The 'Million Dollar Corner' real estate legend at Herald Square

A small triangular building at 1313 Broadway near Herald Square is locally known as the 'Million Dollar Corner' after a high-priced early 20th-century purchase that has been described in period newspapers and later accounts as intended to control advertising space facing Macy's flagship store. The building's unusual history of ownership and its role in local advertising battles has made it the subject of New York real-estate lore. Contemporary records confirm the building's existence and its association with the neighborhood's commercial competition.