Skyview on the Ridge: Difference between revisions

Revision as of 03:25, 11 April 2007

Revision as of 03:26, 11 April 2007

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In 2003, [[JC Penney]] closed, and approximately 80 percent of the mall's non-anchor retail space was vacant. In 2005, [[Wilmorite Properties, Inc]]. sold the mall to a conglomerate headed by [[Adam Bersin]], and the name of the mall changed to [[Medley Centre]]. Also in 2005, the mall got a new anchor, [[Steve and Barry's]]. In 2006 the mall got 2 new anchors: Macy's (replaced Kaufmanns), and [[Target Corporation |Target]] (opening October 2006 in an exterior ___location). New stores are starting to come to the mall again.

It was announced on April 10, 2007 that Scott Congel, a principal with [[The Pyramid Companies]] of Syracuse, would purchase the mall for an undisclosed sum. Adam Bersin will remain to manage and help develop the property. The sale triggered speculation that the half-empty mall may be developed into a mixed use property.<ref>{{cite news |title=Medley Centre Sold |url=http://www.13wham.com/news/local/story.aspx?content_id=2305f98f-0fc3-42b2-9400-e5674fe9360e |publisher=Rachel Barnhart, WHAM-TV |date=20052007-04-10 |accessdate=2007-04-10 }}</ref>

== Current Anchors ==