New York-based Insignia/ESG Inc. has arranged a 101,000 sq. ft. lease for Toys `R' Us in the Bowtie Building at 1514 Broadway in Times Square. The toy store, slated to be one of the largest in the world, will occupy three floors in the historic building and is scheduled for completion in June 2001.

The store is located on a heavily trafficked corner in the center of Times Square, which has more than 1.5 million pedestrians passing through daily.