Apple Officially in Discussions for Retail Store Space in Grand Central Terminal
Earlier this year,
reports surfaced claiming that Apple was pursuing a potential new retail store location in the historic Grand Central Terminal in Manhattan, a hub for both commuter and tourist activity.
Claims had even suggested that the store could be the company's largest. But a few weeks later,
word appeared claiming that Apple had backed out of its plans.
But according to The Wall Street Journal, Apple is indeed in discussions for a space in the terminal checking in at around 15,000 square feet, a fairly large store although not the company's largest.
The Metropolitan Transportation Authority is looking for new tenants for a marquee space in Grand Central Terminal, and computer giant Apple Inc. has expressed interest in putting a store there.
The agency is looking for a single renter for two adjacent balconies on the north and east sides of the terminal. It will issue a request for proposals Monday.
According to a spokesman for the Metropolitan Transportation Authority (MTA), the agency has spoken to Apple about the opening and is hoping that the company bids on the space.
The report hints that the MTA may be working specifically to find space for Apple, as successful restaurant Metrazur is one of the businesses closing to free up the space and the restaurant's owner suggests that he will be receiving a substantial buyout for agreeing to end his lease well before its 2019 expiration.
A new tenant would be required to pay Mr. Palmer a substantial sum of money to vacate his lease.
"It's an offer that's hard to refuse," said Mr. Palmer, who declined to put a number on it. "It's hard to compete with whatever that company might be that's taking the space."
Retail space in Grand Central Terminal is awarded through an open bidding process, meaning that Apple's official intent to bid on the space should become public as the selection process moves forward.
Popular Stories
Apple has returned to using two 128GB storage chips in the new Mac mini with 256GB of storage, according to a partial teardown video shared on social media today. This means the base-model Mac mini with the M4 chip will not have significantly slower SSD speeds compared to higher-end configurations of the computer with 512GB, 1TB, or 2TB of storage, as multiple NAND chips allows for faster SSD...
Apple today seeded the second betas of upcoming iOS 18.2 and iPadOS 18.2 updates to developers, and Apple is continuing to refine the Apple Intelligence capabilities. There are also a handful of smaller features that are worth knowing about.
Find My
Find My has a new option to Share Item Location with an "airline or trusted person" that can help you locate something that you've misplaced....
Black Friday sales are continuing today with Best Buy kicking off early Black Friday deals that will last for the next few days. Similar to other retailers, Best Buy's early Black Friday event includes sitewide savings on Apple products, headphones, TVs, monitors, video games, and more.
Note: MacRumors is an affiliate partner with Best Buy. When you click a link and make a purchase, we may...
Law enforcement officials in Detroit, Michigan are warning other police officers about an alleged iPhone change that causes Apple devices stored for forensic examination to spontaneously restart, reports 404 Media.
iPhones that are undergoing examination have apparently been rebooting, which makes them harder to unlock with brute force methods, and Michigan police think that it's due to a...
Black Friday is just around the corner, and Apple Watch deals have begun appearing ahead of the shopping holiday on November 29. In this article, we'll take a look at all of the best early Black Friday Apple Watch deals, including the new Series 10 models.
Note: MacRumors is an affiliate partner with some of these vendors. When you click a link and make a purchase, we may receive a small...
Apple has started notifying users about an upcoming revision to its iCloud Terms and Conditions, which takes effect on Monday, September 16.
We compared the text of the upcoming iCloud Terms and Conditions with the current U.S. version from September 18, 2023 and identified four key changes:
"Apple ID" references have been changed to "Apple Account" throughout.
iCloud users must agree to ...
The first wave of reviews of Apple's new M4-powered MacBook Pro models were published this morning. We've collected some of the latest impressions from YouTube channels and select media outlets below.
Apple last month announced the new 14-inch and 16-inch MacBook Pro models, adding next-generation M4, M4 Pro, and M4 Max chips, with Thunderbolt 5 ports on higher-end models, display and camera ...