Apple will soon add another Apple Store location to its retail stable in New York City: Grand Central.
The Wall Street Journal reports that Apple has signed a decade-long deal with the Metropolitan Transportation Authority for a 23,000 square-foot space on Grand Central's east side. With the move, the Grand Central location will be Apple's largest - and what better place to put it?
Apple will pay $1.1 million a year for the space, a much higher price than the $200,000 the current tenant is paying. The store's construction should take around four months, and Apple intends to start building as soon as possible.
The one potential issue? Trying to get to work at Grand Central as hundreds of people line up for the latest iPhone. If any part about the deal should give the MTA - and New Yorkers - pause, that should be it.
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