Company World of Disney NY leaving 5th Ave

Tom Morrow · 08-09-2008, 12:08 AM

World of Disney NY leaving Fifth Avenue location

Disney to dump Fifth Avenue spot
The company cited high rent as the reason for its decision not to renew a lease at the Fifth Avenue World of Disney store, considered Disney's flagship retail spot

crain's New York
Walt Disney Co. announced Friday that it will not renew its lease for its World of Disney store at 711 Fifth Ave. when it expires in 2010 because of hefty rent increases. The entertainment conglomerate notified its 220 store employees, called “cast members,” Thursday and Friday that it will be leaving its current 36,000-square-foot space, Disney’s only Manhattan location.

“The Disney Stores are going to be reviewing other potential locations in the Manhattan retail market,” said spokesperson John Nicoletti.

Speculation abounds for the company’s Big Apple relocation. Some in the real estate industry expect Disney to move to an even more tourist-laden area like SoHo or Times Square.
by Adrianne Pasquarelli

complete article

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Jabberwock · 08-10-2008, 05:12 PM

NYC is so ridiculously expensive...
But such a great city

TimmyII · 08-10-2008, 05:30 PM

Just returned from NYC a couple weeks ago....what a city. Didn't have time to visit WOD NYC, but that's alright.

rgoofy · 08-11-2008, 08:22 PM

Who cares? disneyshopping.com gets enough of my money anyway.

richboi117 · 08-12-2008, 02:18 PM

Quote:

Originally Posted by queensandkings

NYC is so ridiculously expensive...

So is Disney. Seriously.

MVP · 08-12-2008, 04:12 PM

they really should put a store in SF it would be perfect! for me!!!

AraBrokenDreamer · 08-12-2008, 08:00 PM

Quote:

Originally Posted by richboi117

So is Disney. Seriously.

The parks or the stores? Because that's frosting of another flavor.

-Ara

08-10-2008, 05:12 PM	#2 (permalink)
Jabberwock Yes We Can Join Date: Mar 2006 Location: California Posts: 197 My Mood:	NYC is so ridiculously expensive... But such a great city __________________

08-10-2008, 05:30 PM	#3 (permalink)
TimmyII Join Date: Jul 2005 Location: Roseville, CA Posts: 1,012 Images: 6 My Mood:	Just returned from NYC a couple weeks ago....what a city. Didn't have time to visit WOD NYC, but that's alright. __________________ TimmyII -- Former Disneyland Cast Member 1996-2001 Department 384 "Disneyland is not just another amusement park...Disneyland is a show!" - Walt Disney My Countdown Counting down to: My trip to Disneyland Paris! 190 days 15 hours 33 minutes

08-12-2008, 04:12 PM	#6 (permalink)
MVP Join Date: Aug 2005 Location: LB,CALi (Los Banos) Posts: 537 My Mood:	they really should put a store in SF it would be perfect! for me!!! __________________ Toy Story MIDWAY Mania High Score: 202,000

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08-11-2008, 08:22 PM	#4 (permalink)
rgoofy rgoofy Join Date: Jul 2005 Location: Crescent City, CA Posts: 40 Images: 11 My Mood:	Who cares? disneyshopping.com gets enough of my money anyway.

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