The biggest malls in America, from the troubled American Dream mall to Florida’s alligator-shaped shopping center
12. Palisades Center
Danni Santana
Palisades Center in West Nyack, New York, opened in March 1998. The four-level shopping mall has 225 stores and 16 sit-down restaurants inside. It also has guest attractions like a bowling alley, ice rink, and indoor ropes course.
Palisades Center offers 2 million square feet of leasable store space and is owned by EklecCo NewCo LLC, a division of Pyramid Management Group.
Mortgage lender Wilmington Trust is now looking to foreclose on Palisades after EklecCo failed to pay back a $418.5 million loan from 2016 in full, Patch reported last month. Wilmington Trust has filed suit against Pyramid asking the New York Supreme Court to have mall tenants pay rent to the firm directly until Palisades Center is put up for sale.