Apple is Reportedly Planning to Open a Retail Store in Brooklyn

Apple is Reportedly Planning to Open a Retail Store in Brooklyn

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Apple has signed a lease to open a store in Williamsburg, a neighborhood in Brooklyn, New York, reports the NYPost.

Ending years of speculation, the tech-products powerhouse has signed a long-term lease for a 20,000-square-foot store at 247 Bedford Ave. at the corner of North 3rd Street, brokerage community sources definitively revealed. It will be Apple’s long-awaited first Brooklyn location. No one involved would comment. The landlords, Red Sky Capital and Waterbridge, were represented by Lee NYC managing principal Peter Braus and his Brooklyn retail leasing team. Apple was repped by Chris DeCrosta of Crown Retail Services and Open Realty.

The building is a two-story brick structure just a few blocks from the Bedford Avenue L station. It's said to be getting a whole new look by April 2015 with dramatic arched windows.

It's unclear when Apple will move into the building or how much it will pay. Back in 2012, the rental rates were estimated at $185 to $200 per square foot.

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Apple is Reportedly Planning to Open a Retail Store in Brooklyn
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