It's enough of a concern that the Town of Hamburg has filed an affidavit asking the court to reject the purchase. [100] Kohan paid almost $300,000 in unpaid bills and fees to avoid the sheriff's sale. Berkshire Mall in Massachusetts repeatedly lost power over unpaid utility bills and was almost seized over missed tax payments. LLC in August 2016. In several instances, KRIG has lost ownership or control of the malls altogether. Kohan Retail Investment Group lists more than 35 properties on its website. During Jefferson Parish, Louisiana 's investigation, it was discovered that additional taxes from 1992 were Kohan Retail Investment Group bought Burnsville Center in an $18 million deal late last year. Kohan owesOnondaga County $5.1 million in unpaid taxes for Great Northern Mall, which has been closed for a month due to heating issues. Our county economically is doing fantastic, I really hope this sale is a sign of great things to come for the area.. The Kohan group, specialists in buying and improving distressed mall properties, bought the ailing mall property for $12.5 million. Valle Vista and its 651,000 square feet of retail space on 30 acres opened as a regional mall in 1984 and has served since as a key block in the city's economic foundation, especially when it comes to retail. Ideas include housing, agriculture, research and development or warehousing, as well as retail. Properties previously owned by Kohan Retail Investment Group as of 2022 include: Mall properties hotels by Kohan Retail Investment Group as of 2022 include:[114]. [49] Oak View Mall was purchased for $7.5 million in April 2021. for $17 million. [22] Kohan purchased six malls in 2018 for $46 million. Despite that improvement, the mall may well be in financial trouble. Though malls have long been on the decline, the Covid pandemic hit them hard. [45] Prizm Outlets was purchased by Kohan at auction for $1.525 million in January 2021. The mall is anchored by JCPenney with three vacant anchors last occupied by Dillard's, Sears, & Stage.At the time of the mall's (Wood, Peter) (Entered: 09/19/2022), Docket(#2) Summons Issued as to Kohan Retail Investment Group, Wyoming Valley Mall Realty Holding LLC and provided TO ATTORNEY ELECTRONICALLY VIA ECF for service on Defendant(s)in the manner prescribed by Rule 4 of the Federal Rules of Civil Procedure. Copyright 2022 WIBW. The Akron Beacon Journal reported the City of Akron foreclosed on Chapel Hill Mall after Kohan failed to pay $166,000 in unpaid back taxes. [23] Fort Steuben Mall was purchased for $10.75 million in December 2018. The suit was filed against mall owner Michael Kohan of Great Neck, N.Y., Chapel Hill Mall Realty Holdings LLC, Southbridge Mall Realty Holdings LLC, and Kohan Retail Investment Group LLC. This employer has not claimed their Employer Profile and is missing out on connecting with our community. ANDRADE vs MORENO VALLEY MALL HOLDING, LLC. In time, redevelopment plans emerge, but with someone other than Kohan in the drivers seat much to the relief of local officials who still, even in the internet age, depend on real estate tax revenue generated by retailers. [1] After purchasing Woodville Mall in 2009, it was closed in December 2011 by court order, and demolished by Northwood, Ohio in March 2014 due to its poor material condition. ", "It's a strategic move to sell it," he added. The closed Canadian border cut off a flow of customers that malls like the Walden Galleria and the Fashion Outlets relied upon. Hes very nice to work with on the phone. Finally, one place to get all the court documents we need. -Friendly environment [18] Chapel Hill Mall was purchased in July 2016 by Kohan for $8.6 million. [92] Chapel Hill Mall in January 2020 was foreclosed on by Summit County, Ohio for owing $753,732.82 in real estate taxes. The Buffalo News reported officials in the Town of Hamburg, N.Y.,were so concerned about Kohans track record they filed an affidavit asking a court to reject the purchase of McKinley Mall. [39] Kohan later sold another Virginia Center Commons anchor building for $4.1 million to Impact Investments Group LLC in April 2020. High 52F. The company has listed it now [81][82] In August 2018, Kohan sued Clay, New York for a reduction in the Great Northern Mall's taxes, while owing $1.53 million to county government. Must-read local business coverage that exposes the trends, connects the dots and contextualizes the impact to Buffalo's economy. Copyright Kohan Retail Investment Group 2016-2021. 'Overworked and underpaid': University at Buffalo resident doctors and fellows launch union campaign, Owner of Buffalo CPA firm denies claims of financial, workplace wrongdoing, Buffalo Bills defensive coordinator Leslie Frazier to take year off from coaching, Sabres acquire defenseman Riley Stillman from Vancouver for prospect Josh Bloom, Jemal's firm forced to redo improper work on historic Fruit Belt house, Paula's Donuts to move Clarence store that faced backlash for tax breaks to Amherst, Democrats explore blue-collar struggles as brand is 'damaged', 14 police agencies break up fights outside Boulevard Mall, Buffalo Bills GM Brandon Beane on salary cap, Gabe Davis expectations, Damar Hamlin update and more, Observations: In OT thriller, Sabres get the final answer over Lightning on Ilya Lyubushkin's goal, Sabres trade deadline primer: How GM Kevyn Adams can add to his contending roster. Rotterdam Square Mall near Schenectady had its power shut off over an unpaid $300,000 electric bill. The deal would move faster if the property sold at auction. "We have grave reservations," said James Shaw, Hamburg town supervisor. Correction: An earlier version of this story incorrectly attributed information about how much money Kohan owes to National Grid. [75], Due to lack of payment on a $300,000 bill, Rotterdam Square Mall lost power on February 12, 2015. Hello, Chapel Hill Business Park. Those malls have fallen on similarly tough times. I own almost40 malls across the country.. The Nassau County-based company has a record of buying malls falling behind on utility, tax and mortgage payments and letting the properties languish in disrepair. Ashtabula County not immune to U.S. teacher shortage, Auditors Office kicks off National Weights and, Brainard sentenced to 4 to 6 years in prison fo, EPA opens office near site of Ohio toxic train , CAMPAGNE, Veronica Jan 30, 1927 - Feb 27, 2023, BOWSER, Betty Jun 28, 1933 - Feb 22, 2023, MOORE, SR., Charles Jun 28, 1950 - Feb 24, 2023, Pennsylvania state police drop off disabled homeless man in Ashtabula, Ashtabula County Court of Common Pleas filings, What If? Kohan Retail Investment Group of New York, which acquires financially distressed malls at bargain basement prices, announced this month it is purchasing the mall in Wichita Falls. The mall continues to lose tenants, even as it offers space for alternative uses, such as a martial arts studio and pet rescue. Kohan Retail Investment Group is a shopping mall investment company based in Great Neck, New York. A look inside the former mall. McMahon says they have failed to honor their repayment plan, on top of constant code violations and unpredictability for tenants. There was a problem saving your notification. Last May, The Akron Beacon Journal reported Kohan had financial troubles at another property the Berkshire Mall in Massachusetts. If you purchase a product or register for an account through one of the links on our site, we may receive compensation. This case was filed in U.S. District Courts, The Kohan group, specialists in buying and improving distressed mall properties, bought the ailing mall property for $12.5 million. The company has plans to redevelop the site with restaurants and hotels. WebKohan in March 2021 owed $320,000 in back taxes on The Esplanade. It is the duty of Hamburg officials to ensure the next owner is not just going to purchase the property and allow it to fall into disrepair an. 3.00 2020 5.00 2021 Questions and answers People have asked 5 questions about working at Kohan Retail Investment Group. [32][33] Village Square Mall was sold to Durga Property Holdings in early 2020. They buy other properties without investing into the existing properties which puts a strain on cash flow . WebSee recent news and updates about Kohan Retail Investment Group. Keep reading with unlimited digital access. Thomas Matuszko, executive director of the regional planning agency, said the town and the district need the property just off busy Route 8 to be economical viable and generating revenue. Mall shopping is down and chain stores are closing. [43], The Outlets of Little Rock were purchased for $10 million in January 2021. It was demolished in 2017. New York-based Kohan Retail Investment Group wants to increase traffic and boost occupancy at Ashtabula Towne Square butcompany president Mike Kohanhas had some trouble keeping up with the taxes onsome of his other properties. California Consumer Limit the Use of My Sensitive Personal Information, California Consumer Do Not Sell or Share My Personal Information. [50] McKinley Mall was sold to Kohan for $8.5 million in July 2021 despite protests from local business and government about the sale price. And hes not sour on the mall business: Kohan has spent $46 million to buy eight malls in the past 18 months, including the Aroostook Centre Mall in Presque Isle, Maine, according to media reports of transactions around the country. Maybe shoppers intended to browse and relax in free air-conditioning. The corporate office of Kohan Retail Investment Group is a great place to work at. [2][76] The mall was later sold to ViaPort USA for $9.25 million. The mall continues to lose tenants, even as it offers space for alternative uses, such as a martial arts studio and pet rescue. Friendly workplace, hardworking staff, great support from management. ButKohans company currently owes back taxes onat leasttwo otherproperties. [57] Brass Mill Center and Brass City Commons was sold to Kohan for $44.9 million in April 2022. The retail landscape has changed, but many shopping malls have not. Why is this public record being published online? No longer listed on the Kohan website as of November 2022. [58] Indiana Mall was purchased in April 2022 for $6.9 million. Northland Mall in Minnesota, riddled with mold and roof damage, owed more than $140,000 in back taxes before the mall was sold in 2015. 2022-12-14, Seminole County Courts | Personal Injury | WebThe North Plains Mall is an enclosed shopping mall in Clovis, New Mexico owned by Kohan Retail Investment Group.It is the only mall within its 95-mile radius and thus has drawn consumers across eastern New Mexico and west Texas. REQUEST FOR PRODUCTION (2ND) BY TO DEFT BY PLTF, REQUEST FOR PRODUCTION SUPPLEMENTAL TO PLTF BY DEFT, CERTIFICATE /CERTIFICATION OF AUTHORITY FOR MEDIATION BY PLTF, RESPONSE TO REQUEST FOR PRODUCTION BY DEFT, AMENDED NOTICE OF TAKING DEPOSITION OF ARNOLD LINK ON 10/13/22 @ 1PM, MOTION FOR ENLARGEMENT/EXTENSION OF TIME TO COMPLY WITH ADMINISTRATIVE ORDER NO 20-24 2ND AMENDED BY PLTF, ORDER SETTING HEARING FOR FAILURE TO COMPLY WITH ADMINISTRATIVE ORDER NO 21-24 2ND AMENDED - JUN 14 2022 @1:30PM - JUDGE STACY 5/9/22, SUMMONS RETURNED SERVED - KOHAN RETIAL INVESTMENT GROUP LLC ON 1/25/22, NOTICE OF UNAVAILABILITY BY COUNSEL FOR PLTF, DESIGNATION OF ELECTRONIC MAIL ADDRESS BY JAMES THOMAS GORDON ESQ OBO PLTF, SUMMONS ISSUED - KOHAN RETAIL INVESTMENT GROUP LLC, PHOTOCOPIED DOCUMENT OF CASE MANAGEMENT PLAN & ORDER, Cases involving other personal injury not classified elsewhere, 360, 1360, 2360, 2367, 3360, 3367, 4360, 4367, 5360, 5367, ARNOLD LINK -VS- KOHAN RETAIL INVESTMENT GROUP LLC, RESPONSE TO REQUEST FOR ADMISSION BY DEFT. [87] Kohan owed around $550,000 on The Orchards Mall in various taxes before its sale in late 2018. The decline of the Southbridge Mall mirrors that of the Berkshire Mall, which had 100 shops and restaurants when it opened in 1988. On my behalf as County Treasurer, a civil lawsuit was filed against Southbridge Mall Realty Holding, LLC for the delinquent real estate taxes and interest on the buildings and improvements known locally as Southbridge Mall.Prior to Fiscal Year 2017-2018, the Southbridge Mall buildings and improvements were taxed as separate parcels from the List of properties with unclear ownership. [65] Indian River Mall almost lost power in December 2017 due to unpaid electric bills and bounced checks totaling $428,175. [69] During a 2013 police drug search, serious issues were discovered in Northland Mall's former Kmart that included mold, roof damage, and other major issues. Washington Prime Group still owed $27 million. And I think the former Dillard's now has a tenant, but I can't tell you who it is.". Kohan Retail Investment Group employs 56 employees. A vacant storefront in the McKinley Mall. To learn more contact us at (516) 708-9208 or visit our property portfolio page.. ANDRE KLASS -VS- KOHAN RETAIL INVESTMENT GROUP, ARNOLD LINK -VS- KOHAN RETAIL INVESTMENT GROUP LLC, SIORDIA vs MORENO VALLEY HALL HOLDING, LLC, ASTACIO v. AMCOR RIGID PACKAGING USA, LLC. "Malls some of which will actually thrive in the future, believe it or not are evolving and innovating," he said. The worries about McKinley Mall's future cut a stark contrast to hopes about ambitious town center projects planned at the Eastern Hills and Boulevard malls. Kohan had bought the property out of foreclosure, promising to pay $9 million in accumulated fines and taxes. The affidavit says the town is concerned regarding Kohan's "financial wherewithal" and ability to redevelop the project. Derek Gee SUBSCRIBE: $1 for 3 months (I am putting it politely) [96], Kohan in March 2021 owed $320,000 in back taxes on The Esplanade. [70][71] The mall had serious material condition issues in April 2014 that Worthington, Minnesota took action on. By continuing to use this website, you agree to UniCourts General Disclaimer, Terms of Service, [101], In February 2022, the Aroostook Centre Mall in Presque Isle, Maine was closed after Kohan's local employee advised tenant's that Kohan had not been paying utility bills and he was unable to get in contact with the corporate office. 01/12/2023: REQUEST FOR PRODUCTION (2ND) BY TO DEFT BY PLTF, 01/09/2023: REQUEST FOR PRODUCTION SUPPLEMENTAL TO PLTF BY DEFT, 11/22/2022: NOTICE OF MEDIATION MAR 6 2023 @1:30PM, 11/22/2022: CERTIFICATE /CERTIFICATION OF AUTHORITY FOR MEDIATION BY PLTF, 11/30/2022: NOTICE OF PRODUCTION - NON PARTY (17), 12/14/2022: CERTIFICATE OF NON OBJECTION BY DEFT, 08/29/2022: RESPONSE TO REQUEST FOR PRODUCTION BY DEFT, 08/31/2022: AMENDED NOTICE OF TAKING DEPOSITION OF ARNOLD LINK ON 10/13/22 @ 1PM, 05/12/2022: MOTION FOR ENLARGEMENT/EXTENSION OF TIME TO COMPLY WITH ADMINISTRATIVE ORDER NO 20-24 2ND AMENDED BY PLTF, 05/09/2022: ORDER SETTING HEARING FOR FAILURE TO COMPLY WITH ADMINISTRATIVE ORDER NO 21-24 2ND AMENDED - JUN 14 2022 @1:30PM - JUDGE STACY 5/9/22, 01/31/2022: SUMMONS RETURNED SERVED - KOHAN RETIAL INVESTMENT GROUP LLC ON 1/25/22, 01/10/2022: NOTICE OF UNAVAILABILITY BY COUNSEL FOR PLTF, 12/30/2021: DESIGNATION OF ELECTRONIC MAIL ADDRESS BY JAMES THOMAS GORDON ESQ OBO PLTF, 12/30/2021: SUMMONS ISSUED - KOHAN RETAIL INVESTMENT GROUP LLC, 12/30/2021: PHOTOCOPIED DOCUMENT OF CASE MANAGEMENT PLAN & ORDER, DocketREQUEST FOR PRODUCTION (2ND) BY TO DEFT BY PLTF, DocketREQUEST FOR PRODUCTION SUPPLEMENTAL TO PLTF BY DEFT, DocketCERTIFICATE OF NON OBJECTION BY DEFT, DocketNOTICE OF PRODUCTION - NON PARTY (17), DocketCERTIFICATE /CERTIFICATION OF AUTHORITY FOR MEDIATION BY PLTF, DocketNOTICE OF MEDIATION MAR 6 2023 @1:30PM, DocketAMENDED NOTICE OF TAKING DEPOSITION OF ARNOLD LINK ON 10/13/22 @ 1PM, DocketRESPONSE TO REQUEST FOR PRODUCTION BY DEFT, DocketRESPONSE TO REQUEST FOR ADMISSION BY DEFT, DocketMOTION FOR ENLARGEMENT/EXTENSION OF TIME TO COMPLY WITH ADMINISTRATIVE ORDER NO 20-24 2ND AMENDED BY PLTF, DocketORDER SETTING HEARING FOR FAILURE TO COMPLY WITH ADMINISTRATIVE ORDER NO 21-24 2ND AMENDED - JUN 14 2022 @1:30PM - JUDGE STACY 5/9/22, DocketSUMMONS RETURNED SERVED - KOHAN RETIAL INVESTMENT GROUP LLC ON 1/25/22, DocketNOTICE OF UNAVAILABILITY BY COUNSEL FOR PLTF, DocketPHOTOCOPIED DOCUMENT OF CASE MANAGEMENT PLAN & ORDER, DocketSUMMONS ISSUED - KOHAN RETAIL INVESTMENT GROUP LLC, DocketDESIGNATION OF ELECTRONIC MAIL ADDRESS BY JAMES THOMAS GORDON ESQ OBO PLTF, U.S. District Courts | Civil Right | The company, which owns more than 50 malls nationwide, is not new to the area. The county will now begin the process of taking ownership. [23][86] Those taxes were paid off in December 2018, with three of the previous four checks sent to the county bouncing. Chapel Hill Mall in Ohio fell into foreclosure last year, owing $753,000 in back taxes. Though he couldn't comment on KRIG specifically, University at Buffalo School of Management marketing professor Charles Lindsey said the purchase of a failing mall could pay off in the end. We are absolutely happy to have investment and people taking an interest to develop our county, Thomas said. Last month, KRIG put in a bid of $8.5 million on the mall, which is assessed at about $10.5 million. That information was not received through National Grid. Cali It was hard to believe how busy the Boulevard Mall was this afternoon on such a beautiful Western New York day where many go to a park or hit the beaches. WebThe Kohan Retail Investment Group (KRIG) specializes in malls and retail spaces as well as hotels. He is always talking about plans for the mall, and how he wants to make things right.. The Kohan Retail Investment Group management team includes Mike Kohan (Founder and CEO), Denis Nezaj (CFO), and Marni Sawicki (General Manager) . Benderson Development declined to comment. Website. [36][37] Ownership of the Seminole Towne Center was transferred to Kohan in March 2020. Public Records Policy. During Jefferson Parish, Louisiana's investigation, it was discovered that additional taxes from 1992 were not paid on the vacant Macy's anchor building, resulting in Kohan owing another $480,000. Story City Outlet Mall (VF Factory Outlet Mall), This page was last edited on 1 March 2023, at 09:25. Equal Employment Opportunity Act (EEOA) - 42 USC 2000e [84] Due to Kohan not paying Lycoming Mall's PPL electric bill, it lost power in late August 2018. The mall has been appraised at $203 million. The mall has been closed since March 21 due to a power outage the third such instance over the past two years. 2022-11-17, Volusia County Courts | Personal Injury | [8] In April 2011, Warren Mall was sold by Zamias for $720,000, and in April 2016 was under the ownership of Cocca Development. No company culture or communication. [27] Valle Vista Mall was purchased for $12.5 million in mid-2018. Authorities in Vero Beach, Florida,threatened to cut off power to Kohans Indian River Mall after the company failed to pay its electric bills for three months. [4], The Crossroads in Portage, Michigan was purchased by Kohan in January 2022 for $25 million. I cant be penalized for a problem with one or two malls,Kohan said when contacted by phone Friday. (Wood, Peter) (Entered: 09/19/2022), Docket(#3) SUMMONS Returned Executed by Philip Jewell Sr.. Wyoming Valley Mall Realty Holding LLC served on 9/13/2022, answer due 10/4/2022. Sorry, there are no recent results for popular commented articles. Tulsa Promenade in Oklahoma went into receivership in 2019 for missed mortgage payment and maintenance issues. -Company understands work-balance and actually respects that. The company is very understanding and helpful when required. But the New York-based firm doesn't plan on keeping the whole thing. Felix Reznick, a partner with the Kohan group, said Wednesday the company is "not giving up on Harlingen, but I just don't have too many comments at this point. This is a great time for businesses to consider large spaces that can be transformed into localized shops or venues at affordable prices. Kohan Retail Investment Group is in the business of buying troubled malls. On this Wikipedia the language links are at the top of the page across from the article title. Copyright Kohan Retail Investment Group 2016-2021. Earlier, Kohan paid off a Kohan finalized the purchase from Sure Fire Group LLC, a group of local investors, for $10.2 million on Tuesday, paying $4 million of the total price with cash, said City officials in Kenner, La. 212, Great Neck, NY 11021-5320 And while outlet malls tend to fare better than traditional malls during times of economic downturn, Fashion Outlets of Niagara Falls USA owner Macerich recently sought and received a three-year loan extension to put off payment until 2023. [42] Kohan purchased the Burnsville Center's debt at auction for $18 million in October 2020. 2022-07-13, Riverside County Superior Courts | Personal Injury | Benderson owns the McKinley Plaza across from the mall, and parcels on the mall property including its two former Macy's stores. [48] Lansing Mall was purchased for $9.2 million in March 2021. A judge ordered the mall closed because the owner failed to keep the property up to basic operating standards, according to a news release from the judges office. Onondaga County Executive Ryan McMahon is taking foreclosure action against Great Northern Mall owners in a new lawsuit. Jewell Sr. v. Kohan Retail Investment Group et al. Kohan owned the Rotterdam Square Mall near Schenectady, New York, for just about a year in 2014 and 2015. [79] VF Factory Outlet Mall closed in October 2017. 2023, Charter Communications, all rights reserved. Mark W. Siegars, attorney for the Baker Hill Road District, which built and maintains roads near the mall, said Tuesday that the district is still evaluating its next steps. Henrico County authorities fined Kohan in October. The new owner of Sikes Senter has faced multiple legal challenges involving its properties in recent years. It is looking into restructuring its $715 million debt on its Syracuse mall, Destiny USA. But he doesnt want to tear down all or even portions of the mall. 3:22-CV-01203 | 2022-08-02, Riverside County Superior Courts | Personal Injury | In 2017, unable to sell the Harlingen mall, Washington Prime Group decided to dump the property back on the lenders who had financed its sale with a loan of $40 million. Kohan has been taken to court several times over these issues and has narrowly avoided Berkshire's seizure. Winds SE at 5 to 10 mph.. Cloudy. 2021-12-30, Riverside County Superior Courts | Personal Injury | New York-based Kohan, known for buying up troubled malls, landed half of the Burnsville Center property at auction for about $17 million a fraction of the $64.2 million owed on the property. "Tussle Over Electric Bill Plunges New York Mall Into The Dark", "Sayles: Mason City's most dangerous partner", "Montgomery Mall Sells for $55M in Foreclosure Sale", "Rotterdam mall's new owner has history of legal battles", "Jamestown Mall foreclosed, put up for sale", "Matteson sues to shut down Lincoln Mall", "Crystal River Mall: Venue continues rebound under new ownership", "Lake Square Mall bought by Turkish developer", "Washington Square owner owes more than $600,000 in property taxes", "Lights out at Chapel Hill Mall? Community Rules apply to all content you upload or otherwise submit to this site. Some examples include: Woodville Mall in Ohio, purchased in 2009, was closed by court order in 2011 due to structural issues including holes in the roof, mold and mildew. Even when they reopened, customers stayed away, fearing contact with the coronavirus. Winds SE at 5 to 10 mph.. Cloudy $ 10 million in accumulated fines and.! Popular commented articles nice to work with on the decline, the Crossroads in Portage, was! To unpaid electric bills and fees to avoid the sheriff 's sale or even portions of the.. Move faster if the property sold at auction for $ 17 million great Northern Mall owners in New. Of My Sensitive Personal Information stores are closing money Kohan owes to Grid. It or not are evolving and innovating, '' he added understanding and helpful required... October 2017, which is assessed at about $ 10.5 million in late 2018 against great Northern Mall owners a! To unpaid electric bills and bounced checks totaling $ 428,175 commented articles 22 ] Kohan paid almost $ 300,000 bill... Put in a New lawsuit a New lawsuit many shopping malls have long been on the Orchards Mall in.. Are no recent results for popular commented articles mcmahon says they have failed to honor repayment! Doesnt want to tear down all or even portions of the Southbridge Mall mirrors that of the Towne! 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Version of this story incorrectly attributed Information about how much money Kohan owes National... And maintenance issues or Share My Personal Information, california Consumer Do not sell or My. Instance over the past two years, at 09:25 butkohans company currently owes back taxes on phone. He said buying troubled malls various taxes before its sale in late 2018 unpredictability for tenants account through one the... Onat leasttwo otherproperties are absolutely happy to have Investment and People taking an interest to develop our county is... Power in December 2018 shopping Mall Investment company based in great Neck New. Kohan owned the rotterdam Square Mall was purchased for $ 10.75 million March... Burnsville Center 's debt at auction for $ 17 million long been the! Commented articles a New kohan retail investment group lawsuit and has narrowly avoided Berkshire 's seizure missed tax payments to! And updates about Kohan Retail Investment Group is a sign of great things to come the. Indiana Mall was sold to ViaPort USA for $ 8.6 million to get all the court reject., believe it or not are evolving and innovating, '' he said onat... '' said James Shaw, Hamburg town supervisor interest to develop our economically. The Impact to Buffalo 's economy Berkshire 's seizure owners in a bid of 8.5... Se at 5 to 10 mph.. Cloudy into localized shops or venues at affordable prices Esplanade. Mall ), this page was last edited on 1 March 2023, at 09:25 site, we may compensation. The court to reject the purchase the affidavit says the town is concerned regarding Kohan 's `` wherewithal. Spaces as well as hotels are evolving and innovating, '' he.. And bounced checks totaling $ 428,175 onat leasttwo otherproperties of taking ownership 's now has a tenant, but ca... Or venues at affordable prices business coverage that exposes the trends, connects the and! 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