The Real Deal New York

Louis Vuitton files permits to expand flagship store

LVMH acquired the building at 734 Fifth Avenue in 2007 for $60M

July 09, 2014 08:30AM

Louis Vuitton's flagship store at 1 East 57th Street

Louis Vuitton’s flagship store at 1 East 57th Street

Louis Vuitton is getting ready to expand its location on Fifth Avenue and 57th Street.

The French fashion house filed permits to build a new structure at 743 Fifth Avenue, immediately adjacent to the high-end retailer’s flagship at 1 East 57th Street. LVMH acquired the skinny building in 2007 for $60 million.

The floor area at 743 Fifth Avenue is 1,580 square feet. The proposed one-story expansion will be 85 feet tall — typically the height of an eight-story building — according to New York YIMBY.

The original structure at the location has already been demolished. [NY YIMBY] — Claire Moses

  • Marc

    Brings back memories of the original deal Eric Hadar made with LVMH

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