Sunday, May 22, 2011

Grand Central Apple Store Seed Planted

By ANDREW GROSSMAN

The Metropolitan Transportation Authority is looking for new tenants for a marquee space in Grand Central Terminal, and computer giant Apple Inc. has expressed interest in putting a store there.

The agency is looking for a single renter for two adjacent balconies on the north and east sides of the terminal. It will issue a request for proposals Monday. The current tenant of one of the balconies, celebrity chef Charlie Palmer's Métrazur restaurant, plans to close July 1 even though his lease ran until 2019 and the eatery was doing "quite well," Mr. Palmer said Sunday.

Read more: http://online.wsj.com/article/SB10001424052702304066504576339624222852818.html?mod=googlenews_wsj

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