there better be sharks. and lots of them.

New York's Times Square may be getting a new tenant: a seven-story aquarium.

Jerry Shefsky, a Toronto-based developer, said on Wednesday that he has signed a preliminary agreement with the landlord of an office tower on the western edge of Times Square to go forward with the $100 million project. He would install tanks featuring sharks, rays, penguins, otters, and other animals in the bottom floors of the 40-story building, known as 11 Times Square, hoping to attract some of the 35 million people who pass through Manhattan's major crossroads every year.

Mr. Shefsky, 76 years old, has built aquariums and shopping centers around the world. He cautioned in an interview that the lease agreement for 11 Times Square isn't yet final. But he said he may start building out the space as early as this April with the hope of opening the aquarium in September 2011. (via)