In addition to signing the deal for the State Street store, Macy’s is working with Brookfield to redevelop as many as 50 other properties. On Tuesday, Macy’s said it has agreed to terms on nine of those properties, which Brookfield will redevelop once approvals are completed. All nine stores would remain open, and two furniture stores would be consolidated into the main Macy’s stores in those malls, Hoguet said.