In March 2010, the CMBS loan backing the property was transferred to a special servicer after Kushner reported difficulties paying the mortgage. In April 2010, Japanese retailer Uniqlo signed a record-setting 15-year, $300 million lease for of space at the base of the building to serve as their new Fifth Avenue flagship. Other retailers who considered the space reportedly included Topshop, Nordstrom Rack, and AllSaints. The three-story store, Uniqlo's second in the United States and the largest non-department store retail space on Fifth Avenue, opened in October 2011 with a celebration led by the company's founder Tadashi Yanai along with actress Susan Sarandon and singer Sharon Jones.