Newburgh Mall facts for kids
Main entrance to the Newburgh Mall
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| Location | Newburgh, New York, United States |
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| Opening date | 1980 |
| Developer | Kravco |
| Owner | Urban Retail Properties Co. |
| No. of stores and services | 54 |
| No. of anchor tenants | 3 (2 open, 1 vacant) |
| Total retail floor area | 388,000 sq ft (36,000 m2) |
| No. of floors | 1 |
The Newburgh Mall is a shopping center in the Town of Newburgh, New York. It's a place where many stores are gathered under one roof. The mall is located near major highways like NY 300, Interstate 87, and Interstate 84.
The Newburgh Mall first opened its doors in 1980. It was built by a company called Kravco. When it first opened, it had many different stores for people to visit.
About Newburgh Mall
The Newburgh Mall is a large shopping center. It has many stores where you can buy clothes, electronics, and other items. It's a popular spot for shopping and meeting friends in the Newburgh area.
What's Inside?
The mall has over 65 stores. These stores offer a wide variety of products. You can find everything from clothes to home goods.
Shopping malls often have "anchor stores." These are big, well-known stores that attract many shoppers. At Newburgh Mall, the main anchor stores are Sears and Office Depot.
In the past, other large stores were anchors here. These included The Bon-Ton, Caldor, and Steinbach. Some of these stores are no longer in business today.
Mall History
The Newburgh Mall has seen many changes since it opened in 1980. Over the years, some stores have moved out, and new ones have moved in.
For example, the clothing store Old Navy moved out of the mall in 2011. This is common for malls as stores change over time.
Changes in Ownership
Like many businesses, the Newburgh Mall has faced challenges. In 2012, the mall had financial difficulties. This meant it was hard for the owners to make their payments.
Because of these problems, the bank that lent money for the mall, Wells Fargo, took ownership. This is called a "foreclosure sale." The bank bought the mall for a small amount of money to take control.
Later, in 2017, the mall was sold again. A new owner bought the Newburgh Mall for $7.7 million. This new ownership brought new plans for the mall's future.
