RETAIL mouseketeers tell us that Disney is thisclose to a monster deal with Vornado Realty Trust for a mega flagship in Times Square.

Disney has been sweeping Times Square for years, hoping to find an appropriate venue to replace the Mouse House’s current flagship store at 711 Fifth Ave., where the lease for more than 60,000 feet is up in 2010.

In fact, brokers say they’ve been told that space in the Coca-Cola Building can be made available earlier – if they lease it.

Sources say Disney very much wants to relocate to the center of the action that it essentially spawned with its renovation and 1997 opening of the New Amsterdam Theater on W. 42nd St.

But the area’s high rents are now making it a victim of its own success.

Vornado has been asking an eye-popping $1,000 a foot for the 60,000 feet that consists of the former Bar Code triplex, the Virgin superstore and the four former Lowe’s movie theaters.

The pricing however, is on par with the American Eagle deal for the former HoJo site on Broadway that we told you about first.

With spectacular signage, multiple levels and lots of configurations for exits and entrances, Disney creativity can run wild. Sources said Vornado already has interior renderings in its offices.

Vornado Chairman Steve Roth, who brought H&M to its first city location on Fifth Avenue, is known for biding his time for the right tenant and the right timing.

Indeed, IHOP was keen on flapping its pancakes at the Times Square location, but he wasn’t.

The British cheap-chic retailer Topshop also toured the Times Square space, but when they balked at the pricing, Roth corralled them at one of Vornado’s Soho properties, where the chain will open a much-anticipated store in October.

No one from Disney or Vornado returned calls for comment.

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Post Properties is trying to bail out of its two luxury rental buildings in the city and others around the country to help raise cash for the Atlanta-based company.

A sale of the 199-unit Post Toscana at 389 E. 89th St. and the 138-unit Post Luminaria at 385 First Ave. would add approximately $250 million to the company’s coffers.

That figure is less than current replacement costs as both buildings were completed about five years ago with condo-level finishes.

They remain rent regulated for another five years through the 421a abatement program, but a few available units are fetching high market rents.

While the local Claret Group developed the buildings in a joint venture, a company spokeswoman said they previously sold their interests back to Post.

The developer revealed the upcoming sale during a conference call last week and Atlanta sources tell us they have hired investment maestro Douglas Harmon of Eastdil Secured to bring them to market.

Last year, Harmon sold the Apthorp for $426 million – setting a record – and the Camargue for $169 million.

Residential rentals have remained a bright spot in the city as people who want to take a breather and wait for home prices to fall more.

A spokesman de clined to comment. Harmon could not be reached for comment.

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Holly Dunlap‘s Hollywould boutique is moving from 198 Elizabeth St. to space in a brand new Nolita building.

The flirty fashion retailer has signed a 10-year lease for 1,236 feet at 211 Elizabeth St., which is rising at the corner of Prince Street.

The asking rent was in the mid-$200s per foot and a few sister spaces are still available.

Laura Pomerantz and Betty Ende of PBS Realty Advisors represented Hollywould. Robert K. Futterman & Associates’ Karen Bellantoni and Beth Rosen represented the developers Robert A. Siegel and Peter J. Manning.

Dunlap previously worked for fashion brands including Christian Lacroix Haute Couture, Vivienne Westwood and Lilly Pulitzer.

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