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A tiny holdout building in the middle of Macy’s is back in view

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Why This Matters

The removal of the historic holdout building at Herald Square marks a significant moment in New York City's retail history, symbolizing the end of a century-long battle over prime retail space. This development reflects ongoing urban renewal and the evolving landscape of iconic city landmarks, impacting both historical preservation and commercial development in the tech-driven retail industry.

Key Takeaways

The enormous faux shopping bag that served as an advertisement for Macy’s is mostly gone, save for a patch of red facing Sixth Avenue.

Scaffolding covers the ground floor retail space, and dark netting swaths the brick and limestone upper floors.

What’s going on these days at the northwest corner of 34th Street and Sixth Avenue?

For the first time since the early 1900s, the five-story building that prevented Macy’s flagship store from owning the tip of the northwest corner of Herald Square is having its billboards dismantled.

Finally, the little holdout—a lovely if grimy structure, with large studio windows and terra cotta detailing—is once again a visible part of the cityscape.

This building might be the most famous holdout in Manhattan, and it serves as an illustrious reminder of Gotham’s bitter retail wars at the turn of the 20th century.

Macy’s new store and the corner plot, early 1900s

The story begins around 1901. At the time, Macy’s made plans to move its New York City stores from the crowded Ladies Mile shopping district along 14th Street between Fifth and Sixth Avenues to the more spacious and transportation-friendly Herald Square.

They planned to build the new store at 34th Street and Sixth Avenue. Macy’s bought out many smaller businesses that already existed on the site—including a restaurant, a barber shop, and the bawdy Koster & Bial Concert Saloon, where the first projected motion pictures made their debut.

The holdout building in 1906

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