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Hint: A Department Store Replaced By Towering Apartments

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Welcome to Cornerspotter, Curbed's game in which you try to identify the location and/or identity of a particular building or streetscape in a historic photograph. Impress us and your fellow Curbed readers with your uncanny insight into New York City and its past!

Constructed in the 1860s, this building stood for nearly 100 years, functioning as a department store for the entire time. In the middle of the 20th century, a fire broke out inside, which gutted the interior and ultimately led to the building's demolition. It was replaced by an apartment building that's more than three times as tall and not half as beautiful. On the left side of the photo, you can see a skybridge, and although this bridge no longer exists, the building that it connected the department store to still stands (not pictured). Do you know where this building was and what it used to be?
· Cornerspotter archives [Curbed]