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The financial and real estate industries have been lobbying fiercely against it.

The new concept will first open this year on the Upper East Side in Manhattan.

Model trained on thousands of vendor agreements can eliminate scope gaps in bids.

Slate Property Group and Grobman Gross Properties secured the fixed-rate loan.

Their confidence in the deal increased after the retailer's quarterly results.

It also replaced its CEO, who may well uncover further issues at the bank.

One building is close to the stretch of Fifth Avenue where Kering SA and Prada SpA recently purchased properties.

Citigroup, J.P. Morgan, and Argentic provided the refinancing while Walker & Dunlop arranged the deal.