videos posted on the Citizen app showed smoke billowing out of the basement of the iconic store, which reopened in April after an extensive renovation. They also showed firefighters battling the blaze with hoses.
Details on injuries from the fire were not immediately available. Fire Department officials planned a briefing at the scene later Thursday.
The Fifth Avenue store made famous by the 1961 movie “Breakfast at Tiffany's” is the headquarters of the luxury retailer founded in 1837 by by jeweler Charles Lewis Tiffany. The company was acquired by LVMH in 2021.
A company spokesperson didn’t immediately respond to a request for comment.
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street. This week we look at the debt deal, Amazon, Nvidia and C3.ai.
Bobbi Rebell, financial expert and author of Launching Financial Grownups: Live Your Richest Life by Helping Your (Almost) Adult Kids Become Everyday Money Smart, gives some tips on how to negotiate your bills to save serious money.
JPMorgan said it plans to close 21 around 25 percent of First Republic's branch location by the end of the year. The financial giant purchased the regional bank after it effectively collapsed amid an ongoing crisis in the banking sector.
