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Grand Central Terminal

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Apple Juices Grand Central: Sales Spill Over Into Surrounding Shops

The new Apple store in Grand Central Terminal is a lovely, understated project in one of the city's premier public spaces.

All the same, some sour apples have been complaining that the Cult of Steve has been paying below market rents for its space, leading to an investigation by the state. The M.T.A. counters that Apple is still paying more than the previous tenant, and its arrival means bigger revenues across Grand Central, given Apple's appeal. This latter bet appears to be paying off. Read More

Landmarks

16 Court Street.

Pinsky Defends Downtown Brooklyn Landmarks Preservation Decision

Seth Pinsky, head of the city’s Economic Development Corporation, said that the recent motions to landmark buildings in downtown Brooklyn wouldn’t prohibit landlords there from attracting tenants in search of 21st-Century accommodations.

Mr. Pinsky gave his comments participating in a panel this morning in midtown hosted by the accounting and business consulting firm Margolin, Winer & Evens LLP and came as other panelists, including Mr. Pinsky himself, highlighted the need for new space in the city.
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SOC It to Me

Mayor of the Capital of Innovation. (Getty)

What Does the Mayor Have Planned for Grand Central, and Other Developments from the State of the City

The main focus of the Mayor Michael Bloomberg's State of the City speech today may have been on taking another crack at fixing the city's schools and streamlining its government, but this is still Mike Bloomberg, remaker of skylines and rebuilder of waterfronts, so there was bound to be a lot of development goodies studding the speech.

Aside from the Kingsbridge Armory announcement, which was previewed yesterday, the proposal that most jumped out was one for the heart of Midtown. "In the area around Grand Central, we’ll work with the City Council on a package of regulatory changes and incentives that will attract new investment, new companies and new jobs," the mayor said. Read More

Planes Trains & Automobiles

It's better than nothing... or warmed over Mexican. (Getty)

M.T.A. Throws Apple Pie at DiNapoli, Declares ‘Bring It On’

This time next Friday—actually, starting sometime around Monday probably—the fan boys will begin lining up in Grand Central Terminal to be the first into the new Apple Store when it opens Dec. 9.

Will they care whether Apple is paying $60 per square foot, or $80, or $180? Probably not. But State Comptroller Tom DiNapoli cares, and yesterday, his office announced they would do an audit of the M.T.A.'s real estate practices, following up on one from last year, to make sure the transit agency is not cutting anybody—Apple, Danny Meyer, their mother—a sweetheart deal.

To which the M.T.A.'s response is: "Bring it on." Read More

Strike!

bowlers

Bright Lights, Bowl City

Teen Masters, an annual high school bowling competition that began in 1997 as a small tournament in Ohio, came to New York today to decide the best bowlers in America--and to get someone to watch. Their strategy for being in front of as many New Yorkers as possible—New York is the media capital of the Read More

One Dead, Dozens Injured At Explosion Near Grand Central

At least one person is dead and dozens were injured when a steam explosion ruptured the intersection at 41st Street and Lexington Avenue, right next-door to Grand Central Station, at the height of the Manhattan evening rush hour.

Eyewitnesses described a plume of steam, rocks, mud and flames, followed by a massive shower of debris--concrete shrapnel Read More

Time for Flags to Leave the Station

Shortly after 9/11, two American flags were placed in the iconic main hall of Grand Central Terminal. The first, a flagpole standard, was soon joined by an enormous 40-foot-by-20-foot banner, vertically suspended over the center of the room. Although smaller flags have been hung at Grand Central before, according to MTA Metro-North spokeswoman Margie Anders, Read More

2007, You Will Be a Busy Year for Big Development

It's on: The Times reports this New Year's Day that several recently approved projects will rumble seriously toward reality in 2007. Approval or financing was given to a Second Avenue subway; an extension of the Flushing Line to the Far West Side; a spur to connect the Long Island Rail Road to Grand Central Read More

Shrooming In Grand Central, One Day Only!

Magical Grand Central Station has some wonderful real estate, but nothing beats Vanderbilt Hall. And nothing beats a 15-foot-tall "white button mushroom cafe" popping up in Vanderbilt Hall. See the press release below for phrases like "Mushrooms: small but MIGHTY," or "Confetti Mushroom Herb Egg Wraps" or "Local commuters stepping inside the mushroom." - Max Read More

Events for June 27, 2006

The Citizens Budget Commission hosts a forum on how to balance the MTA's budget at the Metrazur Restaurant in Grand Central Terminal. NYC School Bus Contractors Coalition and ATU Local 1181 will meet at the Ramada Plaza Hotel for labor negotiations. Patrick Healy and Paul Rieckhoff will speak at the DL21C Political Author Series Read More