Grand Central Terminal Stories May 7, 2014

MNY325745

New Yorkers (and the tourists who come to the city) love their Apple gear, it seems, and five stores in Manhattan just isn’t enough. Just last night we reported that Apple was planning to open a new Store in the New World Trade Center complex.  The race to #6 after Soho, Meat Packing District, 5th Avenue, Lincoln Center, and Grand Central is on as ifo Apple Store reports that Apple is planning to open a sixth store on the island in a former bank building on Madison Avenue next year.

Continuing its tradition of creating magnificent stores from historic buildings, Apple has begun work to transform a former bank building on New York City’s Upper East Side into a retail store. Various sources confirm that construction planning is underway for 940 Madison Avenue, a limestone and marble building now occupied by luxury retailer VBH …

expand full story

Grand Central Terminal Stories July 30, 2012

New York State audit reveals that MTA gave Apple unfair advantage in Grand Central Store bidding

New York state Comptroller Thomas DiNapoli’s latest audit suggested the Metropolitan Transportation Authority gave Apple an unfair advantage last year when the company bid for a spot in Grand Central Terminal.

According to The New York Post:

  • A fresh audit by state Comptroller Thomas DiNapoli says the MTA last May allowed the California-based tech giant to set a daunting hurdle for rival bidders to clear in a tight, 30-day window — namely, that they be willing to front $5 million in cash.
  • “The competitive process followed by MTA . . . was at a minimum severely slanted toward Apple,” reads the report, submitted to MTA officials Friday and expected to be made public today.
  • DiNapoli’s report notes that Apple had been in private talks with the MTA for more than two years leading up to the bidding process.
  • In a saucy move that was rejected by the MTA, Apple even tried to get reimbursed by taxpayers for the initial $2 million it had paid the restaurant Metrazur to vacate the balcony atop the historic commuter hub, the report found — a deal that ultimately was worth $5 million.

MTA Chairman and CEO Joseph Lhota told The New York Post that DiNapoli’s report is overtly “bias against the MTA and Apple,” and he said the audit is “not fact-based, and, accordingly, their opinion is worthless.”

“The MTA’s lease process with Apple was open, transparent and followed both the spirit and letter of the law,” Lhota contended.

Apple opened its doors in Grand Central’s last winter and pays $1.1 million in rent for 2012, which the audit noted is below market, and the company notably does not share a percentage of its sales with the MTA. It is the only retailer at the station with such a deal.

On the plus side, there is an awesome Apple Store with free Wi-Fi in Grand Central Station!

[The full audit does not appear to be online as of press time.]

Grand Central Terminal Stories January 19, 2012

Apple has opened retail stores prime locations like Grand Central Station and Fifth Avenue in New York, Covent Garden in London, the Louvre in Paris, and its Beijing store with a 40-foot curved glass exterior. While those stores may be large, beautifully architected, and significant, Apple is preparing a new store that will be even more extraordinary for the decade-old retail chain…

expand full story

Grand Central Terminal Stories January 17, 2012

Apple currently has only one other Apple Store in New York City outside of Manhattan that is located in Staten Island. Things could change, however, according to a new report from NY Daily News that clamed retail developer Yeheskel Elia is working with Apple to bring an “iconic store” to Queens, New York. The specific location of the store would be Austin Street in Forest Hills.

Nothing is official because Elia and Apple are still working on more details. Elia said he would do anything to bring an Apple Store to the bustling area. If a deal is reached, Elia said a store could open in under a year. Several months ago, an Apple broker also reached out to Elia regarding the new store.

The deal would be a “kick in the pants” to the neighboring rival Brooklyn who, with borough president Marty Markowitz and local hipster legions, has campaigned nonstop for an Apple Store for years.

When NY Daily News reached out for comment from Apple, in a typical fashion they responded, Apple has “made no announcements” regarding a NYC store outside of Manhattan (sorry Staten Island).

expand full story

Grand Central Terminal Stories December 12, 2011

[vodpod id=Video.15812105&w=650&h=420&fv=videoGUID%3D%7B645A7F70-4DE7-48FF-8058-03B54A358C3C%7D%26amp%3Bplayerid%3D2001%26amp%3BplyMediaEnabled%3D1%26amp%3BconfigURL%3Dhttp%3A%2F%2Fm.wsj.net%2Fvideo-players%2F%26amp%3BautoStart%3Dfalse] As a Grand Central commuter, Late night talk show host Jimmy Fallon articulates my feelings on two great things coming together.

But here’s an awesome bonus that offsets the added foot-traffic that stands between me and my train: Free speedy Wifi which stretches throughout the main concourse.  It is fast and it goes way beyond the store (even in some trains!).  I wonder what was required by its contract with the MTA and which is Apple just being cool. expand full story

Grand Central Terminal Stories December 10, 2011

There isn’t much here that you didn’t see yesterday but it is satisfying to see the MTA’s pride in the accomplishment, which may also be in response to concerns that Apple got a ‘sweetheart deal‘.

Update: Apple posted some choice shots to their gallery as well (below) expand full story

Grand Central Terminal Stories December 9, 2011

The Grand Central Terminal store opening had Steve Cano and Bob Bridger in attendance

Until November 1, 2011, Apple’s widely successful retail branch was headed by Ron Johnson, J.C. Penney’s new CEO. Since announcing his leave in June of this year, discussion has run ramptant in regards to the successor of Apple’s vital retail division’s leader. Under Ron Johnson sat three central executives responsible for the upkeep and success of Apple’s retail business: Jerry McDougal, Vice President of Merchandising; Bob Bridger, Vice President of VP of Real Estate; and Steve Cano, Senior Director of  International Retail Operations.

In early November, a report claimed that Steve Cano was tapped as the successor of Ron Johnson, but Apple quickly shot down this report and provided comment to 9to5Mac on the situation:

The search for a replacement for Ron Johnson continues, and Apple has nothing to announce about this subject at this time.

With Apple yet to announce a successor for Ron Johnson, the above comment still stands true. Apple has been actively searching for a new retail chief and according to a report from August, Apple has been working with world-renowned executive search firm Egon Zehnder International to find their new retail chief. At this point, it also appears that Jerry McDougall and Bob Bridger won’t be running Apple retail as neither of them are running the retail show right now.

So, who is running Apple retail?  expand full story

We’ve had a ton of coverage on what has become today Apple’s new flagship retail outlet. At 10am this morning, the 23,000 square foot Grand Central Terminal store finally opened doors for business and big crowds filled the concourse of the Terminal ahead of grand opening. Apple is handing out 4,000 black T-shirts with “Apple Store, Grand Central” graphic resembling a train arrival board, similar to that used as a blockade prior to the opening.

Our Seth Weintraub went to film the store and you can see him in the clip above getting out of the VIP elevator at the top, wearing a press pass (more clips after the break). Also, make sure to check out the below gallery, providing a glimpse of just how massive and breathtaking this new store is. Mind you, just the perfect scene for one of Samsung’s adverts bashing line waiters.

This slideshow requires JavaScript.

See the first image in the slideshow? Yeah, that’s actor Michael J. Fox. Cool or what? We also have a Whoopi Goldberg showing and another featuring Gary Allen (a guy with the beard) who runs ifoapplestore.com, a site dedicated to Apple’s retail strides. As you recall, a couples days ago 9to5Mac got some shots from inside the store and Apple confirmed the store would indeed be open from 7am to 9pm Monday to Friday, 10am to 7pm Saturdays, and 11am to 6pm on Sundays. The store has 315 employees, two genius bars, the new 15-minute Express Workshop and also offers Personal Pickup, among other features.

expand full story

An incredible new Apple store inside New York City’s landmark Grand Central Terminal – one of Apple’s largest stores in the world – is set to open this morning at 10am and already hundreds have queued up. The Fortune’s Philip Elmer-DeWitt snapped up the above shot showing staffers on the balconies above Grand Central Terminal and hundreds of fans stretching all the way down one track and part-way back.

The company will treat avid fans to cool perks, such as 4,000 black shirts with “Apple Store, Grand Central” spelled out in lettering, resembling a train arrival board. The Mac maker also posted the below press shot on its PR site. A dedicated page for the 23,000-square-foot store on Apple’s web site reveals the store work hours Monday through Friday from 7am to 9pm, 10am to 7pm on Saturdays and on Sundays from 11am to 6pm. Here’s a glimpse of the excitement.

The store’s extended holiday hours plus another video are right after the break. Our own Seth Weintraub is on hand so stay tuned for more updates, coming soon.

expand full story

Grand Central Terminal Stories December 7, 2011

Image by jennydeluxe

Grand opening of Apple’s massive new store inside New York City’s Grand Central Station is scheduled for Friday, December 9 at 10am, but today at 10am is a “media day”. Ahead of the event, first images of the store’s interior are cropping up all over the web. UPDATE: Apple just released a press statement formally announcing the new store. The new outlet is open from 7am to 9pm, Monday through Friday, Saturday 10am to 7pm and Sunday 11am to 6pm as we reported last week.

This slideshow requires JavaScript.

The release also mentions 315 employees that work at the store, providing services such as Personal Pickup, two Genius Bars, the new 15-minute Express Workshops that offer “tips and tricks in a streamlined format to serve customers on a tight schedule” and of course the EasyPay system via the updated Apple Store app which lets folks “scan and pay for accessories with their iPhone”. More images, full release and another video by Fortune’s Philip Elmer-DeWitt right after the break.

expand full story

Grand Central Terminal Stories November 23, 2011

.

The wraps are coming off of the Grand Central Apple store frontage to reveal a ticker sign according to our morning commuter tipster.   The screens move like flipping letters of the old Grand Central timetables.  The design is reminiscent of Apple’s Green Monster Facade at the Boston Store.

A construction worker on the scene said that the store wasn’t going to be opening any time soon, reiterating a comment from yesterday.  Apple had originally hoped to have the store open for the Black Friday shopping rush, but now rumors are floating around of Friday, December 9th.

Another angle and more signage snaps below — including video.  Thanks Michael Ortega from Stamford, CT and others!

expand full story

Grand Central Terminal Stories November 22, 2011

It appears that Apple isn’t satisfied with the progress on the Grand Central Apple Store and is postponing the opening at least a week perhaps more.  Clearly, Apple would have preferred to have another huge venue open for Black Friday but we’ve been told by a GC Apple employee today that they’ve been told to continue working at other New York Area Apple Stores during Black Friday weekend.

Last weekend, a group of employees was told that the opening announcement was scheduled for today and Apple was going to try to open for Black Friday.

On the other hand, it is good to have an abundance of Apple Store workers on hand at the other NYC Apple Stores for the busiest shopping weekend of the year.

We’re sorry we got your hopes up and we’re still hoping to see the store open next week.

Update: Mashable spoke to a construction worker who has said as much.

expand full story

Grand Central Terminal Stories November 21, 2011

As Apple’s former retail chief Ron Johnson sets its sights on re-inventing the shopping experience at the J.C. Penney department stores and the search for his replacement continues, the Cupertino, California-headquartered gadget designer isn’t resting on its laurels. Future plans call for continuation of an aggressive retail expansion that includes 40 new stores during fiscal 2012, thirty of them outside the United States. expand full story

Grand Central Terminal Stories November 20, 2011

Update: We’ve been told there has been a delay.

This slideshow requires JavaScript.

We reported on the construction progress of the future Apple grand Central store earlier this month and have since received further information and pictures from our  trip to the location and from the tech blog, Techfootnote. Both sources grabbed shots of the upcoming Grand Central Apple Store as it was actively being worked on Friday, November 18th.  There were dozens of construction workers and corporate reps putting the final touches on the future store.  In the images you can see what looks to be several large hanging boards.  The boards are hung on large hooks, which would make it easy to pull off and reveal what is behind the boards.

9to5Mac has heard that Apple will officially announce the opening of the Grand Central Apple store this Tuesday and presumably pull the black boards to reveal the announcement.  This store garners extra special attention because it will be Apple’s largest in the world by square footage and resides in a building where 750,000 people pass daily and over 1,000,000 people during the holidays.  Check out our previously posted spyshots of the location for a sneak peak of the store.

The Grand Central Apple Store will have little over 300 employees, which are currently training in other local NY Apple stores.  All Apple retail employees will be attending a holiday-focused (policies / loss prevention) meeting tonight.

From what we have now heard, Apple will be filling the store with stock and applying the finishing touches this week putting the  the actual opening of the store on Black Friday or shortly thereafter.  The goal all along has been to get the store open for the holiday shopping and to make a big splash with Apple’s new crown jewel of retail.

Wall of Monitors spied between pillars, right, Video of the store space below (more here):

expand full story

Grand Central Terminal Stories November 8, 2011

Apple is beginning to prepare for the upcoming holiday shopping season by putting the final touches on several retail locations and reinventing the way their visitors buy Apple gear.  Most notable is opening up a flagship store in New York’s iconic Grand Central Station.  Why is Grand Central such a big deal, especially when there are already Apple Stores in New York in affluent neighborhoods?  Here are some quick facts on Grand Central:

  1. 750,000 people pass through Grand Central daily and over 1,000,000 people during the holidays
  2. Mean household income for Grand Central Terminal commuters is $95,800; 50% of household incomes are over $100,000, and 20% are over $200,000.
  3. The captive shopping population of more than 326,000 neighborhood office workers earn a combined $11.3 billion a year.
  4. An average 7,500 people an hour pass the corner of 42nd Street and Vanderbilt Avenue, making it one of the busiest intersections in the city.
  5. 21.6 million out-of-town tourists, with a mean income of $62,000, visit Grand Central each year.
  6. Grand Central is served by Metro-North commuter trains, 31 commuter and 15 city bus routes, 7 subway lines, buses to and from the area’s three airports, and two million taxis a year.
  7. Grand Central Terminal subway station is the busiest stop in the New York City subway system.

The future Grand Central Station Apple Store is progressing towards an end of November opening.  Future employees for the store have been going through their “Core” training for the past several weeks at a hotel in Times Square, Midtown Manhattan… expand full story

Grand Central Terminal Stories September 2, 2011

While Apple’s London Covent Garden and Regent Street stores have given the company a prominent presence in the city centre, a proposed development at 100 Cheapside in London’s uber-rich financial district may be threatened by neighbours claiming rights to sunlight.

ifoAppleStore got their hands on a rendering of the proposed development which would cover 87,000 square-feet of office space, and 13,000 square feet of ground floor retail space. A report from Reuters notes that Apple is currently interested in moving in. Judging by the mock up above, an Apple retail space would fit nicely in that large windowed, street-level storefront.

However, it looks like if Apple is really interested in making it happen they might have to throw some of those billions to appease neighbours and get the job done. Reuters reports: expand full story

Grand Central Terminal Stories July 25, 2011

As a Grand Central commuter into New York City, this whole Apple Store thing has been surreal.  The WSJ posts some renderings of what the store would look like and frankly, it is amazing.  The Store is so big and open that Apple will become part of Grand Central.

Think delicious free Apple Wifi for instance.

New details emerged today.  Should the Board approve Apple’s bid on Wednesday, Apple will begin construction immediately and it is estimated to only take 4 months to build out the new Store?!  So, theoretically it is open for the holidays.

Also, more information on the ouster:

Apple is paying Charlie Palmer’s Metrazur restaurant $5 million to vacate its space on the terminal’s east balcony more than eight years before its lease expires. The MTA will get significantly higher annual rent: $1.1 million from Apple vs. $263,997 from Metrazur.

In addition to the space currently occupied by Metrazur, Apple will move into an adjacent, currently vacant balcony on the northeast side of the terminal.

If that weren’t enough (and it is) the MTA announced that there was a Shake Shack going into Grand Central as well.

And if that weren’t enough, at today’s announcement the MTA piled it on the lowly Penn Station commuters like Dr. Macenstein: expand full story

Grand Central Terminal Stories May 22, 2011

In February, the New York Observer ran a story saying that Apple was eyeing a Grand Central Station New York Apple Store, which would be the borough’s 5th.

Reliable sources tell The Observer that the maker of ubiquitous iGadgets—from computers to cell phones—hopes to open a store in the transportation and retail hub, though it has yet to begin the long approval process necessary for opening in a city landmark.

Within days, other sites ran with that info, “confirmed” that a deal had been reached for “Apple’s largest retail space in the world”, saying an announcement was forthcoming and the store would open this Fall.

expand full story

Powered by WordPress VIP