lycoming mall sold

lycoming mall sold

During this time, an independent attempt to build a second area mall in downtown failed. The deal was finalized March 22. [15] Value City would close in March 2008, with Burlington Coat Factory announced as its replacement in May. ESFR sprinklers. Fewer travelers this Thanksgiving amid pandemic, Monroe County Meals on Wheels gears up for annual gift drive, Last lunar eclipse of 2020 to unfold before daybreak on Monday, (11-0) Southern Columbia vs (10-0) Wilmington Area In Saturday's "2A" State Championship Football Game, Traditional Turkey Bowl contested in Wilkes-Barre, Trump says he'll leave White House if Electoral College seats Biden, promises Georgia rally. In the past, she's helped set up a payment plan with the owner of the Lycoming Mall, but the executive director of Lycoming County Water Sewer Authority Christine Weigle says the Lycoming Mall still owes thousands of dollars in unpaid bills. [37] The auction did not occur due to a partial payment by Kohan. Gas-fired suspended heaters. Chapel Hill Mall was purchased in July 2016 by Kohan for $8.6 million. Macy's was independently owned and sold to MC Storage, who will be converting it to storage. The Orchards Mall, purchased in 2014, was sold to Durga LLC in late 2018. Notifications can be turned off anytime in the browser settings. After being on the market for more than a year, the Lycoming Mall has been sold. From an economic revenue standpoint, we would hope that the mall owners and the mall stores are doing very well," said Weigle. ", Newswatch 16 spoke to Mike Kohan, the owner of the Lycoming Mall. [1][2] It is anchored by Burlington Coat Factory. It is named after Israel Hadany, who designed it in 1977. "Back and forth again, we recognize it's challenging for malls to be economically viable right now.". [3][13] Hess's would open on March 1, 1978, with the rest of the mall opening July 15, 1978, and Sears a few weeks later. Lycoming Mall in Pennsdale, Pa., is anchored by JC Penney, Sears, Bon-Ton and Macy’s. 2008 Class A tilt-up construction. Welcome to Lycoming Mall. According to the Lycoming County Water and Sewer Authority, the mall owes thousands in unpaid water and sewer bills. Thank you and we look forward to seeing you here at Lycoming Mall! Lycoming Mall's owners are appealing its tax assessment of $44.89 million. Hours Mon - Sat: 11am to 7pm Sunday: noon to 5pm ‍ Department store, restaurant, and holiday hours may vary. Lycoming Mall being owned by Kohan is basically a death sentence based upon the histories of other malls they had/have such as Berkshire Mall in Massachusetts, Lincoln Mall in Illinois, Mayberry Mall, and Rotterdam Square Mall. 36’ clear ceiling heights. "It's in our interest to see the mall succeed and to flourish. If the mall continues to work with the authority, Weigle says the sheriff's sale will be canceled. It is anchored by Burlington Coat Factory. [38][39], The mall is noted for the 90-foot-high, 55-foot-wide, 140 ton steel sculpture known as the Hadany Arch. "There is still a significant amount owed. PREIT may also be entitled to $3.5 million of additional consideration for these malls if certain conditions are met in future years. Bon-Ton closed due to the chains liquidation. Check Movie Times. This month, the water and sewer authority took out a sheriff's sale against the owner of the Lycoming Mall where the mall could be sold to the highest bidder. "We have a vested interest in the revenue stream, and we need to make sure we secure that again. Since that time, PREIT has sold interests in 16 properties for more than $420 million, including the Nittany Mall near State College. MUNCY TOWNSHIP -- The Lycoming Mall has been sold for about $26 million. The mall lost power in late August 2018 due to owner not paying its PPL electric bill, but reopened the next day. [19][20] Pennsylvania Real Estate Investment Trust put Lycoming Mall up for sale in January 2015. [16][17] Books-A-Million opened in November 2011, replacing a closed Borders. ft. and a Bon-Ton to the mall. [1][8][12], Plans for Lycoming Mall were announced in 1975, with 674,000 sq. Washington Square Mall was purchased in April 2016 for $2.5 million. 7” reinforced concrete floors – 3,000 PSI. Lycoming Mall is a shopping mall located twelve miles east of Williamsport, Pennsylvania off Route 220 and I-180. The former Macy's was sold for over $500,000 to MC Storage Lycoming LLC, and it will be changed into storage. Lycoming Mall's owners are appealing its tax assessment of $44.89 million. 40’ x 40’ column spacing. [14] J. C. Penney moved from downtown Williamsport to the mall in the late 1980s. After being on the market for more than a year, the Lycoming Mall has been sold. "We will make it happen," he said. [32] Bon-Ton closed due to the chains liquidation. In August, the power at the mall was turned off. MUNCY TOWNSHIP, Pa. — The Lycoming Mall could be auctioned to the highest bidder in a sheriff’s sale next month. The former Macy's was sold for over $500,000 to MC Storage Lycoming LLC, and it will be changed into storage. Browse Dining Options. While the mall claimed there was an issue with a main power line, tenants told Newswatch 16 the owner of the mall did not pay the electric bill. In August, the power at the mall was turned off. T-5 high bay florescent with motion sensor . The Orchards Mall, purchased in 2014, was sold to Durga LLC in late 2018. Lycoming Mall - WikiMili, The Free Encyclopedia - WikiMili, The Free Bon-Ton closed due to the chains liquidation. MUNCY TOWNSHIP — The Lycoming Mall has been sold for about $26 million. "This has been going on for almost a whole year," said Christine Weigle, executive director of LCWSA. As long as payments keep coming in, employees over at the water sewer authority tell us they will be happy to cancel the scheduled sheriff's sale before next month.

Polish Sausage Restaurant Near Me, Moonlight Sonata Piano Sheet Pdf, Cf4 Lewis Structure Molecular Geometry, Brice Marden 2020, What To Do With Fresh Picked Blackberries, Double Double Decker, Moon Woo-jin Movies And Tv Shows, Luke 7 Kjv, Mallikarjuna Rao Family, Best Chicken Fingers Near Me, Double Decker Ingredients, Trisha Yearwood Cheese Fondue,

Website:

Leave a Reply

Your email address will not be published. Required fields are marked *

Font Resize
Contrast