Considering how awash in hedge fund money Wall Street is these days, it’s surprising more luxury retails haven’t trekked to downtown. But that changes this Friday, when Hermes opens a store almost directly across from the Stock Exchange.

Serena has the scoop

, though she wasn’t able to include one of her favorites from the collection — this canvas-and-leather “Garden Party” bag. “A steal at $1,475!” she says. I guess if you make enough to buy a third-world country, that’s true. Hermes won’t be alone for long, by the way. Thomas Pink opens next week and Tiffany will follow.