Apple Store Grand Central Arriving Friday, December 9, 2011. You can see in the above picture, it is the definite proof that Apple’s enormous store in New York’s City, the Grand central terminal opening doors for business just in time for Christmas. Kudos to Marco Arment, the instapaper developer, for tweeting the above photo clearly shows the “Arriving Friday” temporary signage adorning Apple’s trademark black curtain used to tease a forthcoming grand opening.
State Comptroller Thomas Di Napoli plans on taking a closer look at Apple’s dirt cheap deal with MTA, which leased store space in Grand Central Terminal at a bargain price of just $60 per square foot (works out to $ 800,000 during the first year) versus the $200+ per square foot most other tenants pay.
According to the Fortune’s Philip Elmer- DeWitt, the store could measure at 23,000 square feet, nearly matching London’s Regent Street (25,000 square feet) and Covent Garden (24,600 square feet) outlets. It should gather in a hundred million dollars in revenue per year:
Some 750,000 people pass through the Grand Central’s marble halls every day, and traffic swells to more than 1 million per day during the holidays. According to the terminal’s official website, 50% of its commuters household incomes are over $ 100.000, and 20% are over $200,000.
