Daniel Squadron proposed a bill to prevent the NYPD from forcing NYCHA to pay for public housing patrols.
The retailer will leave its iconic West 18th Street space after next month's Warehouse Sale.
Madison Avenue saw a slew of luxury stores open or expand in the second half of 2011, the BID said.
Former Gucci chief executive Mark Lee will take the reins at the high-end clothing store, according to the paper.
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