Palisades Center Foreclosure Complicates Clarkstown’s Defense Of Tax Challenge
Town Hoped Subpoenaed Documents From Mall Lenders Would Show Mall’s Value Was Sound; Foreclosure Throws Wrench In Legal Strategy
Continue ReadingTown Hoped Subpoenaed Documents From Mall Lenders Would Show Mall’s Value Was Sound; Foreclosure Throws Wrench In Legal Strategy
Continue ReadingRCBJ Talks Malls, Retail Trends, & Data With Tama Shor, Founder and CEO of shoppingcenters.com
Continue ReadingGap Inc. plans to close 350 of its eponymous and Banana Republic-branded stores nationwide, mostly in malls, as part of a company-wide restructuring of its brick-and-mortar footprint.
Continue ReadingMall owners nationally are embracing the idea of leasing vacant anchor stores to e-commerce entities like Amazon for fulfillment center or ghost kitchens.
Continue ReadingMore than half of all mall-based department stores could close by the end of 2021, according to Green Street Advisors.
Continue ReadingGov. Andrew Cuomo directed New York indoor malls to shut down at 8 p.m. Thursday.
Continue ReadingThe timing could not be worse. With malls already suffering from declining traffic, analysts expect that fear caused by the spread of the coronavirus is likely to further dampen traffic
Continue ReadingIn 2019, more than 9,100 stores closed across the country, the highest number of any single year. Mall closures alone have reached 4,087 this year, a 140% increase year over year from the 1,696 closures in 2018,
Continue ReadingAfter nearly two decades of stalled starts and multiple developers, the American Dream mall is scheduled to open its doors Oct. 25
Continue ReadingThe statistics are alarming and the writing is on the wall for some retailers with Rockland locations that have been cornered by debt, obsolescence, and declining mall traffic.
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