Apple has begun work on its new Grand Central Terminal Retail Store, according to photos obtained by AppleInsider.
The 23,000-square-foot store will reportedly take up Grand Central's north and northeast balconies, displacing Charlie Palmer's Metrazur restaurant. Apple is said to initially be paying $800,000 a year in rent and after 10 years that amount will increase to more than $1 million annually.
The project is expected to take about four months to complete meaning the store may be open before this holiday shopping season.
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The 23,000-square-foot store will reportedly take up Grand Central's north and northeast balconies, displacing Charlie Palmer's Metrazur restaurant. Apple is said to initially be paying $800,000 a year in rent and after 10 years that amount will increase to more than $1 million annually.
The project is expected to take about four months to complete meaning the store may be open before this holiday shopping season.
Read More