Independents

Foundrae Opens Its First Store

IndependentsApr 19, 2018

Foundrae Opens Its First Store

The cult fine jewelry brand has set up shop—complete with a functioning library—in downtown New York City.

20180419_Foundrae-header.jpg
Foundrae’s first brick-and-mortar store also houses the brand’s offices and design atelier.
 New York--New York City-based fine jewelry brand Foundrae’s symbol-laden medallions and cigar band rings have garnered the line a cult following, and now devotees can visit a space dedicated to it.

 Designer Beth Bugdaycay opened the brand’s first brick-and-mortar retail location in March on the ground floor of 52 Lispenard Street in downtown Manhattan’s Tribeca neighborhood.

Beth Bugdaycay
Beth Bugdaycay

“The time to open a retail space was right because I really enjoy one-on-one experiences with our customers and am inspired by the interaction,” Bugdaycay explained to National Jeweler. “I wanted to build a place where I can have that interface with the customer, and the customer can be there with the jewelry and have the ability to get creative and build their perfect story.”

The building was originally constructed in 1867. The landmarked, cast iron structure had been victim to a fire and two floods, and was rebuilt by Bugdaycay’s husband, Murat Bugdaycay, a developer, and Angus Pond Architects.

Like Foundrae’s jewelry, everything about the store is imbued with personal and sentimental elements.

The 2,200-square-foot space boasts 18-foot high ceilings. The flooring is made of hand-selected Calcutta marble, which Murat embedded with a bronze Foundrae logo as a birthday surprise for his wife. Solid, hand-hewn wood beams recovered from the original building make up part of the staircase.

Bugdaycay described the store’s interior as “warm and inviting, less like a store and more like my home. A lot of the artwork and books you’ll find throughout the space came from my home, and they are reminders of what I have collected throughout the years.”

An on-site jeweler will customize Foundrae jewelry for customers at this antique jeweler’s bench.
An on-site jeweler will customize Foundrae jewelry for customers at this antique jeweler’s bench.

Books have a central role in the space: walls are lined with white oak bookcases that house tomes from Bugdaycay’s personal library. Many of the volumes are signed by their authors, and two are authored by Bugdaycay’s ancestor—“The Woman Said Yes” and “The Friendly Persuasion” by Jessamyn West.

The books aren’t merely part of the décor; customers can check them out, free of charge.

“I read a ton,” the designer said. “We were trying to figure out ways that we can be inclusive and build a community; for example, having books that people can check out at no expense. Books are a big part of my inspiration, and I want my customers to feel inspired by books as well.”

Foundrae’s flagship also will be home to an on-site jeweler for free-of-charge customization with jewelry purchases.

The décor is completed by refurbished leather chairs from the 1970s embossed and stamped with Foundrae designs, porcelain sculptures by Kate MadDowell and Juliette Clovis that Bugdaycay commissioned for her first New York Fashion Week presentation, a modern oil painting by Tyler Hays of BDDW, as well as antiques such as Austrian bronze snake andirons from the late 1800s and a French mid-century barometer by Jacques Adnet.

Foundrae is open Monday to Friday from 11 a.m. to 7 p.m. and Saturday from 11 a.m. to 6 p.m.

The store’s interior is filled with many of designer Beth Bugdaycay’s personal items, like, books, art and antiques.
The store’s interior is filled with many of designer Beth Bugdaycay’s personal items, like, books, art and antiques.


Ashley Davisis the senior editor, fashion at National Jeweler, covering all things related to design, style and trends.

The Latest

Cece Jewellery Traveller’s Tale Ring
TrendsFeb 17, 2026
A Bit of Jewelry for the Year of the Horse

Western wear continues to trend in the Year of the Fire Horse and along with it, horse and horseshoe motifs in jewelry.

Anza gems
SourcingFeb 17, 2026
Colored Gemstone Experts Talk Tariffs, Trends in Tucson

Although the market is robust, tariffs and precious metal prices are impacting the industry, Stuart Robertson and Brecken Branstrator said.

Dr. George Rossman
GradingFeb 17, 2026
Dr. George Rossman, Former GIA Governor, Dies at 81

Rossman, who advised GIA for more than 50 years, is remembered for his passion and dedication to the field of gemology.

MJSA Apprenticeship Guide
Brought to you by
The MJSA Mentor & Apprenticeship Program: Attracting & Training the Next Generation of Bench Jewelers

Launched in 2023, the program will help the passing of knowledge between generations and alleviate the shortage of bench jewelers.

Nest doorbell camera footage of suspect in Nancy Guthrie abduction
CrimeFeb 13, 2026
JSA Offering $10K Reward in Nancy Guthrie Case

Guthrie, the mother of “Today” show host Savannah Guthrie, was abducted just as the Tucson gem shows were starting.

Weekly QuizFeb 12, 2026
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Paul Morelli Rosebud Necklace
CollectionsFeb 13, 2026
A ‘Rosebud’ Necklace for Valentine’s Day

Paul Morelli’s “Rosebud” necklace, our Piece of the Week, uses 18-karat rose, green, and white gold to turn the symbol of love into jewelry.

Jewelers for Children
MajorsFeb 13, 2026
JFC Announces New Beneficiaries

The nonprofit has welcomed four new grantees for 2026.

JamAlert 1872x1052.png
Brought to you by
How Jewelers Can Fight Back Against Cell Jammers

Criminals are using cell jammers to disable alarms, but new technology like JamAlert™ can stop them.

Saks Fifth Avenue Club personal styling suite in Austin Texas
MajorsFeb 12, 2026
These 8 Saks Fifth Avenue Stores Are Closing

Parent company Saks Global is also closing nearly all Saks Off 5th locations, a Neiman Marcus store, and 14 personal styling suites.

Tudor Heart pendant on display at British Museum
CollectionsFeb 12, 2026
British Museum Raises $5M to Keep Jewel Linked to Henry VIII, Katherine of Aragon

It is believed the 24-karat heart-shaped enameled pendant was made for an event marking the betrothal of Princess Mary in 1518.

AGTA Spectrum, Cutting Edge Buyers Choice winners 2025
SourcingFeb 12, 2026
‘Cotton Candy’ Necklace, 35-Carat Kunzite Win 2025 ‘Buyer’s Choice’ Awards

The AGTA Spectrum and Cutting Edge “Buyer’s Choice” award winners were announced at the Spectrum Awards Gala last week.

Kering Logo
Events & AwardsFeb 12, 2026
Kering Opens Entries for 2026 Sustainability-Focused Award

The “Kering Generation Award x Jewelry” returns for its second year with “Second Chance, First Choice” as its theme.

Halle Berry’s vintage diamond and sapphire engagement ring
TrendsFeb 11, 2026
Halle Berry’s Retro Engagement Ring Is a Sapphire-Set Stunner

Sourced by For Future Reference Vintage, the yellow gold ring has a round center stone surrounded by step-cut sapphires.

Francesca’s storefront
MajorsFeb 11, 2026
Francesca’s Files for Chapter 11 Bankruptcy Again

The clothing and accessories chain announced last month it would be closing all of its stores.

Zales x Sweethearts Capsule Collection Heart Charms
CollectionsFeb 11, 2026
Zales Turns Sweethearts Into Jewelry for Valentine’s Day Collection

The “Zales x Sweethearts” collection features three mystery heart charms engraved with classic sayings seen on the Valentine’s Day candies.

2026 Gemvision Symposium
TechnologyFeb 11, 2026
Gemvision Symposium 2026 Slated for April

The event will include panel discussions, hands-on demonstrations of new digital manufacturing tools, and a jewelry design contest.

The Jewelry Symposium
Events & AwardsFeb 11, 2026
TJS Announces Roundtable, Launches New App

Registration is now open for The Jewelry Symposium, set to take place in Detroit from May 16-19.

The Luanda Accord signatories at the African Mining Indaba in Cape Town, South Africa
SourcingFeb 10, 2026
At Meeting in South Africa, Support for Natural Diamonds Picks Up Steam

Namibia has formally signed the Luanda Accord, while two key industry organizations pledged to join the Natural Diamond Council.

Bad Bunny Performing Super Bowl LX Halftime Show
TrendsFeb 10, 2026
Bad Bunny Wears Football-Shaped ‘Desert Diamond’ for Halftime Performance

Lady Gaga, Cardi B, and Karol G also went with diamond jewelry for Bad Bunny’s Super Bowl halftime show honoring Puerto Rico.

Miraki Jewels heart diamond signet ring
SurveysFeb 10, 2026
Shoppers to Spend Big on Jewelry This Valentine’s Day, Says NRF

Jewelry is expected to be the No. 1 gift this year in terms of dollars spent.

Pomellato Nudo toi et moi ring
FinancialsFeb 10, 2026
Kering Plans Transformation as 2025 Sales Sink 13%

As star brand Gucci continues to struggle, the luxury titan plans to announce a new roadmap to return to growth.

Stuller color of the year 2026 Signature Red jewelry and gemstones
SourcingFeb 10, 2026
AGTA To Debut ‘Stuller Color of the Year’ Spectrum Awards Category

The new category asks entrants for “exceptional” interpretations of the supplier’s 2026 color of the year, which is “Signature Red.”

Stock image of loose polished diamonds
Policies & IssuesFeb 09, 2026
U.S., India Trade Deal One Step Closer to Being Finalized

The White House issued an official statement on the deal, which will eliminate tariffs on loose natural diamonds and gemstones from India.

CASE Awards Graphic
Events & AwardsFeb 09, 2026
JA Now Accepting Entries for 2026 CASE Awards

Entries for the jewelry design competition will be accepted through March 20.

KIL NYC The Pierced Padlock Wounded
TrendsFeb 09, 2026
These 14 Jewels Will Melt Your Heart This Valentine’s Day

From heart motifs to pink pearls, Valentine’s Day is filled with jewelry imbued with love.

Stock image of a gavel
CrimeFeb 06, 2026
Florida Man Sentenced After Selling Fake Native American Jewelry for a Decade

Prosecutors say the man attended arts and craft fairs claiming he was a third-generation jeweler who was a member of the Pueblo tribe.

Luciano Rodembusch
FinancialsFeb 06, 2026
Pandora’s North America GM Departs Amid Executive Changes

New CEO Berta de Pablos-Barbier shared her priorities for the Danish jewelry company this year as part of its fourth-quarter results.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy