Newburgh Mall
 | This article needs additional citations for verification. (July 2012) |
 Main entrance to the Newburgh Mall | |
 | |
| Location | Newburgh, New York, United States |
|---|---|
| Opening date | 1980 |
| Developer | Kravco |
| Owner | Namdar Realty Group |
| No. of stores and services | 46 |
| No. of anchor tenants | 3 (2 open, 1 vacant) |
| Total retail floor area | 386,075 sq ft (35,868 m2) |
| No. of floors | 1 |
| Website | newburghmall |
Newburgh Mall is a regional shopping center located on NY 300 in the Town of Newburgh, New York, near where Interstate 87 (the New York State Thruway) intersects with Interstate 84. It was opened in 1980 by Kravco property management (later Kravco Simon), which owns King of Prussia Mall outside Philadelphia. The mall has 46 stores and the anchor stores are Sears, Bed Bath & Beyond and Office Depot. There is 1 vacant anchor store that was once The Bon-Ton. Original anchors included the now defunct chains Caldor and Howland's (later Steinbach, then Old Navy, now TRACK23).[1]
Old Navy relocated out of the mall in 2011.[2] More than 25 percent vacant since 2009, the mall faced foreclosure in 2012.[3] After operating in foreclosure for several years, the mall was sold at a foreclosure sale for $10 to the holder of its mortgage, Wells Fargo.[4]
In 2017 the mall was sold for $7.7 million.[5]
On August 29, 2022 it was announced that Sears would be closing in fall of 2022 marking the end of era after 43 years as the last original anchor store in the mall as well as the last Sears department store in New York[6][7] The Closing date for this store was announced 2 days later on August 31, 2022 in a Facebook post with the final day of operation being Sunday, October 16, 2022.[8][9]
The mall announced in 2021 that a Resorts World casino will be opening at this mall in the future.
References
- ^ Directory of Shopping Centers in the United States - National Research Bureau, inc - Google Books. 1992. Retrieved 2012-07-04.
- ^ "Newburgh's loss is Harriman's gain". The Newburgh Advocate. 2011-09-16. Retrieved 2012-07-04.
- ^ Jessica DiNapoli. "Newburgh Mall facing foreclosure". recordonline.com. Retrieved 26 April 2016.
- ^ "Mortgage-holder wins foreclosure auction of Newburgh Mall", Recordonline.com, September 4, 2014
- ^ "Newburgh Mall sold for $7.7 Million", recordonline.com, March 31, 2017
- ^ "Breaking News: TransformCo Closing Sears at Newburgh Mall in Newburgh, New York in Fall 2022". YouTube.
- ^ "Sears List".
- ^ https://www.facebook.com/Sears-Newburgh-NY-2073655376082346 [user-generated source]
- ^ "Sears Closing at Newburgh Mall in Newburgh, New York Closing Sunday, October 16th, 2022". YouTube.
- Shopping malls established in 1980
- Namdar Realty Group
- Shopping malls in New York (state)
- Newburgh, New York
- Buildings and structures in Orange County, New York
- Tourist attractions in Orange County, New York
- Shopping malls in the New York metropolitan area
- 1980 establishments in New York (state)
- Buildings and structures in Newburgh, New York