Virgin Times Square to Close

Vornado will close the Times Square outpost of the Virgin Megastore during the first quarter of next year, in hopes of getting a rent much higher than the $54-a-square-foot rate being paid right now. "We bought the Virgin business to wind it down to get a hold of the real estate," Retail Real Estate Division head Sandeep Mathrani told Reuters (Related, which holds the lease on the Union Square outpost of the store and co-owns Virgin Megastores with Vornado, hasn't announced its plans for that store yet, but the property's lease expires next February). What tenant will go in there next remains something of a mystery.

2026 Theater Fans' Choice Awards - Live Stats

Best Original Score - Top 3

1. The Rescues , The Rescues - The Lost Boys

41.2% of votes

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28% of votes

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22.9% of votes

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