Apple is sitting out NYC’s tech office boom, at least for now


The newly renovated Apple Store at Fifth Avenue in New York City. Apple, based in Cupertino, California, has a limited presence in New York beyond its popular retail stores. — AFP

New York City is waiting on Apple Inc.

One year after the tech giant announced it would bring hundreds of jobs to New York, and on the heels of major Manhattan lease announcements by Facebook Inc and Amazon.com Inc, the city’s real estate industry is wondering when the iPhone developer will make its move.

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