Tuesday, February 10, 2015

Wallet Card: Mattingly at Macy's

You may be familiar with the famous Macy's building on 34th Street, which until a few years ago was the largest store in the world (and is still the largest in the US). Interestingly, the huge red shopping bag that says "Macy's" is on the one part of the block that Macy's does not actually own. Back when R.H. Macy decided to move his store to 34th street, he quietly started buying up all of the property on the block so that he could build his superstore. However, one of his rivals found out and bought the property on the corner, with the idea that he would sell it to Macy and get a general manager position at the new store. However, Macy decided to just build around the property instead of giving in to the guy who bought the corner property. In later years, Macy's would rent the top floors of the building for advertising purposes, but they have never bought that last parcel on 34th street, currently home to Sunglass Hut.

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