{"id":1004105227,"date":"2014-10-07T04:36:39","date_gmt":"2014-10-07T12:36:39","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=296434"},"modified":"2020-05-21T21:34:11","modified_gmt":"2020-05-22T05:34:11","slug":"microsofts-first-flagship-store-will-open-at-677-fifth-avenue-in-new-york-city","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/microsofts-first-flagship-store-will-open-at-677-fifth-avenue-in-new-york-city\/","title":{"rendered":"Microsoft\u2019s First Flagship Store Will Open at 677 Fifth Avenue in New York City"},"content":{"rendered":"<p style=\"text-align: justify;\"><em>By Veronica Grecu, Associate Editor<\/em><\/p>\n<p style=\"text-align: justify;\">It\u2019s been a busy end of September for Microsoft. Three years after launching the rather unsuccessful Windows 8, the software giant simply skipped a potential Windows 9 and offered a sneak peek into its newest operating system.<\/p>\n<div id=\"attachment_296438\" class=\"wp-caption alignright\" style=\"width: 310px\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/10\/Microsoft-Store-in-Scottsdale-AZ.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-296438\" title=\"Microsoft Store in Scottsdale, AZ\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/10\/Microsoft-Store-in-Scottsdale-AZ.jpg\" alt=\"Microsoft Store in Scottsdale, AZ\" width=\"300\" height=\"300\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">Microsoft Store in Scottsdale, AZ<\/p>\n<\/div>\n<p style=\"text-align: justify;\">Dubbed Windows 10 and announced in Seattle at a business event, the operating system and its family of products will be officially released next year as \u201cthe first step of a whole new generation of Windows,\u201d according to Terry Myerson, executive vice president, Operating Systems. As Microsoft fans worldwide are gearing up in anticipation, the tech company has unveiled another surprise.<\/p>\n<p style=\"text-align: justify;\">As announced on the official Microsoft blog, a new retail store will open in New York City, on one of the world\u2019s most expensive shopping streets. This will be Microsoft\u2019s \u201cfirst flagship store\u201d\u2014which implies that other flagship stores could be launched in other locations in the future\u2014and will serve as a centerpiece for the company\u2019s retail experience.<\/p>\n<p style=\"text-align: justify;\">Located at 677 Fifth Avenue near 53<sup>rd<\/sup> Street and just five blocks away from Apple\u2019s iconic glass cube, the new Microsoft store took five years to become reality: \u201cThis is a goal we\u2019ve had since day one \u2013 we were only waiting for the right location. And now we have it,\u201d said Microsoft Corporate Vice President for Worldwide Retail Stores David Porter. Apart from selling Microsoft hardware, software and accessories and offering technical support to its customers, the new flagship store will also serve as an \u201cexperiential space\u201d aiming to engage even more with customers and business partners alike.<\/p>\n<p style=\"text-align: justify;\">Microsoft opened its first retail store in Scottsdale, Arizona, in October 2009 and now has over 100 physical stores across the country. In February 2013 <a title=\"Microsoft Set to Open First Store in Michigan\" href=\"https:\/\/www.commercialsearch.com\/news\/cities\/detroit\/microsoft-set-to-open-first-store-in-michigan\/1004066896.html\" >the tech company announced it would open five new stores<\/a> in Massachusetts, Hawaii, Oregon, Illinois and Michigan, all of them having one thing in common: they were within walking distance of Apple\u2019s existing stores in those locations.<\/p>\n<p style=\"text-align: justify;\">According to <em><a title=\"Real Estate Weekly\" href=\"https:\/\/www.rew-online.com\/2014\/09\/30\/microsoft-makes-its-new-york-retail-debut-with-677-fifth-avenue-flagship\/\" rel=\"nofollow\" >Real Estate Weekly<\/a><\/em>, a Fendi shop used to occupy Microsoft\u2019s future retail facility on the upper segment of Fifth Avenue, which boasts some of the highest rents in the city with an average asking price going as high as $2,750 per square foot. The luxury fashion retailer relocated last year to Madison Avenue, the source said. Microsoft leased 8,700 square feet of space in a transaction brokered by CBRE\u2019s Richard Hoos. The landlord, 677 Fifth Avenue Corp., was represented by Andrew Kahn, Jesse Hutcher and Jonathan Scibilia of Cushman &amp; Wakefield.<\/p>\n<p style=\"text-align: justify;\">While the exact opening date for the Fifth Avenue flagship store is still unknown, Microsoft announced that it plans to open ten more locations in time for this holiday season.<\/p>\n<p style=\"text-align: justify;\"><a title=\"NYC Vacancy Rates Still Tight as High-Tech and Hospitality Companies Fuel Job Growth\" href=\"https:\/\/www.multihousingnews.com\/market-data\/market-snapshot-nyc-vacancy-rates-still-tight-as-high-tech-and-hospitality-companies-fuel-job-growth\/1004101118.html\" rel=\"nofollow\"><strong>Click here<\/strong><\/a> for more market data on<strong> New York City<\/strong>.<\/p>\n<p style=\"text-align: justify;\"><em>Image via<a title=\"Pinterest\" href=\"https:\/\/www.pinterest.com\/pin\/213991419766616792\/\" rel=\"nofollow\" > Pinterest<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It&rsquo;s been a busy end of September for Microsoft. The software giant unveiled its newest operating system and announced plans to open its first flagship retail store on New York City&#8217;s glitzy Fifth Avenue.<\/p>\n","protected":false},"author":258,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1600,21742],"tags":[],"class_list":["post-1004105227","post","type-post","status-publish","format-standard","hentry","category-new-york","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Microsoft\u2019s First Flagship Store Will Open at 677 Fifth Avenue in New York City - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/microsofts-first-flagship-store-will-open-at-677-fifth-avenue-in-new-york-city\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Microsoft\u2019s First Flagship Store Will Open at 677 Fifth Avenue in New York City\" \/>\n<meta property=\"og:description\" content=\"It&rsquo;s been a busy end of September for Microsoft. The software giant unveiled its newest operating system and announced plans to open its first flagship retail store on New York City&#039;s glitzy Fifth Avenue.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/microsofts-first-flagship-store-will-open-at-677-fifth-avenue-in-new-york-city\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-10-07T12:36:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-22T05:34:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/10\/Microsoft-Store-in-Scottsdale-AZ.jpg\" \/>\n<meta name=\"author\" content=\"Veronica Grecu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@VeraGrecu\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/microsofts-first-flagship-store-will-open-at-677-fifth-avenue-in-new-york-city\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/microsofts-first-flagship-store-will-open-at-677-fifth-avenue-in-new-york-city\\\/\"},\"author\":{\"name\":\"Veronica Grecu\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/e8362e8641769829162f16fe58091f62\"},\"headline\":\"Microsoft\u2019s First Flagship Store Will Open at 677 Fifth Avenue in New York City\",\"datePublished\":\"2014-10-07T12:36:39+00:00\",\"dateModified\":\"2020-05-22T05:34:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/microsofts-first-flagship-store-will-open-at-677-fifth-avenue-in-new-york-city\\\/\"},\"wordCount\":476,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/microsofts-first-flagship-store-will-open-at-677-fifth-avenue-in-new-york-city\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/10\\\/Microsoft-Store-in-Scottsdale-AZ.jpg\",\"articleSection\":[\"New York\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/microsofts-first-flagship-store-will-open-at-677-fifth-avenue-in-new-york-city\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/microsofts-first-flagship-store-will-open-at-677-fifth-avenue-in-new-york-city\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/microsofts-first-flagship-store-will-open-at-677-fifth-avenue-in-new-york-city\\\/\",\"name\":\"Microsoft\u2019s First Flagship Store Will Open at 677 Fifth Avenue in New York City - 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