- Apr 12, 2001
NYPost reports that despite Apple having leased a spot diagonally across from the Empire State Building on 34th street in New York City, they have decided against building an Apple Store at that location.
According to the Post, Steve Jobs determined "this is not for Apple" after seeing the location and run-down building across the street.Small buildings on the site were demolished. Merchants on West 34th Street - where stores like Banana Republic and Victoria's Secret have been replacing schlocky discounters - looked forward to another spectacular Apple emporium like the one on Fifth Avenue.
Apple reportedly pays $5,906,692 in annualized rent and is putting the site up for sublease.
Article Link: Apple Decides Against 34th Street Apple Store in NYC