Traffic update: All southbound lanes reopened on I-81 after accident cleared near Destiny USA
Updated May 15, 2021;
Posted May 15, 2021
All southbound lanes are closed on Interstate 81 near Destiny USA after an accident on Saturday, May 15, 2021. (Courtesy of the Department of Transportation)
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Update 7:40 p.m.: All southbound lanes were reopened Saturday after an accident was cleared on Interstate 81 near Destiny USA, according to the Department of Transportation.
Update 7:20 p.m.: One southbound lane was reopened Saturday after an accident on Interstate 81 near Destiny USA, according to the Department of Transportation.
Original post: Syracuse, N.Y. All southbound lanes were closed Saturday after an accident on Interstate 81 near Destiny USA, according to the Department of Transportation.
N.Y.’s Biggest Mall Borrowed Big and Now Can t Pay Destiny USA, the state’s largest mall, may not generate enough cash to keep running and pay its debts this year. Bloomberg | May 14, 2021
(Bloomberg) A sprawling shopping mall in Syracuse, New York, may be driven into one of the biggest municipal-bond defaults since the onset of the pandemic.
Already struggling before the lockdowns hammered retailers, Destiny USA, the state’s largest mall, said it doesn’t know if it will generate enough cash to keep running and pay its debts this year, raising doubts about whether it can continue as a business. Its owner, Pyramid Management Group, hired restructuring advisers and has sought a meeting with investors who hold about $285 million of municipal bonds that financed the project, according to a filing last month.
Shoppers walk through the Destiny USA mall in Syracuse, New York.
A sprawling shopping mall in Syracuse, New York, may be driven into one of the biggest municipal-bond defaults since the onset of the pandemic.
Already struggling before the lockdowns hammered retailers, Destiny USA, the state’s largest mall, said it doesn’t know if it will generate enough cash to keep running and pay its debts this year, raising doubts about whether it can continue as a business. Its owner, Pyramid Management Group, hired restructuring advisers and has sought a meeting with investors who hold about $285 million of municipal bonds that financed the project, according to a filing last month.
At giant warehouse in Clay and across U.S., Amazon remakes how it ships millions of little things
Today 6:00 AM
The Amazon distribution center under construction in Clay will be one of the largest warehouses in the world when it opens in the fall of 2021.Amazon
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Clay, N.Y. – When plans emerged in 2019 for a mammoth distribution center in Clay, it was revolutionary: a unique 3.8-million-square-foot, five-story structure to handle the booming sales of Amazon.
Over time, Amazon has announced plans for nearly identical buildings in at least 11 other towns across America: Pflugerville, Texas; Detroit; Mount Juliet, Tennessee; and others. New ones are made public almost every month. In just the past few days, Amazon disclosed plans to build similar buildings in Shreveport, Louisiana, and Savannah, Georgia.
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