"We are all devastated by today's tragedy. We loved Kate dearly and will miss her terribly. We would ask that our privacy be respected as we grieve during this very difficult time," the statement read via The New York Times.
Earlier this morning, E! News reported the 55-year-old fashion designer was found in the bedroom of the Park Avenue apartment by her housekeeper. A note was also said to be left at the scene. Her husband, Andy Spade, was home at the time.