FAO Schwarz to Close Its Doors Tonight

1 minute read

Wednesday is your last day to dance on the giant piano from Big.

FAO Schwarz, the 45,000-square-foot dreamland famous for its collection of toys—including the Manhattan floor piano where Tom Hanks danced out “Chopsticks” in the 1988 filmwill close its doors today due to rising rents and heightened online competition, the Telegraph reports.

The store, which first opened in New York in 1870, has been at its current 5th Avenue and 58th street location for nearly three decades, and will be replaced by none other than Apple.

FAO Schwarz announced the closing back in May, to the disappointment of toy lovers who grew up with the iconic retailer.

A spokesman from the toy emporium’s parent company, Toys”R”Us, told the Telegraph it was “actively searching” for new space.

 

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