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PLUMES of smoke were seen billowing out of the iconic Tiffany & Co. building in New York City just months after its grand reopening.

An electrical vault outside Manhattan's crown jewel landmark sparked a blaze just after 9.30am on Thursday.

A fire broke out just outside the iconic Tiffany & Co. building in New York City on Thursday morning
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A fire broke out just outside the iconic Tiffany & Co. building in New York City on Thursday morningCredit: Getty
Firefighters were seen hosing down a ventilation shaft near the front entrance of the landmark store
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Firefighters were seen hosing down a ventilation shaft near the front entrance of the landmark storeCredit: Getty
Fire officials said the incident resulted from an underground electrical fire
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Fire officials said the incident resulted from an underground electrical fireCredit: Reuters
Tiffany & Co. flagship store is located in the heart of Manhattan on Fifth Avenue
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Tiffany & Co. flagship store is located in the heart of Manhattan on Fifth AvenueCredit: Getty

New York firefighters were seen hosing down a ventilation shaft near the front entrance of the lavish jewelry store, video from 's Chopper2 showed.

The store, which is located in the heart of Manhattan on Fifth Avenue and East 57th Street, just underwent a massive renovation that took nearly four years to complete.

The Fire Department confirmed to The U.S. Sun that the incident resulted from an underground electrical fire outside the store.

The store was not open to customers at the time of the blaze.

Fire officials have not reported any outages or injuries.

Tiffany & Co. reopened its revamped store on April 28, with Israeli actress present to cut the trademark Tiffany blue ribbon.

"This holistic transformation – the first renovation since the store opened in 1940 – brought together two giants in the world of architecture," the company said on its website.

Spearheaded by architect and interior designer Peter Marino and the OMA New York firm, led by Shohei Shigematsu, the renovation included adding three additional stories to the existing building.

“The reopening of the iconic Fifth Avenue Landmark is a major milestone for our House," Anthony Ledru, President and Chief Executive Officer, Tiffany & Co., said at the time.

"Symbolic of a new era for Tiffany & Co., the Landmark is much more than a jewelry store— it is a cultural hub with an exquisite showcase of architecture and superior hospitality, as well as cutting-edge art and design. It sets a new bar for luxury retail on a global scale.”

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