Totokaelo's men store is now open (TotokaeloMAN) and I stopped by earlier today. They did a great job on the minimalist interior design, and it's thankfully much less cluttered compared to the women's floor upstairs. The selection is a mixed bag though, or at least for me, but MMM, Henry Vibskov, Yohji Yamamoto, Robert Geller, and Saturday NYC seemed like the stronger buys compared to the rest. For shoes they have a limited selection of Common Projects, Grenson, and some surprisingly nice ones from Acne. It beats the hell out of Blackbird for sure, and is up on the same level as Jack Straw (obviously with different focuses by the owners).
Some picture of the interior are on their instagram: http://instagram.com/totokaelo/
they unfortunately do not have a picture of the coolest part where there is the small skylit garden and glass walls when you first enter downstairs.