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It's been public knowledge for a while now that the Union Square location of Virgin Megastore, the fading music emporium, would be closing. Now there's a date marked for the shuttering: February 1st, 2009. According to Idolator, who picked up the story from Billboard.biz and the New York Sun, "the asking rent is much, much higher than the estimated $100-a-square-foot that Virgin is paying now." As far as we know, the space doesn't have any takers. But wouldn't it be perfect for one of the additional two Topshops that Sir Philip Green is planning for Manhattan?
· Is The Virgin Megastore Going To Escape From New York In 2009? [Idolator]
· Topshop Planning Not One, But Three Manhattan Stores [Racked]