Saturday, February 28, 2009

Will They Meet 40 Virgins in Heaven?

Virgin Megastore will leave large hole in Union Square when they close up shop. And where will the guys pushing home-made CDs go?

Not too long ago, when Virgin's neighbor, Circuit City, shut down we predicted that Virgin could not be far behind. Honestly, we don't know how they lasted this long (maybe they got a cut from the guys hawking their home-made CDs out front?).

This building is owned by Related Management who has one retail tenant left, Union Square Wines, which looks to be in good shape so far. The Regal Cinema is also in this building and no sign of collapse there either. And there's an MRI business in the basement, if you're keeping track.

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