Oakdale Mall

Oakdale Mall is an enclosed super-regional shopping mall in Johnson City, New York, United States, serving the Binghamton metropolitan area. The mall has a gross leasable area of 963,475 square feet (89,509.8 m2).[1] The Oakdale Mall opened in 1975, by the development company, Interstate Properties. Interstate Properties later acquired Vornado Realty Trust. All Interstate Properties assets became Vornado Properties, including Oakdale Mall. When Vornado exited the shopping center industry, the company sold some locations and spun-off the remaining shopping centers, except for Oakdale Mall.[2] The newly formed spin-off company, Urban Edge, did manage the Oakdale Mall for Vornado from 2015 until the summer of 2019. In June 2019, it was announced that a subsidiary of Rialto Capital Management had placed the mall in foreclosure, and retained Spinoso Real Estate Group as the receiver and mall management company.[3]

Oakdale Mall
LocationJohnson City, New York
Coordinates42°7′41″N 75°58′27″W
Address601-635 Harry L Drive, Johnson City, NY 13790
Opening dateOctober 1, 1975 (1975-10-01)
DeveloperInterstate Properties
ManagementSpinoso Real Estate Group
OwnerRialto Capital Management
No. of stores and services66
No. of anchor tenants5 (2 open, 3 vacant)
Total retail floor area963,475 square feet (89,509.8 m2)
No. of floors1
Public transit accessB.C. Transit
Websiteoakdalemall.com

Its anchor stores are J. C. Penney and Burlington Coat Factory (originally Bradlees). Specialty stores include Hollister, Victoria's Secret, Justice, Zumiez, and F21 Red

In 2015, Sears Holdings spun-off 235 of its properties, including the Sears at Oakdale Mall, into Seritage Growth Properties.[4]

Macy's (originally Kaufmann's, which opened in 2000 on the site of a former Montgomery Ward, which was demolished) closed in April 2017, Sears closed on September 17, 2017, and The Bon-Ton (originally Fowler's) closed on August 29, 2018 due to company bankruptcy.[5] In 2019, Seritage sold the former Sears building to Spark Broome.[6]

References
  1. Oakdale Mall, International Council of Shopping Centers. Accessed December 16, 2007.
  2. "Vornado Announces Completion Urban Properties | VNO Press Release | Vornado Realty Trust". www.vno.com. Retrieved 2019-07-15.
  3. "Oakdale Mall in foreclosure: Overdue payments make future unclear". Pressconnects. Retrieved 2019-07-15.
  4. http://www.seritage.com/retail/property/601-harry-l-dr/3312587/landing
  5. Aaron Smith (April 19, 2018). "Every Bon-Ton department store is closing". CNN. Retrieved April 22, 2018.
  6. Platsky, Jeff. "Oakdale Mall Sears store sale price: $3 million". Pressconnects. Retrieved 2020-05-25.


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