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The reason for the shuttering is old expiring lease issue: Magic Shoes' owner Tina Wu would rather pack up than pay sky-high commercial rent increases while struggling to compete with internet businesses. Though she doesn't have to be out until the end of April, Wu is looking to sell off inventory and shutter within the next couple of weeks. Shoes are priced to move at 80% off. Grab a new pair for less than $20 before Magic Shoes vanishes like so many other indie Bleecker Street stores.
· Magic Shoes [Jeremiah's Vanishing New York]
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