It costs millions to rent the space, a report says.
If you want to head to a Google GOOG store to browse new products in New York City, you’re out of luck for now.
The store would have showcased and sold the company’s products, such as Chromebooks and Google Nexus tablets. Google leased 5,442 square feet of space for the project, but it appears the tech giant—which is now conglomerate Alphabet—has plans to sublease the space.
It will cost $2.25 million per year to rent the space, the report said. Fortune has reached out to Google for comment and is waiting to hear back.
As Crain’s notes:
The tech firm opened its first-ever branded store in London earlier this year.
Google co-founder Larry Page recently spoke to Fortune about his next big challenge.