Farewell FAO Schwarz: Last day of business at NYC toy store

NEW YORK (AP) — The FAO Schwarz toy store on New York City's Fifth Avenue is taking a final bow.

The store is closing its doors for good on Wednesday night — though it may reopen elsewhere in midtown Manhattan.

Owner Toys R Us announced the decision in May, citing costs.

The company has had a New York City location since 1870. It opened the iconic flagship store in 1986.

The Fifth Avenue fixture included a candy store, three levels of specialty toy departments and personal shoppers.

It's been featured in several movies, including "Big," where Tom Hanks danced on its large floor piano.

Toys R Us of Wayne, New Jersey, has been privately held since 2005. It bought the FAO Schwarz brand in 2009.