Toys “R” Us closed the iconic FAO Schwarz store in New York City on July 15 due to rising rental costs, the company said.
But don’t lose heart, toy lovers. The company is seeking another Manhattan location — possibly near Times Square — for the store that gained global fame after it was featured in “Big,” the 1988 hit movie that featured actors Tom Hanks and Robert Loggia dancing on a giant toy piano across the FAO Schwarz floor.
World-Wide Business Centres
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