Death Knell for Suburban Malls
Empty hallways at Great Northern Mall in Clay on Sunday afternoon, Jan. 31. Most stores have moved to other locations or closed.

Death Knell for Suburban Malls

Retail Council: Many factors exist as to why traditional malls are biting the dust By Lou Sorendo Dick’s Sporting Goods at Great Northern Mall in Clay is the last anchor store to leave the mall. It’s scheduled to relocate within the next few months. A once-treasured tradition is fading away. Two suburban malls in Onondaga County — ShoppingTown in DeWitt and Great Northern in Clay are seemingly dying slow deaths. According to a report by Credit Suisse, about 20% to 25% of all malls in the United States will close in the next five years. In 2017, more than 6,000 mall stores closed and left the malls. Onondaga County is considering using ShoppingTown Mall as a site to vaccine people against COVID-19. County officials reached an agreement with its owner, Moonbeam Capital, in November, and acquired the mall in December for $3.5 million. In January, the county issued a formal request for proposals to redevelop the mall. ShoppingTown filed for protection from creditors under Chapter 11 of U.S. Bankruptcy Code in 2019 and never reopened after malls were ordered by Gov. Andrew Cuomo to close temporarily in March because of the coronavirus pandemic. It has lost retail titans Macy’s, Dick’s

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