What an unfortunate situation, the place looks amazing.
But I find this hard to fathom:
In return for renovating its premises and opening the interactive museum, Silverman got a two-year rent-free deal. However, one clause in the lease allowed the mall's owners, Vornado Realty Trust, the option to terminate the agreement with 60 days notice.
Some rent-free deal - you spend your dough and you get an imaginary two year deal because the whole thing can be terminated on 2 months notice - why would you accept such a term? Extraordinary.
I saw this place on one of those US morning programs when it was just about to open a while back , what a pity. On the other hand who would spend that much money on a very loose lease .