Foiled in an earlier attempt to buy a banking company, a suburban New York real estate investment trust is trying again.

BRT Realty Trust in Great Neck said last week that it has signed a letter of intent to acquire a controlling interest in Reliance Bank in White Plains, N.Y. The deal calls for BRT to invest $20.8 million in exchange for 86% of the stock of Reliance, which has $25 million of assets and two branches.

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