Samanea New York Market

Samanea New York Market is a planned mixed-use development center located in East Garden City, New York, on Old Country Road and Merchants Concourse , currently managed and owned by Lesso Mall Development Long Island Inc. The center is being built inside the mostly dead Mall At The Source, which was named for its former anchor store Fortunoff , which the mall was built around and which closed in June 2009.

With the closure of Fortunoff, Steve and Barry's , and Circuit City , three large anchor stores have become vacant. The drop of foot traffic by the loss of the anchors has caused other stores – the three aforementioned subanchor chains, plus Saks Off 5th, & Forever 21 – and the entire food court – including McDonald's, Starbucks, Ranch 1 – to pull out from the mall. Simon Property Group and unnamed co-owners of the Mall at the Source defaulted on a $124 million balloon interest-only mortgage in March 2009. It was purchased by a European pension fund in August 2012 and auctioned. In November 2016, it was announced that the Mall at the Source will be sold and could be demolished to make way for a new mixed use development.

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