“Apple is reported to have paid $5 million to Metrazur Restaurant to buy out the eight years remaining on its Grand Central Terminal lease,” Philip Elmer-DeWitt reports for Fortune.
“Apple, judging from a tour of the new retail store it has built on the terminal’s east and north balconies — in more than twice the space formerly occupied by Metrazur — is going to move a lot of product when the store opens Friday at 10 a.m.. (Free T-shirts for the first 4,000 customers),” P.E.D. reports. “The store has: 2 Genius Bars with 12 seats each, 45 display tables covered with Macs, iPads, iPhones and iPods, 3 walls of accessories, [and] 315 full and part-time employees (bringing NYC’s total to more than 4,000).”
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