LOUIS VUITTON EYES 2 LOCATIONS ON MANHATTAN'S 57TH STREET

NEW YORK--Seeking larger quarters, Louis Vuitton is negotiating to take over two adjacent spaces formerly occupied by Jaeger and Laura Ashley, at 19 and 21 East 57th St.
The two buildings are separately owned.
"If at all possible, our new store will be on the best block in the city," said Michael Burke, president of Louis Vuitton, U.S.A., referring to East 57th Street between Fifth and Madison Avenues.
"Those are some of the very few locations left on that block," Burke added, referring to the old Jaeger and Ashley shops. "There are negotiations going on right now."
Louis Vuitton currently operates a store at 49 East 57th St., between Madison and Park Avenues. Burke said the store is "quite small, around 2,000 square feet." Jaeger and Ashley combined would have 3,600 square feet.
"Fifty-seventh Street is definitely where we would be interested in expanding," he added. "We want a substantially larger space with considerably more frontage."
The old Jaeger space is temporarily occupied by Ann Taylor, which will relocate to a new flagship on Madison Avenue in August.

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