Century-old Real Estate Feud Revealed as Macy's Uncovers Hidden Building in Herald Square
In a recent development, the removal of a giant red shopping bag from Macy's flagship store in New York City has uncovered a small, weathered building hidden in a corner.
By News Rush Point Desk

In a recent development, the removal of a giant red shopping bag from Macy's flagship store in New York City has uncovered a small, weathered building hidden in a corner. This unexpected discovery dates back to 1900 when Macy's attempted to buy an entire city block for expansion but was blocked by a single landowner, Alfred Duane Pell. Pell sold the plot to Robert H. Smith, who was believed to be acting on behalf of Henry Siegel, owner of a rival department store called "The Big Store." Siegel intended to trade the land for Macy's former 14th Street building, but Macy's refused the deal. Consequently, Macy's built its flagship store around the unpurchased corner plot, leaving a small gap in the city block. The building was later leased to the United Cigar Store Company and earned the nickname "Million Dollar Corner" due to its high price tag. Macy's eventually accepted the situation by advertising on the building's facade for decades. However, a recent dispute between the building's owner and the company holding the advertising rights led to the removal of the iconic red shopping bag after 30 years.
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