Struggling Namdar Malls

  • Colorado:

    • Colorado Springs (The Citadel Mall): Stores closed temporally in 2024 for lack of adequate security

  • Connecticut:

    • Enfield (Enfield Square): pending sale conditional upon the city obtaining a state grant to assist in financing redevelopment 

    • Waterford (Crystal Mall): Namdar said last Spring that it was considering selling it

  • Florida:

    • Jacksonville (Regency Square Mall): Purchase is still pending after more than a year: the city continues to fine Namdar for more than $1.6 million for code violations

  • Illinois:

    • Bradley Village (Northfield Square): After two years of negotiation, :Namdar has agreed to sell part of its Northfield Square mall to the VIllage, which in November 2024 approved $6.5 million for the purchase

  • Maine:

    • Bangor (Bangor Mall): City's lawsuit for compensation for making code violations repairs has ended, with a decision in a few weeks

  • Michigan:

    • Flint Township (Genessee Valley Center): Recurring water main breaks; Namdar says that it will consider selling (for $30 million)

  • North Carolina:

    • West Sanford (Riverbirch Corner Mall): City began daily fines in October 2024 for failures to make repairs to driveways with potholes

  • Ohio:

    • Mansfield (West Park Shopping Center): City is renewing its lawsuit after two years of Namdar refusing to demolish condemned buildings and  remove the parking lot

    • Dublin (Tuttle Crossing Mall): air conditioning failure in Summer 2024

  • Pennsylvania:

    • College Township  (Nittany Mall): Namdar has sued the city to try to prevent it from making parking lot sinkholes repairs (that Namdar says that it can do cheaper)

    • Wyomissing (Berkshire Mall): Borough sued Namdar for recurring parking lot sinkholes

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Namdar 2024 Year End Update