2.24.20 - Apple signs NYC lease for office space near Madison Square Garden
'The midtown Manhattan building sits on entire eastern blockfront along Seventh Avenue between West 31st and 32nd streets, cater-corner to Madison Square Garden and the Penn Station railway hub.'
'The deal is being done directly with building owner Vornado Realty Trust for a portion of the floors now being leased by Macy’s. The department store is moving its headquarters to Long Island City and its remaining space of over 300,000 square feet is up for sublease with pricing in the mid-$60s per foot.'
'As The Post reported last year, the computer company had been vying for space in Vornado’s reinvention of the nearby Farley Building on top of the post office. But it lost out to Facebook, which is now deep into lease negotiations.'