At the famous Tiffany's jewelry store in NYC, a fire breaks out

Firefighters in New York City battle the blaze at Tiffany's

Firefighters in New York City have put out a fire at the famous jewelry store of Tiffany & Co.

The Manhattan incident at the 10-story building at 57th Street and 5th Avenue prompted the New York Fire Department (FDNY) to issue an all-hands alert.

After being renovated, the structure reopened in April with a new main floor showcasing the jewelry store's inventory.

Following approval from authorities, Tiffany & Co. announced that the fire was now out and that the store would reopen later on Thursday.

Damien Hirst's artwork can be found in the structure that Audrey Hepburn portrayed in Breakfast at Tiffany's in 1961.

A video embedded in a window display recreates Hepburn's well-known scene outside the store for the new look.

Guests watch as a scene from the movie "Breakfast at Tiffany's" is played in a store window
In the 1961 movie Breakfast at Tiffany's, a building owned by Tiffany & Co. was shown.

The store's 1940-era fa├žade, which also includes a museum space, features an Atlas statue and a clock over rotating doors that have all recently undergone restoration to their original designs.

According to the FDNY, an underground street electrical fire started at around 09:30 EST (13:30 GMT) on Thursday. No outages or injuries were reported, according to CBS News, the BBC's US partner.

In a statement to CBS, Tiffany & Co. claimed that the fire began in a basement before the store even opened to the public.

The business declared: "We are collaborating with the New York Fire Department to implement preventative measures to ensure the safety of our staff and clients.

Following the Fire Marshal's inspection, the store is anticipated to open later today.

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