Meta signs 10-year lease for New York flagship store

Meta has signed a 10-year lease for its first permanent flagship store on Fifth Avenue in New York City. The 15,000-square-foot, five-level townhouse sits among luxury brands like Gucci and Prada. The move supports the company's push into experiential retail for its AI glasses.

Meta began occupying the Fifth Avenue space in November 2025 with a short-term pop-up but has now committed to a decade-long lease, making it the company's second permanent flagship after Meta Lab LA opened in October 2025. Matt Jacobson, Meta’s VP and creative director of wearables, said the stores aim to build aspirational value around the brand. “We’re going to settle in and are looking to open eight to 10 more stores this year. First, in the US, but we’re now starting to consider international expansion, as well,” Jacobson told Vogue. He emphasized that the spaces celebrate community, creativity, and self-expression beyond just selling glasses. Meta plans to theme the New York store around New York skate culture from 1960 to today, offering free coffee and cookies from a Brooklyn skate shop, a 3D-printing station for custom designs on glasses cases, full-length mirrors for outfit try-ons, and demonstrations of the AI glasses' features. Jacobson noted, “Placing our flagship store alongside the brands that help define culture will distinguish Meta Lab from traditional consumer electronics retail.” The company views this as positioning its smart glasses, made with EssilorLuxottica as Ray-Ban Meta and Oakley Meta, as aspirational yet accessible. The lease reflects broader efforts by Meta to create physical experiences amid commoditized tech hardware. Jacobson described Meta as a lifestyle brand, selecting the location on Millionaires’ Row to align with cultural influencers.

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Illustration of a person using Meta's Ray-Ban smart glasses displaying AR apps and games, for a news article on developer access.
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Meta opens ray-ban display glasses to third-party app developers

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Meta announced Thursday that it is opening its Ray-Ban Display glasses to third-party developers for apps and games. The move expands options for the $800 device introduced last fall.

Meta has introduced new frame styles for its Ray-Ban Meta smart glasses that support prescription lenses, starting at $499 for preorder in the US with availability from April 14. The update includes AI features for nutrition logging and message summarization, alongside expanded international availability. Additional enhancements cover Oakley models and Ray-Ban Display glasses.

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Meta CEO Mark Zuckerberg announced during the company's first-quarter earnings call that it is developing personal AI agents for its smart glasses and business use. The agents aim to help users achieve personal goals and assist entrepreneurs. This builds on the newly released Muse Spark model from Meta's AI lab.

More than 70 civil liberties and advocacy organizations, including the ACLU, EPIC, and Fight for the Future, have called on Meta to scrap facial recognition plans for its Ray-Ban and Oakley smart glasses. The groups warn the 'Name Tag' feature could empower stalkers, abusers, and law enforcement to silently identify people, endangering abuse victims, immigrants, and LGBTQ+ individuals.

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Meta unveiled Muse Spark on Wednesday, the inaugural AI model from its Superintelligence Labs and the first in the Muse family. The company described it as a ground-up overhaul of its AI efforts, aiming for personal superintelligence. While proprietary for now, future open-source models are planned.

Luca de Meo, CEO of Kering, confirmed that Gucci-branded smart glasses powered by Google are set to launch next year. The eyewear maker, which produces Gucci glasses, builds on a partnership with Android XR announced a year ago. This move signals growing interest from fashion brands in smart eyewear.

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Meta is deploying software on US employees' work computers to monitor keystrokes, clicks, mouse movements, and screenshots in work apps for AI training data. Internal memos reveal no opt-out option, sparking employee discomfort, as the company invests billions in AI while cutting thousands of jobs.

 

 

 

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