Fire Breaks Out in Basement of New York City's Iconic Tiffany Store

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.

More In Business

Democrats Put Spotlight on Millions of Pensions Saved Under 2021 Law

The Butch Lewis Act will ultimately stop cuts to the retirement benefits of 2 million workers and retirees across the country.

Cybersecurity Firm Denies It’s a Threat After US Bans Its Software

The Russian company said in a statement that the Commerce Department's decision would not affect its ability to sell its cybersecurity products in the U.S.

Should Tips Be Tax-Free? Trump Thinks So

Former President Donald Trump’s proposal to exclude tips from federal taxes is getting strong reviews from some Republican lawmakers.

TikTok Accuses Federal Agency of ‘political demagoguery’ Over Ban

Attorneys for TikTok said the agency “ceased any substantive negotiations” with the company after it submitted a draft agreement in August 2022.

Nvidia Surpasses Microsoft to Become the Most Valuable U.S. Company

Nvidia’s startling ascent in the stock market reached another milestone Tuesday as investors now value the company at over $3.3 trillion.

Fisker Files for Bankruptcy, the Second EV Maker in the Past Year

Electric vehicle makers are struggling to lure more buyers beyond the early adapters of the technology.

How The NFL Is Playing Defense In Sunday Night Ticket Lawsuit

Ben Fischer, reporter at Sports Business Journal, speaks to Dave Briggs to unpack everything you need to know about the NFL's Sunday Night Ticket lawsuit.

Sorry, Millennials: Mortgage Rates Aren’t Dropping Anytime Soon

First time home buyers aren’t just dealing with high rates and home prices, but ‘hidden’ costs, like property taxes and repairs.

Walmart Is a Big Winner in the War on Inflation

Retail sales are slowing down, as consumers shift away from pandemic-era catchup spending and start prioritizing value.

Majority of Americans Favor Forgiving Medical Debt

"I didn't feel like dying," Janille Williams said. “I don’t think anyone should have to go into financial ruin to live."

Load More