“As bad as the economy is, the demise of large shopping malls is actually the result of the changing nature of retail.”
I agree, but would like to know why they built a mall here in northern NJ that never even opened. The Xanadu Mall was built a few years ago (by Giants Stadium in the Meadowlands), complete with an indoor ski slope, and never opened. In the meantime, in the adjacent parking lots every Saturday, Americans and illegals are literally buying groceries in the Meadowlands Flea Market. Cereal, soap, toothpaste, whatever - in the shadow of this monstrosity of a “dead mall” that never opened its doors...
Our local mall food court is great if you want to watch backwards Yankee ball caps on gold chained ILLEGALS at 10:30 in the morning on a week day!
A series of bankruptcies and disputes stalled construction of the mall. The project is under new ownership, and current plans schedule an opening in 2016.