NEW YORK CITY, NEW YORK — The world's most famous toy store is closing.
Or moving. They're not saying yet.
Either way, Wednesday is the last day for FAO Schwarz on New York's Fifth Avenue.
FREE APPS | NOW | FACEBOOK | TWITTER
- Pittsburgh girl crowned national champion of MLB Pitch, Hit & Run competition
- 4 reasons gas could drop to $2 per gallon or less
- Teen saves friend's life with her final act, completing bucket list
- PHOTOS: 2015 All-Star game
After more than 150 years, FAO Schwarz is closing its doors.
It's been in this location for nearly 30 years and has evolved from a giant toy store to a New York City tourist destination.
Officials say they will re-open in another location, but nothing firm has been announced.
No reason was given for the closing -- or the move -- but real estate experts say the rent in its current home could be as much as $15 million per year.
FAO Schwarz has been featured in films as well. Most notably the movie "Big" when Tom Hanks' character plays the giant keyboard.
In fact, that keyboard has been the store's most popular attraction.
There is talk of it reopening next fall in Times Square.
WPXI
/cloudfront-us-east-1.images.arcpublishing.com/cmg/XCUXZC2XYZHCRGNNGKFEX6U3LQ.png)
