FAO Schwarz closes in on new Times Square location
By A Mystery Man Writer
Last updated 16 Jul 2024
![FAO Schwarz closes in on new Times Square location](https://image.cnbcfm.com/api/v1/image/102800052-fao-schwarz.jpg?v=1529468852)
After rent increases forced FAO Schwarz to plan on leaving its Fifth Avenue location, it may have found a new home, the Commercial Observer reports.
![FAO Schwarz closes in on new Times Square location](http://media.bizj.us/view/img/8090792/toys-1*1200xx3717-2091-6-0.jpg)
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![FAO Schwarz closes in on new Times Square location](https://media-cldnry.s-nbcnews.com/image/upload/t_fit-1500w,f_auto,q_auto:best/newscms/2015_20/1029381/fao-schwarz-ejo-051615.jpg)
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