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Think Canal Street and the following sights and sounds likely spring to mind: shrink-wrapped counterfeit purses displayed on a blanket (ready to be rolled and stowed in a flash); furtive whispers of “Bag?” “Watch?”; and everywhere, tourists. Now, clear some space in that mental image and insert a high-end luxury goods store and a hip jewelry boutique Replace some of the tourists with Brooklyn hipsters (who also wear fanny packs — but ironically), and there you have it: If Canal Street’s newest neighbors are any indication, this is a picture of its future. “I think people were afraid of Canal Street for so long, and now they’re recognizing there are just so many advantages to the area,” Beth Bugdaycay said Ms.
Bugdaycay and her husband, Murat, are the founders of the fine jewelry label Foundrae, one of the latest shops to open around Canal. . More
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