Oh Christ... where am I going to spend money I don't have in New York now?The Virgin Megastore in Times Square is going to close in 2009.
Reuters say "Vornado, the company that owns the property, is forcing out the struggling chain so that it can up the rents on a new tenant"Virgin pays $54 a square foot in an area where rents can easily fetch $700, an executive vice president at Vornado told Reuters.
The chain's Union Square location should also vanish early next year.
2 comments:
Dire news indeed!
Where will you go shopping at midnight now?
Very sad, and it will probably be turned into a fast food place.
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