In line with previous rumors, Apple has officially revealed that its massive new retail store inside Manhattan's Grand Central Terminal will be opening on Friday, December 9th. The opening date was made official today with an updated message on the digital signage installed on the construction barrier surrounding the store.
Apple Store, Grand Central. Arriving Friday, December 9.
One MacRumors reader has also provided us with an overhead shot of a portion of the store, revealing that Apple has installed the wood tables where it will display its products for customers to test out. A small portion of the store's Genius Bar can also be seen in the photo.
Meanwhile, in the wake of yesterday's disclosure of Apple's lease terms for the store, which total $60 per square foot and no revenue sharing with the Metropolitan Transportation Authority, The New York Post now reports that the State of New York is investigating the deal.
State Comptroller Thomas DiNapoli has launched an investigation into whether the Metropolitan Transportation Authority (MTA) gave Apple overly generous terms on its lease for the shop, which is slated for a splashy opening next week.
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“The article in the New York Post about the MTA’s contract with Apple in Grand Central Terminal is a cause for concern,” DiNapoli said in a statement yesterday. “This is a prime property, and I intend to make sure that the MTA hasn’t given away the store.”
The MTA has pointed out that Apple is paying four times the rent paid by the previous tenant, the restaurant Metrazur, and that Apple is investing in new infrastructure, including an elevator, to support the store.
In addition, Apple paid $5 million to Metrazur in order to buy out the restaurant's lease, with the MTA arguing that the payment makes Apple's 10-year lease on the store equivalent to $180 per square foot in annual rent. But even considering that payment, which does not go to the MTA, Apple's lease rates remain below that of many other tenants in the terminal and well below market rates charged in other prime shopping areas of Manhattan.
Friday December 12, 2025 10:56 am PST by Joe Rossignol
Macworld's Filipe Espósito today revealed a handful of features that Apple is allegedly planning for iOS 26.4, iOS 27, and even iOS 28.
The report said the features are referenced within the code for a leaked internal build of iOS 26 that is not meant to be seen by the public. However, it appears that Espósito and/or his sources managed to gain access to it, providing us with a sneak peek...
Monday December 15, 2025 3:05 pm PST by Juli Clover
Software from an iPhone prototype running an early build of iOS 26 leaked last week, giving us a glimpse at future Apple devices and iOS features. We recapped device codenames in our prior article, and now we have a list of some of the most notable feature flags that were found in the software code.
In some cases, it's obvious what the feature flags are referring to, while some are more...
Monday December 15, 2025 2:05 pm PST by Juli Clover
Last week, details about unreleased Apple devices and future iOS features were shared by Macworld. This week, we learned where the information came from, plus we have more findings from the leak.
As it turns out, an Apple prototype device running an early build of iOS 26 was sold, and the person who bought it shared the software. The OS has a version number of 23A5234w, and the first...
The first foldable iPhone will feature a series of design and hardware firsts for Apple, according to details shared by the Weibo leaker known as Digital Chat Station.
According to a new post, via machine translation, Apple is developing what the leaker describes as a "wide foldable" device, a term used to refer to a horizontally oriented, book-style foldable with a large internal display....
Monday December 15, 2025 4:23 pm PST by Juli Clover
Apple is testing iOS 26.3, the next version of iOS 26 that will launch around January. Since iOS 26.3's testing is happening over the holidays, it is a smaller update with fewer features than we've seen in prior betas.
We've rounded up what's new so far, and we'll add to our list with subsequent betas if we come across any other features.
Transfer to Android
Apple is making it simpler...
Friday December 12, 2025 10:10 am PST by Juli Clover
Apple today released iOS 26.2, the second major update to the iOS 26 operating system that came out in September, iOS 26.2 comes a little over a month after iOS 26.1 launched. iOS 26.2 is compatible with the iPhone 11 series and later, as well as the second-generation iPhone SE.
The new software can be downloaded on eligible iPhones over-the-air by going to Settings >...
Thursday December 11, 2025 8:49 am PST by Joe Rossignol
Apple seeded the second iOS 26.2 Release Candidate to developers earlier this week, meaning the update will be released to the general public very soon.
Apple confirmed iOS 26.2 would be released in December, but it did not provide a specific date. We expect the update to be released by early next week.
iOS 26.2 includes a handful of new features and changes on the iPhone, such as a new...
Monday December 15, 2025 7:41 am PST by Joe Rossignol
Apple released the AirPods Max on December 15, 2020, meaning the over-ear headphones launched five years ago today. While the AirPods Max were updated with a USB-C port and new color options last year, followed by support for lossless audio and ultra-low latency audio this year, the headphones lack some of the features that have been introduced for newer generations of the regular AirPods and the ...
So because the MTA "Ripped off" the taxpayers by signing a legally binding contract that is most likely irrevocable--the state government will spend more taxpayer money investigating it.
Nevermind the fact that at Apple's average of $5600 per square foot of revenue, this 23,000 sq foot space will generate over $11 million dollars in sales tax revenue alone for New York each year. That's around $478 per square foot if you're doing the math.
The simple fact is that Apple's stores generate exponentially more revenue than any other retail operation that would open there. The MTA could have paid Apple $50 per square foot to take the space and still come out ahead for New York. That doesn't even account for the boost that other retailers will see on top of what comes directly from Apple.
There is a reason why politicians run for office instead of running businesses or doing real work. They are incapable of it, and this is a shining example.
Money the store will bring in for the Terminal, and surrounding businesses, is why the MTA did this, which is smart. Kill the deal at this point, and Apple walks, you'll get a Forever 21 in there with a Starbucks attached.
Okay, who actually owns the building? Does the City/State or is it privately owned?
I thought it was privately owned, but the article mentions that transit authority handled the deal.
If it is privately owned, then who cares what deal was made to get Apple in the door? I'm sure malls across the country give deals to certain retailers to come to their malls.
Let's say someone in the state of NY figures out that the contract is too generous to Apple. And they want more money. Doesn't matter. The contract is signed. If they want out, Apple will probably allow them to cancel the contract as long as they pay Apple back all the money that Apple invested. And then someone will figure out that this is a very, very expensive plan.
"So I took the time to actually read the underlying and related articles. Apple is paying 4x the rent the prior tenant was. In addition to that they built out an area that was not being rented at all to add square footage to the overall effort. It turns out this space is considered "oddball" because it is not formatted in a way very many tenants could find a way to make it work. While it is true they are not paying a percentage of gross in addition to rent, they are paying four times the prior rental rate to offset it."
One can always count on NY State Democratic lawmakers to be investigating something that can generate high profile news stories. It's their eventual road to the governors office (Spitzer, Cuomo, etc.)
Lucky thing no Republicans ever hype some relatively trivial story to garner cheap, high profile news stories. I know they're too morally upstanding to stoop to such low tactics. :D
It's only those dopey Democratic politicians who work the media for their advantage. Darn them for such crummy tactics.:rolleyes: ;)
