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Apple signs lease for third Manhattan store.


Apple has signed a lease to open its third Manhattan store, this time in the super-cool Meatpacking meatpacking or meat-processing, wholesale business of buying and slaughtering animals and then processing and distributing their carcasses to retailers. The livestock industry is among the largest in the world.  District.

The computer giant has leased 32,000 s/f at Taconic's 401 West 14th Street. The new store will take up three floors--the basement, first and second--on the northwest corner of 14th Street and 9th Avenue.

The space is slightly larger than the 30,000 s/f Apple leased on 34th Street last year and announced it would open its third city store there. However, since that deal was signed with landlord, SL Green, the computer firm has failed to move forward with the lease and some brokers have speculated it plans to sublet sub·let  
tr.v. sub·let, sub·let·ting, sub·lets
1. To rent (property one holds by lease) to another.

2. To subcontract (work).

n.
 the space at 21 West 34th Street after having second thoughts on the tourist friendly location.

It would not be the first space Apple has abandoned. The firm has already decided not to go ahead with its plans to build a store in the Flatiron District at 136 Fifth Avenue, where its had plans to build a two-story glass enclosed en·close   also in·close
tr.v. en·closed, en·clos·ing, en·clos·es
1. To surround on all sides; close in.

2. To fence in so as to prevent common use: enclosed the pasture.
 Apple store. Neighborhood opposition to the plans apparently proved to be the spoiler spoiler: see airplane.

1. spoiler - A remark which reveals important plot elements from books or movies, thus denying the reader (of the article) the proper suspense when reading the book or watching the movie.
2.
 for that deal.

Apple's two other retail locations in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 are its flagship store which was a $9 million dollar project, consisting of a 20,000 s/f, 32 ft hollow glass cube cube, in geometry, regular solid bounded by six equal squares. All adjacent faces of a cube are perpendicular to each other; any one face of a cube may be its base. The dimensions of a cube are the lengths of the three edges which meet at any vertex.  in the General Motors Building at 767 Fifth Avenue; and their Soho store at 103 Prince Street.

Paul Pariser, president of Taconic Partners, owners of 401 West 14th Street and retail brokers from Robert K Futterman & Associates, who represented the owner, declined to comment on the deal.
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Comment:Apple signs lease for third Manhattan store.
Author:Perez, Esther O.
Publication:Real Estate Weekly
Date:May 2, 2007
Words:267
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