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Though this sliver of a space--located on the second floor of a nondescript Madison Avenue building--might look a bit humble, this knitters' joint crams in a bevy of luxe brands of mohair (starting at $8), bamboo and metal needles (from $6), and books (beginning at $6). Plus, its helpful, knowledgeable staff can help you rescue a dropped stitch or two.

Find more shops at Time Out New York.