Apple has inked a deal for 200,000 sq. ft of workplace area close to Madison Square Garden in New York, based on The New York Post. Apple will probably be shifting in to the 11th via 14th flooring of 11 Penn Plaza, primarily based on the phrases of the deal.
The constructing, positioned in midtown Manhattan, is alongside Seventh Avenue between West West 31st and 32nd streets, and near Madison Square Garden and the Penn Station railway hub. The area was previously occupied by Macy’s, with the Macy’s headquarters relocating to Long Island City.
Apple has solely signed a 5 yr take care of the choice to increase the lease, which The New York Post takes as an indication Apple is maybe nonetheless searching for a extra everlasting location.
Apple already has 52,000 sq. ft of workplace area at 100 to 104 Fifth Avenue housing advertising and marketing staff and industrial software program functions builders, and the constructing is alleged to be “bursting at the seams.”