October 4, 2024

Apple Leases Space For Its First Executive Office in New York City

Posted August 18, 2011 at 9:09pm by iClarified · 7336 views
Apple has reportedly leased space for its first executive office in New York City, according to Business Insider.

The Kaufman Organization signed a 40,000 square-foot lease for Apple at 100-104 Fifth Avenue in New York City. Apple already leased a 10,000 square-foot chunk of the Kaufman building back in January for the iAd group, and now it is taking a bigger chunk of the building for its first executive office in NYC.

The space will reportedly be used to launch new business projects and look similar to Apple's retail stores with an all white lobby, sleek elevators and LED lighting. The asking price for the retail space was $55 per sq ft.

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