Rendering courtesy of Triple Five Group
July 22, 2020
No reopening plans for NJ’s American Dream mall as tenants flee and owner skips mortgage payments
After nearly two decades of construction delays, New Jersey's mega-mall American Dream partially opened last October. Six months later, the three-million-square-foot venue was forced to close its doors because of the coronavirus pandemic. Now, even as the state continues its gradual reopening, there is still no reopening date for the $5 billion mall. As NJ.com reported, owner Triple Five Group has missed three consecutive mortgage payments and retail tenants are getting out of their leases at the space.
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