I watch videos of abandoned malls online and if you follow “sal” on youtube, you’ll find Moonbeam is this way with every mall they own.
They buy it, promise to restore/renovate then do nothing.
It’s their reputation and for some reason, a business practice..
Do they get some sort of tax incentive to do this?
Because holding property that gives no return is kind of a weird thing to do.
With a company name like “Moonbeam,” what did you expect?
Money laundering?