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 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