The Wall Street Journal has today revived suggestions that Apple is looking to open an Apple Store in the New York Grand Central Terminal. Back in early February there had been reports from the New York Observer that Apple was planning to open their largest store at the terminal. Those rumors were then squashed in early March after reports surfaced that negotiations had fallen through.
Todays report from the WSJ claims that the Metropolitan Transportation Authority (MTA) is looking for new tenants and that Apple has expressed interest in establishing a retail presence within Grand Central. The space on offer is large, but not large enough to be the world’s largest Apple Store – which is currently the Regent Street (London) store which is 25,000 square feet.
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.
A spokesman for the MTA told the WSJ that the agency dealing with the space has spoken to Apple and is hopeful that they bid on the space. Their report also suggests that the MTA may even be working specifically to find space for Apple, offering two adjacent spaces for rent, even though one is still occupied by a tenant. That tenant, who operates the Metrazur restaurant, would likely receive a hefty buyout from whoever purchases the space.
If Apple is interested in renting the space they will have to do so publicly – with all retail space within Grand Central awarded through an open bidding process. Jump the break for a plan of the retail space on offer – highlighted in red on the right hand side, labelled “East Balcony”.
