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flag The Tin Building in NYC closed Feb. 24, 2026, due to $83M in losses, with 150 jobs cut and space redeveloped into a balloon art museum.

flag The Tin Building, a luxury food hall in New York’s Seaport district opened in 2022 by chef Jean-Georges Vongerichten, has closed on February 24, 2026, due to financial losses exceeding $83 million and ongoing operational challenges. flag At least 150 employees were laid off, with some offered severance and potential internal transfers. flag The 50,000-square-foot space will be redeveloped into the Balloon Museum, an immersive art experience featuring inflatable installations, set to open this summer. flag The closure follows previous tenant exits, workforce reductions, and a restructuring of the project’s ownership and licensing.

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