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FBN's Shibani Joshi on the opening of Apple's latest store in Grand Central Station in New York, plus the state's investigation into the company's dea...
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Deutsche marks -- that's again mr.
body wire -- officials looking and apple again another apple strip but this is are really governor looking into the new Grand Central Terminal.
-- deal and this huge store opening for apple right Shibani happening tomorrow pretty sweet deal if you are near city commuted.
Pot by the Apple Store and crews and pick up some of your favorite things also little maybe two this week is big deal that apple -- with the MTA.
Take -- statistic here that real estate space in Grand Central now according to the New York Post.
New York State has opened -- investigation into whether or not apple got preferential pricing.
-- real estate space or whether or not and -- in fact -- got the best pricing for the deal.
The word on the street is -- that apple is paying about sixty dollars a square foot for that real estate space.
Keep in mind it will probably -- in about a hundred million dollars in terms of sales just from that -- store location.
That sixty bucks a square foot is a lot -- than what.
Other tenants like Michael Jackson Michael Jordan let me clarify yeah.
-- Today -- is paying for a similar and comparable Spain it's easy isn't slump of the thawing out Michael Jordan you think of those guys would be happy to those Shibani about about the revenue.
Those could be brought -- Grand Central because of the Apple Store in the lines of the upper west -- out the door you have around -- -- -- cut and their revenue and it challenges added eight you know what they're looking into is whether or not apples paying them.
The most price and that's premium price comparable to what other real estate debt tenants are -- will obviously it is that you know at least look at -- at least for Michael Jordan will get more people coming into this restaurant what's your I've never been to Michael Jordan's restaurant New York I don't know that.
-- oil giant Exxon betting big on gas Nat gas.
Robert.
