Forever 21's "Temporary" Fifth Avenue Store Extends Its Lease

Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to Vox.com, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.

The Forever 21 at 693 Fifth Avenue was only supposed to stay open for six months, but alas, over a year later it's still standing. Today, the Post reports that the space is getting less and less temporary by the second, as the mega chain has just announced that it's acquired a one-year extension on the lease.

So, do you know what that means? More $12.80 cardigans for everyone! And by everyone, we mean as many people that can possibly cram into six floors of "club" dresses.
· Finally, action on 42nd Street (5th item) [NYP]
· Takashimaya Forever 21 Is Better than the One in Times Square [Racked NY]
· Takashimaya Building Finally Has a Retail Taker: Forever 21 [Racked NY]