ShoppingTown Mall Says It’s Headed to Bankruptcy Court to Avoid Tax Foreclosure

Edward Skylaroff, CEO of the nearly vacant New York Mall, ShoppingTown, said that he has directed mall officials to file for chapter 11 reorganization. Onondaga County is trying to seize the mall because it owes more than $9.7 million in unpaid property taxes dating back to 2015. The company is requesting the mall’s tax assessment be decreased from $36.7 million to $3.7 million.

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