On 29 June, a fire was discovered in the basement of the building on New York City’s iconic Fifth Avenue, with black smoke eventually billowing out into the street.
In a statement, the New York Fire Department said that the fire had been caused by an underground transformer around 9.30am. Two people were transported to hospital with minor injuries.
Tiffany & Co confirmed with CBS New York that despite the dramatic scenes, the store would be reopened the same day.
"We are working with the New York Fire Department to take precautionary measures to ensure the safety of our employees and clients. The store is expected to open later today following an inspection by the fire marshal," a spokesperson said.
The company has held the location for 83 years and recently completed its first extensive renovation in April.
The project was undertaken by architects Peter Marino and Shohei Shigematsu and took more than three years to finalise.
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