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Rumors are swirling that J&R Records is closing at 1 Park Row by the end of the month, because of plans to put up an apartment building at that address. But we can't know for sure: "I didn't bother asking J&R because the company hasn't been responsive in the past, and this is the kind of thing that no one ever confirms." Update: "'J&R is not closing,' commented J&R president Jason Friedman. 'More exciting info to follow in the coming weeks. Stay tuned.'" [Tribeca Citizen]