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Apple to double size of NYC flagship store

 

Apple will expand its flagship store at the General Motors Building in New York City. The iconic glass cube sits at the corner of 59th Street and Fifth Avenue, in the front plaza of the iconic skyscraper. Landlord Boston Properties said the store will grow from 32,000 square-feet to more than 77,000 square-feet.

 

"While they are undertaking their expansion, they are using the former FAO Schwarz lease on a temporary basis," said Doug Linde, president and COO, on the firm's fourth quarter earnings call. "This interim store is open, and they expect to reoccupy the renovated space in late 2018 at which time we will deliver this interim store to UnderArmour for their full build-out."

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