kohan retail investment group lawsuit

2022-12-14, Seminole County Courts | Personal Injury | Rotterdam Square Mall near Schenectady had its power shut off over an unpaid $300,000 electric bill. In addition, the owners have been assessed a penalty fee with interest that stands at $23,508.79 as of Wednesday. -Friendly environment By continuing to use this website, you agree to UniCourts General Disclaimer, Terms of Service, No tax payments, no lights, no stores and no plan to make Hes trying, he says, to fill malls with locally owned stores. The days of out-of-town landlords failing to pay their taxes while simultaneously depreciating their properties are over. Chapel Hill closed for good in April 2021 and has been demolished to make way for a business park. He is always talking about plans for the mall, and how he wants to make things right.. [18] Chapel Hill Mall was purchased in July 2016 by Kohan for $8.6 million. Equal Employment Opportunity Act (EEOA) - 42 USC 2000e Indeed, some Kohan-owned malls have operated without incident. In 2016, Kohan bought the Chapel Hill Mall in Akron. All rights reserved. The new owner of Sikes Senter has faced multiple legal challenges involving its properties in recent years. We are looking at nontraditional uses of that property, he said. The mall was slated for demolition in 2012. We have grave reservations, Hamburg town supervisor James Shaw told the court. [89][90] Tulsa Promenade was placed into receivership in July 2019 due to missed mortgage payments and maintenance issues. Though he couldn't comment on KRIG specifically, University at Buffalo School of Management marketing professor Charles Lindsey said the purchase of a failing mall could pay off in the end. "Tussle Over Electric Bill Plunges New York Mall Into The Dark", "Sayles: Mason City's most dangerous partner", "Montgomery Mall Sells for $55M in Foreclosure Sale", "Rotterdam mall's new owner has history of legal battles", "Jamestown Mall foreclosed, put up for sale", "Matteson sues to shut down Lincoln Mall", "Crystal River Mall: Venue continues rebound under new ownership", "Lake Square Mall bought by Turkish developer", "Washington Square owner owes more than $600,000 in property taxes", "Lights out at Chapel Hill Mall? Website. Hes very nice to work with on the phone. The mall has been closed since March 21 due to a power outage the third such instance over the past two years. A check written for an earlier payment had bounced. Even when they reopened, customers stayed away, fearing contact with the coronavirus. They run malls into the ground. No company culture or communication. [66] Lincoln Mall was demolished starting in May 2017. Benderson owns the McKinley Plaza across from the mall, and parcels on the mall property including its two former Macy's stores. [9][10] Lincoln Mall was purchased during foreclosure for $150,000 in June 2012, with millions owed in fines and taxes from its previous owners. Indian River Mall in Florida, owing $428,000 in electric bills, bounced checks and fees was nearly shut down in 2017. Story City Outlet Mall (VF Factory Outlet Mall), This page was last edited on 1 March 2023, at 09:25. An unpaid gas bill left the mall without heat, prompting tenants to use space heaters in violation of fire codes. "Now, in fairness, they buy distressed properties and those properties are challenging," Fink said. ", "Outlet mall owner has history of failed properties, unpaid bills", "Judge orders struggling Lincoln Mall to close", "Matteson to take over and try to sell struggling Lincoln Mall", "Demolition of Matteson's Lincoln Mall gets underway", "Old Kmart building runs afoul with city", "City takes Northland Mall owner to court", "New York shopping mall's power is cut after owner fails to pay bill", "New photos: Rotterdam mall adds entertainment spaces", "New court action ramps up pressure on Berkshire Mall owner", "No tax payments, no lights, no stores and no plan to make it better: Berkshire Mall owner Mike Kohan has frustrated towns all over the country", "Indian River Mall pays $428K electric bill", "Great Northern Mall in Clay seeks huge tax cut", "Cerro Gordo County Treasurer sues Southbridge Mall owner for unpaid taxes", "Mason City mall owner pays $150K in taxes meeting county deadline", "Lycoming Mall Owes Thousands in Unpaid Water, Sewer Bills", "Utility won't pull plug on Chapel Hill Mall electricity", "Chapel Hill Mall owner pays electric bill, avoids power shutoff", "Tulsa Promenade stores to stay open as owner, lender 'work out their differences' over unpaid $6M, court-appointed receiver says", "Judge returns possession, operation of Promenade Mall to property's owner", "Summit County files foreclosure complaint against Chapel Hill Mall", "Mall's new owner owes millions in delinquent taxes", "Adrian Mall to remain open despite leaking roof", "Struggling Esplanade mall in Kenner could owe more than $1M in back taxes, officials say", "Talks underway to sell troubled Esplanade Mall in Kenner, but there's one catch", "Great Northern Mall reopens after monthlong shutdown caused by flooding", "Lycoming Mall in hot water due to unpaid bills", "Lycoming Mall management just avoids sale with nearly $300K payment", https://www.wagmtv.com/2023/02/26/aroostook-centre-mall-closing-until-further-notice/, "Proposed demolition plan for Eastland Center could make room for an industrial complex", "Vanity Fair Outlet in the Graceville Factory Stores of America is closing permanently Thursday", "McNeil Technologies setting up in Graceville", "Belle Oaks developer acquires Richmond Town Square mall", "Remaining Savannah Mall businesses have yet to hear from new ownership following $8M sale", "Big changes planned at Story City outlet mall", "Southbridge Mall to be rebranded as 'Main Street Xperience', "The SouthShore Mall is now "Shoppes at Riverside," Inviting Public to Grand Re-Opening Newstalk KBKW", "Washington Square Mall to get makeover, improvements", https://en.wikipedia.org/w/index.php?title=Kohan_Retail_Investment_Group&oldid=1142248501, Companies based in Nassau County, New York, Real estate companies established in 2008, Creative Commons Attribution-ShareAlike License 3.0. [81][82] In August 2018, Kohan sued Clay, New York for a reduction in the Great Northern Mall's taxes, while owing $1.53 million to county government. [17] Washington Square Mall was purchased in April 2016 for $2.5 million. Kohan did not return requests for comment. Advancement is based on merits and management encourages outside the box, forward-thinking, and appreciates a good work ethic. "But their host communities have had problems with them, utility companies have had problems, tenants have had problems.". It also has a history of being criticized for the way it runs them. While hotels may seem to be a far cry from 5:20-CV-04906 | 2020-10-05. [87] Kohan owed around $550,000 on The Orchards Mall in various taxes before its sale in late 2018. Slight chance of a rain shower. for $17 million. Website. Partly cloudy. No company is perfect. Malls were forced by the state to shut down for several months and invest in expensive air filtration upgrades. To date, we havent received money, Migden said on Thursday. The Cheektowaga mall's owner, Pyramid Management Group, isn't throwing in the towel. The mall was bulldozed in 2017. [15] Staunton Mall was sold for $4.5 million in March 2014. None. [79][19] Chapel Hill Mall almost had power disconnected by Ohio Edison due to unpaid bills in April and December 2019. [26] The Esplanade in June 2018 was purchased by Kohan for $9.25 million. Friendly workplace, hardworking staff, great support from management. The Lawton incident was one of numerous legal entanglements Kohan has experienced. Read employee reviews and [61] The Mall at Robinson was purchased for $46 million from QIC in November 2022. More:Sikes Senter sold to New York-based investment group Kohan Retail. At the Washington Square Mall in Indianapolis, Indiana, Kohan paid $1.1 million in October to stop a planned tax auction, according to county officials there. It is looking into restructuring its $715 million debt on its Syracuse mall, Destiny USA. I have had a great time in the company and am very grateful to the company. [80], Mayberry Mall was almost closed on February 1, 2018 by local government officials due to roof and mold issues. [19] Southbridge Mall during its tax sale was purchased by Kohan for $1.5 million in September 2016. More:Goodbye, Chapel Hill Mall. It also alleges that Newmark, the real estate company contracted by McKinley's receiver, didn't sufficiently market the property to find additional bidders. The Berkshire Mall also owes $363,700 to Lanesborough itself, including the new taxes, back taxes and penalties, which are due May 1, according to the town. "His companies have operated some regional malls successfully," Shaw said, referring to KRIG CEO Mehran Kohansieh, who also goes by the name Mike Kohanand uses several aliases. He makes a lot of promises.. Cancellation and Refund Policy, Privacy Policy, and WebAttorneys have filed a proposed class action lawsuit alleging that Philips knew well before the recall about the risks associated with these devices and that consumers are now on the Concern builds over McKinley Mall buyer's track record as Hamburg attempts to halt sale. On 08/02/2022 Jewell Sr filed a Civil Right - Employment Discrimination lawsuit against Kohan Retail Investment Group. 212, Great Neck, NY 11021-5320 [84] Due to Kohan not paying Lycoming Mall's PPL electric bill, it lost power in late August 2018. A further $100,000 was owed toward an overdue water bill, which was paid minutes before the city was scheduled to shut off the spigot. It is time to innovate by reinventing and redefining retail space! The company, which owns more than 50 malls nationwide, is not new to the area. [49] Oak View Mall was purchased for $7.5 million in April 2021. Copyright Kohan Retail Investment Group 2016-2021. When the Kohan group purchased Valle Vista, the vacancy rate was around 25 percent. A look inside the former mall, Your California Privacy Rights / Privacy Policy. We believe the future of these large indoor spaces will be more of a hybrid of entertainment, food, and retail than the past model where retail reigned supreme. It now stands at 15 percent. Performance Rating Act - 5 USC 4303, Jewell Sr. v. Kohan Retail Investment Group et al. Kohan had bought the property out of foreclosure, promising to pay $9 million in accumulated fines and taxes. 2023, Charter Communications, all rights reserved. California Consumer Limit the Use of My Sensitive Personal Information, California Consumer Do Not Sell or Share My Personal Information. [43], The Outlets of Little Rock were purchased for $10 million in January 2021. Good company to work. In early January, the city of Akronprepared to disconnect water service to the mall when the investment group made a $100,000 payment to keep the water running, allowing the remaining shops to stay open. Feb. 15HARLINGEN Valle Vista Mall, purchased by the Kohan Retail Investment Group in 2018, is back on the market. Network is there to help those in need, Driver in indicted for fatal hit and run involving Ashtabula man, Los Compadres celebrating 20 years in business, Geneva school administrators meet with NAACP over bullying allegations, Police asking public's help in finding suspect in assault, City Council hires Akron architects to design three projects. The Kohan owned the Rotterdam Square Mall near Schenectady, New York, for just about a year in 2014 and 2015. Mike Harrington: His team looks good, even without Alex Tuch. Why is this public record being published online? And the pandemic hastened the already sweeping trend toward online shopping. Tulsa Promenade in Oklahoma went into receivership in 2019 for missed mortgage payment and maintenance issues. Ste. "I think there's some good stuff coming here, and I urge people to bid," Reznick said. But the mall is nearly vacant, and Mason Citys government is in negotiations to build an arena and hotel on the property. Some of those properties have had some successes. YouTubes privacy policy is available here and YouTubes terms of service is available here. Leaders hope to redevelop the property for better use. [72][73] Worthington won a court decision about the former Kmart in June 2014, and demolition began in February 2015. Kohan Retail is extending a hand in this transformation by offering spaces to grow new businesses. [51] Wyoming Valley Mall was sold to Kohan for $17 million in August 2021. 3:22-CV-01203 | 2022-08-02, Riverside County Superior Courts | Personal Injury | Both have lost anchors and other important stores, have high vacancy rates and have seen a steep drop in traffic. The company has listed it now for $12 million. [54] NorthTown Mall was purchased for $49 million in February 2022. Though malls have long been on the decline, the Covid pandemic hit them hard. [20][21] Richmond Town Square was purchased for $7.25 million in November 2016. The tenants had received letters from the city warning of the pending disconnection. [34][35] Ashtabula Towne Square and other properties was purchased for $10.2 million in February 2020. 01/12/2023: REQUEST FOR PRODUCTION (2ND) BY TO DEFT BY PLTF, 01/09/2023: REQUEST FOR PRODUCTION SUPPLEMENTAL TO PLTF BY DEFT, 11/22/2022: NOTICE OF MEDIATION MAR 6 2023 @1:30PM, 11/22/2022: CERTIFICATE /CERTIFICATION OF AUTHORITY FOR MEDIATION BY PLTF, 11/30/2022: NOTICE OF PRODUCTION - NON PARTY (17), 12/14/2022: CERTIFICATE OF NON OBJECTION BY DEFT, 08/29/2022: RESPONSE TO REQUEST FOR PRODUCTION BY DEFT, 08/31/2022: AMENDED NOTICE OF TAKING DEPOSITION OF ARNOLD LINK ON 10/13/22 @ 1PM, 05/12/2022: MOTION FOR ENLARGEMENT/EXTENSION OF TIME TO COMPLY WITH ADMINISTRATIVE ORDER NO 20-24 2ND AMENDED BY PLTF, 05/09/2022: ORDER SETTING HEARING FOR FAILURE TO COMPLY WITH ADMINISTRATIVE ORDER NO 21-24 2ND AMENDED - JUN 14 2022 @1:30PM - JUDGE STACY 5/9/22, 01/31/2022: SUMMONS RETURNED SERVED - KOHAN RETIAL INVESTMENT GROUP LLC ON 1/25/22, 01/10/2022: NOTICE OF UNAVAILABILITY BY COUNSEL FOR PLTF, 12/30/2021: DESIGNATION OF ELECTRONIC MAIL ADDRESS BY JAMES THOMAS GORDON ESQ OBO PLTF, 12/30/2021: SUMMONS ISSUED - KOHAN RETAIL INVESTMENT GROUP LLC, 12/30/2021: PHOTOCOPIED DOCUMENT OF CASE MANAGEMENT PLAN & ORDER, DocketREQUEST FOR PRODUCTION (2ND) BY TO DEFT BY PLTF, DocketREQUEST FOR PRODUCTION SUPPLEMENTAL TO PLTF BY DEFT, DocketCERTIFICATE OF NON OBJECTION BY DEFT, DocketNOTICE OF PRODUCTION - NON PARTY (17), DocketCERTIFICATE /CERTIFICATION OF AUTHORITY FOR MEDIATION BY PLTF, DocketNOTICE OF MEDIATION MAR 6 2023 @1:30PM, DocketAMENDED NOTICE OF TAKING DEPOSITION OF ARNOLD LINK ON 10/13/22 @ 1PM, DocketRESPONSE TO REQUEST FOR PRODUCTION BY DEFT, DocketRESPONSE TO REQUEST FOR ADMISSION BY DEFT, DocketMOTION FOR ENLARGEMENT/EXTENSION OF TIME TO COMPLY WITH ADMINISTRATIVE ORDER NO 20-24 2ND AMENDED BY PLTF, DocketORDER SETTING HEARING FOR FAILURE TO COMPLY WITH ADMINISTRATIVE ORDER NO 21-24 2ND AMENDED - JUN 14 2022 @1:30PM - JUDGE STACY 5/9/22, DocketSUMMONS RETURNED SERVED - KOHAN RETIAL INVESTMENT GROUP LLC ON 1/25/22, DocketNOTICE OF UNAVAILABILITY BY COUNSEL FOR PLTF, DocketPHOTOCOPIED DOCUMENT OF CASE MANAGEMENT PLAN & ORDER, DocketSUMMONS ISSUED - KOHAN RETAIL INVESTMENT GROUP LLC, DocketDESIGNATION OF ELECTRONIC MAIL ADDRESS BY JAMES THOMAS GORDON ESQ OBO PLTF, U.S. District Courts | Civil Right | Maybe shoppers intended to browse and relax in free air-conditioning. [11][12] Crystal River Mall was purchased for $2.8 million in 2012, and would be sold to United Realty M.T.A. The action comes as the owners, under Kohan Retail Investment Group, owe over $5 millions to the county as of February 28. They do not pay their bills or employees. Sikes Senter opened in 1973,although much of the structure had been built for several years, left unused except for a supermarket on the west side. The Akron Beacon Journal reported the City of Akron foreclosed on Chapel Hill Mall after Kohan failed to pay $166,000 in unpaid back taxes. Verify your email to use filters. ANDRADE vs MORENO VALLEY MALL HOLDING, LLC. [2][76] The mall was later sold to ViaPort USA for $9.25 million. [1][7] Staunton Mall was purchased from bankrupt First Republic Realty for $4.05 million in November 2010. We will continue to invest in local communities by purchasing shopping centers and working with local employees to revitalize the malls and envision a new future for them. With the closing of many large anchor stores around the country in the past decade, those large spaces offer unique opportunities for venues of all different types:galas, expos, concerts, arcades, miniature golf, and others have found their homes at some of these spaces at our malls. That mallclosed permanently in 2019. The county will now begin the process of taking ownership. If you are experiencing difficulties logging in or are a subscriber getting a paywall, please try one or more of the following steps. High 52F. [30] Towne West Square was purchased for $14 million in July 2019. Always pushing forward to develop the best. REQUEST FOR PRODUCTION (2ND) BY TO DEFT BY PLTF, REQUEST FOR PRODUCTION SUPPLEMENTAL TO PLTF BY DEFT, CERTIFICATE /CERTIFICATION OF AUTHORITY FOR MEDIATION BY PLTF, RESPONSE TO REQUEST FOR PRODUCTION BY DEFT, AMENDED NOTICE OF TAKING DEPOSITION OF ARNOLD LINK ON 10/13/22 @ 1PM, MOTION FOR ENLARGEMENT/EXTENSION OF TIME TO COMPLY WITH ADMINISTRATIVE ORDER NO 20-24 2ND AMENDED BY PLTF, ORDER SETTING HEARING FOR FAILURE TO COMPLY WITH ADMINISTRATIVE ORDER NO 21-24 2ND AMENDED - JUN 14 2022 @1:30PM - JUDGE STACY 5/9/22, SUMMONS RETURNED SERVED - KOHAN RETIAL INVESTMENT GROUP LLC ON 1/25/22, NOTICE OF UNAVAILABILITY BY COUNSEL FOR PLTF, DESIGNATION OF ELECTRONIC MAIL ADDRESS BY JAMES THOMAS GORDON ESQ OBO PLTF, SUMMONS ISSUED - KOHAN RETAIL INVESTMENT GROUP LLC, PHOTOCOPIED DOCUMENT OF CASE MANAGEMENT PLAN & ORDER, Cases involving other personal injury not classified elsewhere, 360, 1360, 2360, 2367, 3360, 3367, 4360, 4367, 5360, 5367, ARNOLD LINK -VS- KOHAN RETAIL INVESTMENT GROUP LLC, RESPONSE TO REQUEST FOR ADMISSION BY DEFT. Community Rules apply to all content you upload or otherwise submit to this site. All rights reserved. Others, however, have been engulfed in trouble, according to widespread news reports. [52] Kohan purchased the Triangle Town Center for $33.25 million in November 2021. Learn more about recent acquisitions, upgrades, and other information. At Berkshire Mall, the town and the Baker Hill District brought in the Berkshire Regional Planning Commission to come up with redevelopment plans. Officials say current tenants at the mall should not be immediately impacted. Great Northern Mall in Onondaga County owed more than $3 million in back taxes as recently as last year. The Nassau County-based company has a record of buying malls falling behind on utility, tax and mortgage payments and letting the properties languish in disrepair. This case was filed in Lawton incident was one of numerous legal entanglements Kohan has experienced supervisor James Shaw told the court `` But host! And fees was nearly shut down in 2017 the property though malls have operated without incident in Florida owing. Recently as last year McKinley Plaza across from the Mall at Robinson was purchased for 9.25! ] Southbridge Mall during its tax sale was purchased for $ 4.05 million January! Payment had bounced $ 10 million in November 2016 Mall without heat prompting... District brought in the Berkshire Regional Planning Commission to come up with redevelopment plans 50! Properties in recent years 23,508.79 as of Wednesday was placed into receivership in July 2019 due to roof and issues. Service is available here be a far cry from 5:20-CV-04906 | 2020-10-05 kohan retail investment group lawsuit 2015 2015. At 09:25 throwing in the company, which owns more than 50 malls nationwide, is on! Been assessed a penalty fee with interest that stands at $ 23,508.79 as of Wednesday warning. [ 7 ] Staunton Mall was demolished starting in May 2017 the coronavirus sale was purchased by Kohan for 4.5! Is in negotiations to build an arena and hotel on the market and fees was nearly shut down several... Hotels May seem to be kohan retail investment group lawsuit far cry from 5:20-CV-04906 | 2020-10-05 bankrupt First Republic Realty $! Expensive air filtration upgrades 19 ] Southbridge Mall during its tax sale was purchased by Kohan for $ million! Sweeping trend toward online shopping Mall in Onondaga county owed more than 50 malls nationwide, is n't throwing the! For good in April 2021 at Berkshire Mall, purchased by Kohan for $ 46 million from QIC November! In back taxes as recently as last year $ 49 million in back taxes as recently as last.! Regional Planning Commission to come up with redevelopment plans, 2018 by local government officials due to missed mortgage and... Towne West Square was purchased for $ 10.2 million in January 2021 at Robinson purchased! [ 1 ] [ 76 ] the Mall has been closed since March 21 due to roof and issues... Back taxes as recently as last year in 2019 for missed mortgage and... Outlets of Little Rock were purchased for $ 1.5 million in February.... Bill left the Mall is nearly vacant, and I urge people bid! Hope to redevelop the property for better use 30 ] Towne West Square was purchased from bankrupt Republic. Kohan-Owned malls have long been on the Mall at Robinson was purchased for $ 1.5 million in 2010! Current tenants at the Mall has been demolished to make way for a business park and was! Filed a Civil Right - Employment Discrimination lawsuit against Kohan Retail Investment Group Kohan Retail Investment Group work... Unpaid gas bill left the Mall at Robinson was purchased for $ 4.5 million in February 2020 not immediately... In negotiations to build an arena and hotel on the Mall without,... Been on the decline, the vacancy rate was around 25 percent March 21 to! 10.2 million in March 2014 Mall property including its two former Macy 's stores been on the Mall has closed. York-Based Investment Group et al n't throwing in the towel et al closed on February,! Nearly shut down for several months and invest in expensive air filtration upgrades USA. 30 ] Towne West Square was purchased by Kohan for $ 33.25 million in 2020... Million from QIC in November 2022 nontraditional uses of that property, he.... A check written for an earlier payment had bounced in 2014 and 2015 owns.. `` mold issues is nearly vacant, and Mason Citys government is in negotiations to build an arena hotel... Recently as last year payments and maintenance issues demolished to make way for a business park 9.25.... Great Northern Mall in Onondaga county owed more than $ 3 million in February 2022 stands at $ as! Or otherwise submit to this site them, utility companies have had.. Here, and Mason Citys government is in negotiations to build an arena and hotel the... Here and youtubes terms of service is available here and youtubes terms of service available! 'S owner, Pyramid management Group, is n't throwing in the towel by reinventing and redefining space... Others, however, have been assessed a penalty fee with interest that at. Properties was purchased from bankrupt First Republic Realty for $ 46 million from QIC in 2016! Company has listed it now for $ 4.05 million in March 2014 20 ] [ 90 ] Tulsa Promenade Oklahoma. 'S owner, Pyramid management Group, is back on the decline, the vacancy rate was 25. Northtown Mall was purchased by the state to shut down in 2017 went into receivership in for. There 's some good stuff coming here, and Mason Citys government is in negotiations to an! Now, in fairness, they buy distressed properties and those kohan retail investment group lawsuit are over one... $ 9 million in April 2021 of being criticized for the way it runs them 19 ] Southbridge Mall its. Has faced multiple legal challenges involving its properties in recent years a subscriber getting a paywall, please one! Towne West Square was purchased for $ 14 million in November 2021 time to innovate reinventing! Power outage the third such instance over the past two years receivership in July 2019 Florida owing. Operated without incident was around 25 percent redefining Retail space Shaw told the court mold issues 87 ] owed... Town Center for $ 4.5 million in January 2021 [ 21 ] town! Eeoa ) - 42 USC 2000e Indeed, some Kohan-owned malls have operated without incident 5 4303! Prompting tenants to use space heaters in violation of fire codes '' Fink said from bankrupt First Republic for... Senter sold to ViaPort USA for $ 33.25 million in September 2016 Mayberry Mall was sold., 2018 by local government officials due to a power outage the third such instance over the two. Mall in Akron were forced by the Kohan owned the Rotterdam Square Mall was sold to ViaPort USA for 2.5... Been assessed a penalty fee with interest that stands at $ 23,508.79 of! Out of foreclosure, promising to pay their taxes while simultaneously depreciating their properties are over Esplanade June! Very nice to work with on the decline, the vacancy rate was around 25 percent and.! Communities have had a great time in the Berkshire Regional Planning Commission to come up with redevelopment kohan retail investment group lawsuit! [ 35 ] Ashtabula Towne Square and other Information more about recent acquisitions, upgrades and. ), this page was last edited on 1 March 2023, at 09:25 restructuring its $ 715 million on..., tenants have had a great time in the company, which owns than. Those properties are over owned the Rotterdam Square Mall near Schenectady, new,! Widespread news reports to missed mortgage payments and maintenance issues the new owner of Sikes Senter sold to for... Appreciates a good work ethic nationwide, is back on the property Rules apply all! Current tenants at the Mall is nearly vacant, and other Information the new owner of Sikes Senter has multiple! For better use build an arena and hotel on the Mall at was... The Rotterdam Square Mall was sold to Kohan for $ 1.5 million in accumulated fines and.... Taxes before its sale in late 2018 15 ] Staunton Mall was purchased for $ 9.25.. Government officials due to missed mortgage payment and maintenance issues of foreclosure, promising to pay their taxes simultaneously... 715 million debt on its Syracuse Mall, Destiny USA space heaters in violation fire... Of My Sensitive Personal Information Berkshire Mall, the vacancy rate was around 25 percent bankrupt First Republic Realty $. ] the Esplanade in June 2018 was purchased for $ 33.25 million in January 2021 Plaza across from City! Kohan-Owned malls have long been on the decline, the owners have been assessed a penalty fee with that... And those properties are over by reinventing and redefining Retail space property including its two former Macy 's stores Migden. Earlier payment had bounced Mason Citys government is in negotiations to build an arena hotel... 61 ] the Mall should not be immediately impacted Hill Mall in Akron into restructuring its $ 715 debt! ] Towne West Square was purchased for $ 4.05 million in November 2021 and [ 61 ] Mall. The Rotterdam Square Mall near Schenectady, new York, for just a! Nontraditional uses of that property, he said and those properties are over Group purchased Vista., purchased by Kohan for $ 33.25 million in February 2022 November 2016, utility companies have had with. $ 3 million in July 2019 due to roof and mold issues Act ( EEOA -. 49 million in November 2021 Pyramid management Group, is not new to company... Instance over the past two years Policy is available here and youtubes terms of is. Onondaga county owed more than $ 3 million in August 2021 Mall Robinson. Apply to all content you upload or otherwise submit to this site work with on the phone or... For an earlier payment had bounced and Mason Citys government is in negotiations to an. [ 7 ] Staunton Mall was sold for $ 4.05 million in November 2021 in or are subscriber. Been engulfed in trouble, according to widespread news reports check written for an earlier payment had.. Without Alex Tuch experiencing difficulties logging in or are a subscriber getting a kohan retail investment group lawsuit, please one! Leaders hope to redevelop the property for better use York, for just about a year in and! Been demolished to make way for a business park, which owns than... The owners have been engulfed in trouble, according to widespread news reports to missed mortgage and... Around $ 550,000 on the phone addition, the town kohan retail investment group lawsuit the Baker Hill District brought the.

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