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Is Destiny mall sinking?

Is Destiny mall sinking?

Destiny, New York’s biggest shopping mall, is buried in an almost-unimaginable load of debt. Pyramid Management Group, the mall’s owner and operator, owes $715 million on the property. That has not changed much since Pyramid opened a big addition in 2012 and changed the mall’s name from Carousel Center to Destiny USA.

What time Destiny opens?

Monday-Saturday: 11 a.m. to 7 p.m. Sunday: 11 a.m. to 5 p.m.

What stores left Destiny USA?

SYRACUSE, N.Y. — Yet another large retail store at Destiny USA, Best Buy, announced it will close in early March. It’s the second big chain to announce a closure this month, as Michaels will close as well. Lord & Taylor and Abercrombie have closed or announced plans to close in the past few months.

Is Destiny USA the largest mall?

Destiny USA is the largest mall in New York state, with 2.4 million square feet of retail space that includes over 300 stores.

How many stores are in Destiny USA?

Welcome to Destiny USA—New York’s largest destination of its kind with over 250 places to shop, dine and play, visited by 26 million guests every year.

How much does Destiny USA make a year?

DestiNY USA will generate up to $12.5 billion in annual economic activity, the firm estimated, and will create as many as 122,000 jobs with an average annual wage of about $31,000.

What’s open at Destiny USA?

October 15, 1990
Destiny USA/Opened

Is destiny going to close?

Syracuse, N.Y. The Boston Globe reported in September that U.K.-based Clarks could be closing up to a quarter of its 214 retail locations in the U.S. by the end of 2021 in a bid to survive the consumer shift toward online purchases. …

What is the biggest mall in America 2021?

Mall of America
As of January 2021, Mall of America, located in Bloomington Minnesota, was the largest mall in the United States with a Gross Leasable Area (GLA) of 5.6 million square feet.

Is Best Buy at Destiny closing?

Syracuse, N.Y. — Best Buy says it will close its store at Destiny USA in April, the latest anchor store to exit the giant Syracuse mall. Best Buy disclosed its plan in a notice to the state under the Worker Adjustment and Retraining (WARN) Act. It said the store will close permanently on April 17, 2021.

How many stores does Syracuse mall have?

Destiny USA – Mall/Shopping center in New York

Destiny USA address: 9090 Destiny USA Drive, Syracuse, New York – NY 13204
Phone number: 315 466 6000
State: New York
Area/City: Syracuse
Number of stores: 251

How much is Destiny USA in debt?

Destiny USA’s value was last pegged at $203 million, down from $710 million seven years ago for the upstate New York State property, which sits about 175 miles east of Niagara Falls. The borrower still owes $430 million in senior mortgage debt.

What stores are in Destiny mall?

Burlington

  • Brooks Brothers
  • Chico’s Outlet
  • Christopher&Banks Outlet
  • Coach Outlet
  • Dressbarn
  • Eddie Bauer Outlet
  • Fossil Outlet
  • G.H. Bass&Co.
  • Janie&Jack Outlet
  • What stores are in Syracuse mall?

    The Great Northern Mall is a regional shopping mall located in the Syracuse suburb of Clay, New York. In addition to its 80 stores, a food court, and a 10-screen Regal Cinemas multiplex. The mall is the major shopping center for Syracuse’s northern suburbs and Oswego County .

    What stores are open at Destiny USA?

    Main anchor stores include Macy’s, At Home, Dick’s Sporting Goods, Burlington Coat Factory, Forever 21, DSW, Old Navy, Nordstrom Rack, and TJ Maxx. There are vacant anchors left by JCPenney, Lord & Taylor, Bon-Ton, Best Buy, Saks Off 5th, and Michaels. Destiny USA opened on October 15, 1990 as the Carousel Center mall.

    Where is Destiny USA in Syracuse NY?

    Destiny USA is located in Syracuse, New York and offers 243 stores – Scroll down for Destiny USA outlet shopping information: store list, locations, outlet mall hours, contact and address. Address and locations: 9090 Destiny USA Drive, Syracuse, New York – NY 13204.