As rumored earlier this year, Apple has finalized a deal to open a store in Grand Central Terminal, New York City. At 23,000 square feet, it will be Apple’s largest retail space to date, but rent will also cost Cupertino a hefty $800,000 per year. It’s unknown when the location will open to the public, but Apple still need to cross to final hurdles before they can begin renovation.
The transit agency will ask its financial committee to approve the deal Monday. If it passes as expected, the deal will go to the agency’s board of directors Wednesday for a final OK.