Sunday, May 11, 2008

Apple Taking Another Bite Of NYC: Looking For Office Space

We hear Apple is looking for 10,000 to 15,000 square feet of Manhattan real estate -- for office space, not another retail outlet. And they're not looking to go cheap: The company is looking in the heart of midtown, near their flagship 5th Avenue store at the GM building.

Unlike other Apple NYC real estate stories we've seen in the past, we're pretty confident about this one: It's from a plugged-in real estate source, who tells us Apple (AAPL) is about to submit offers. What we can't tell you: What Apple plans to do with the space once it gets it.

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