May 6, 2024

MTA Talks About the Grand Central Terminal Apple Store [Video]

Posted December 10, 2011 at 7:49pm by iClarified · 7564 views
Jeffrey Rosen, Director of Real Estate at the MTA, talks about the new Apple Store at Grand Central Terminal in this new video posted to YouTube.

Apple Store is Grand Central Terminal's newest merchant. Take a look inside this spectacular store with Jeffrey Rosen, director of MTA Real Estate.

The MTA has recently had to defend itself against allegations that it gave Apple overly generous terms on its lease for the store that opened December 9th. MTA spokesman Aaron Donovan says, "Consistent with the Comptroller's recommendations, the MTA moved proactively to maximize revenue and quadrupled the rent we receive for this unique space."

[via 9to5Mac]