Macy's shares up 2% on a specialty retailer can build an office tower atop New York's flagship store

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People walk in front of Macy's flagship store in Manhattan, New York.

Xinhua | Wang Lei | Getty Images

People walk in front of Macy's flagship store in Manhattan, New York.

Shares of retailer Macy's rose 2% on Wednesday, following a Bloomberg report that the retailer could build an office tower over its flagship store, New York.

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