Apple’s Grand Central Store Gets Approval
Apple has just won its bid to takeover a 23,000 sq. ft space in Grand Central Station for a new Apple store in New York City. The company agreed to a ten year lease at $800,000 a year, and the store is expected to be one of Apple’s largest and most grandiose stores yet.
The company sent their bid in a few weeks back to the owners of Grand Central Station, the MTA (Metropolitan Transit Authority), and Apple will send in their blueprints in the coming weeks.
While I have to admit it’s cool to have an Apple store near a train station, I’d also worry a bit about the number of muggings that may occur as a result of the new store.
I’d expect security to increase in the station, before any foreseeable pickpockets dominate the train station. Anyways, the move is sure to put a number of smiles on Mac fans’ faces and the store is expected to become one of the most successful stores Apple has yet released.
While rent may jump well over a million dollars per year after the ten-year contract, we are sure that Apple will have no problem paying its rent considering how often they roll out new products and services.