Apple To Open Store At New York’s Iconic Grand Central Station

Apple To Open Store At New York’s Iconic Grand Central Station

Is there nowhere Apple will not expand its line of silvery wood-accented retail stores? Glass cubes in Manhattan. Multi-story facades on Boylston in Boston. And now, piling on New York again, Apple is set to descend on Grand Central.

The $US800,000/year rent is a smidge higher than what the previous tenant, restaurant Mtrazur, was paying (“only $US300,000), and will create about $US5 million per year in profit.

The location will be undoubtedly iconic as well, with Apple having secured a 10-year lease ( a rarity in the cutthroat Grand Central real estate scheme). Renovations on the location are planned. Could they be spaceship-shaped, or is that reserved for just Cupertino, I wonder? [Electronista]