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Apple’s Grand Central Store to open Friday

Apple confirmed on its website Monday that its brand new 23,000-square-foot  retail store in New York City’s Grand Central Terminal will open on Friday, December 9th at 10:00 a.m. The Apple Store will be located on the East Balcony of the train station’s main terminal. Unlike Apple’s 5th Avenue location, the Grand Central store will not be open 24 hours a day. It will close at 9:00 p.m. on Monday through Friday, 7:00 p.m. on Saturdays and 6:00 p.m. on Sundays. Despite initial reports that Apple’s deal with New York’s Metropolitan Transit Authority (MTA) had soured, Apple officially won approval to occupy the Grand Central Terminal space in July. Apple reportedly agreed to a 10-year contract with the MTA, during which it will pay $800,000 per year to occupy the space. Original rumors suggested that Apple’s Grand Central store would be the world’s largest, those claims have not been confirmed.