The proximity issue is not compelling, as the building is tucked around a corner and two blocks away from the perimeter of the WTC site. The historical value of the Burlington Coat Factory was addressed by the Landmark commission, and found to be lacking. No one was killed on that site. Parsing the definition of Ground Zero is cynical. 'It's too close,' is not nearly good enough reason to demonize anyone.
New York is better for its tolerance. Mayor Bloomberg had it right all along.