Correct -- the new new Louboutin will feature 2,625 square feet of retail space over the first and second floors, as well as a 1,230 square foot basement that will be used for storage/back room operations. Louboutin took possession of the space today to begin construction, and the store opens late spring/early summer: http://www.retail-insider.com/retail-insider/2016/2/christian-louboutin. The store will have some sort of garden in the back we're told.
First Capital Realty is also looking at rebuilding 106 Yorkville Avenue, particularly as retailers such as Tom Ford and Brunello Cucinelli have expressed interest in these spaces. 84 has seen less interest but should still be considered prime space. Watch for a few more announcements on the street.