2 Genius Bars, 45 display tables, 3 walls of accessories, free Wi-Fi and no "public" toilets
Apple is reported to have paid $5 million to Metrazur Restaurant to buy out the eight years remaining on its Grand Central Terminal lease.
We suspect both sides of the deal got a bargain.
Metrazur, judging from the reviews in Yelp before it closed, was famous for strange sauces and slow service.
Apple (AAPL), judging from a tour of MOREPhilip Elmer-DeWitt - Dec 7, 2011 11:22 AM ET
A retail outlet well-placed to become one of the world's busiest and most profitable
More than four months after construction began last summer, Apple (AAPL) is finally set to unveil a new store -- its fifth in New York City -- on the upper balcony of Grand Central Terminal at Lexington Avenue and 42nd Street.
The company announced Thursday that the space will open to the public at 10 a.m. Friday December 9. MOREPhilip Elmer-DeWitt - Dec 1, 2011 11:48 AM ET
The sign says "arriving soon," but don't hold your breath
Apple (AAPL) hasn't set a date for the grand opening of its fifth Manhattan store, but according to a construction worker who spoke to Mashable's Samantha Murphy, it won't be before December.
For more on the store, see Apple's Grand Central store would be its cheapest in NYC.Philip Elmer-DeWitt - Nov 23, 2011 10:29 AM ET
Thousands left empty-handed as scalpers rush to feed a hungry gray market
Even with the support of Chinese riot police, police dogs, private security guards and an elaborate grid of metal barricades, Apple (AAPL) could barely contain the chaos when the gates of the Hong Kong Apple Store opened Friday morning and customers began to run up the store's spiral glass staircase.
An Apple-sanctioned queue of roughly 1,250 were allowed to file MOREPhilip Elmer-DeWitt - Nov 11, 2011 6:59 AM ET
Police were called in Wednesday to restore order after fighting broke out
"I can't begin to accurately describe the scene on the walkways outside the Hong Kong Apple Store."
So begins the dispatch by Penguin Six's Andrew Leyden writing 24 hours before the first scheduled launch of Apple's (AAPL) iPhone 4S in China.
According to Leyden, police broke up a disorganized mob of 400 line sitters Wednesday night amid rising tensions and scattered fighting. On MOREPhilip Elmer-DeWitt - Nov 10, 2011 3:59 PM ET
Bodes well for Friday's launch in 15 countries -- and maybe mainland China by December
Ticonderoga's Brian White, who has been keeping as close tabs on Apple's (AAPL) prospects in China as any Western analyst, reported Monday that pre-orders for the iPhone 4S ended almost as soon as they began in China last Friday.
According to his checks, pre-orders were sold out in Hong Kong 10 minutes after Apple started taking them. MOREPhilip Elmer-DeWitt - Nov 7, 2011 10:24 AM ET
To inaugurate the re-opening, Apple seized control of the surrounding plaza
Anybody who has walked by, camped out at, or placed flowers in remembrance of Steve Jobs at the base of the Fifth Avenue Apple store since June knows that its distinctive glass cube has been covered with painted plywood for more than four months.
It was all part of a $6.6 million renovation that involved replacing the original 90 panes of MOREPhilip Elmer-DeWitt - Nov 4, 2011 9:54 AM ET
Who needs a staffer when you can scan, pay and walk out of the store unattended?
[UPDATE: The new version of the Apple Store app finally arrived Tuesday, Nov. 8, a few days later than expected. You can get it here.]
Apple (AAPL) has two problems its competitors would kill for: 1) It can't build new product fast enough to meet demand and 2) its stores are over-crowded with customers clamoring for MOREPhilip Elmer-DeWitt - Nov 2, 2011 10:44 AM ET
Apple released its new phone in 22 countries Friday. In one it's already "unavailable"
Singapore would seem the perfect place for an Apple Store.
The former British colony of 5 million people on the tip of the Malay Peninsula is the world's fifth busiest shipping port, the fourth largest financial center, the second biggest casino gambling market and first in the percentage of millionaire households.
Plus, it can't get enough of those iPhones. The newest MOREPhilip Elmer-DeWitt - Oct 29, 2011 6:55 AM ET
The crowd of 350-400 was smaller than the ones that showed up for the iPad and iPad 2
We counted 352 heads before shooting this video. By the time Apple (AAPL) staffers opened the doors at 8:00 a.m., it had probably grown to 400.
We counted 330 at this store for the launch of the iPhone 3GS, 500-600 for the launch of the original iPad and nearly 1,200 for the iPad 2.
Judging from the MOREPhilip Elmer-DeWitt - Oct 14, 2011 10:01 AM ET
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