Andre Yoskowitz
7 Aug 2014 21:33
According to a new report, Microsoft is working on bringing a retail store to Fifth Avenue in New York City, near the now iconic Apple "cube" on 59th and 5th.
The tech giant is negotiating a deal at 677 Fifth Ave. near 53rd St., right in the middle of a plethora of high-end luxury stores.
At 8700-square feet over two stories, the space was previously occupied by fashion brand Fendi, which has since moved on to Madison Ave. The deal will not be cheap for Microsoft, with prices topping $3000 per square foot for ground floor space on Fifth Ave.
Microsoft still has a small retail presence on the east coast, but has been expanding rapidly into metropolitan areas like Boston, New York and Philadelphia. Microsoft only has one other retail store in Manhattan.
Source:
NY Daily News