American Dream NJ mall misses deadline for $290M debt payment
American Dreams operators missed an Aug. 1 deadline for a $290 million debt payment.
Source: dailyrecord.com
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Debt service challenges continue for American Dream mall
The New Jersey mall, the nation's second largest, faces an interest payment on Aug. 1 after drawing down a debt service reserve for a payment earlier this year.
East Rutherford New Jersey United States Marc Pfeiffer Public Finance Authority Jersey Economic Development Authority
Source: bondbuyer.com
Editorial: American Dream owes NJ taxpayers. It's time to pay
Triple Five, developers of American Dream, are now years behind on some PILOT payments. Its time the mall pays up to North Jersey municipalities.
Source: njherald.com
American Dream NJ mall misses millions in payments, Meadowlands say
The dispute centers on whether the mall must reach 100% occupancy, an uncertain goal at best in a shaky retail market.
Source: njherald.com
NJ hasn't cleared American Dream mall grant as debt payment looms
The 3.5 million-square-foot megamall has about $820 left in a reserve account, and is scheduled to make a $9.3 million payment by Aug. 1
United States New Jersey Economic Development Authority American Dream Triple Five Virginia Pellerin
Source: crainsnewyork.com
MOA water park a step closer, but economy is a splash of cold water
The St. Paul Port Authority will help finance the $430 million project.
Source: startribune.com
Can Triple Five Keep Its Megamalls Alive?
After a tough pandemic break, the experiential component is starting to pay off for the American Dream megamall. Will it be enough to pay the bills?
Source: wealthmanagement.com
American Dream mall in New Jersey faces new bond woes
The mall's developer was late paying funds used to support $800 million of municipal bonds, requiring a draw on reserves to make an interest payment.
East Rutherford New Jersey United States Marc Pfeiffer Public Finance Authority Bloustein Local Government Research Center At Rutgers
Source: bondbuyer.com
American Dream NJ mall missed payments, East Rutherford mayor says
"The malls definitely in trouble," East Rutherford Mayor Jeffrey Lahullier said in an interview Monday about American Dream in the Meadowlands.
United States Tariq Zehawi Jeffrey Lahullier Daniel Munoz Northjersey Melissa Howard Exchange Commission
Source: njherald.com
American Dream Big SNOW indoor ski slope finally reopens after fire
For owners of the snakebit retail and amusement park in the Meadowlands, its another chance at a fresh start.
Source: northjersey.com