by JAMES BARRON
A three-alarm fire early yesterday gutted an empty town house on the Upper East Side that is owned by Reed Krakoff, the president and executive creative director of Coach, the fashion and leather-goods retailer. One firefighter suffered minor injuries in the blaze at the town house, at 115 East 70th Street, right. A Fire Department spokesman said the blaze, reported around 2:30 a.m., was being investigated as suspicious. The 85-year-old town house has been undergoing renovations since spring, neighbors said.