Three years after the city of Olean recruited his assistance with the Olean Center Mall, Rochester developer Angelo M. Ingrassia unveiled initial plans to redevelop the 355,000-square-foot enclosed shopping center
At its peak, there were more than 25 stores, mostly national and regional retailers.
Credit: Getty Images/iStockphoto Published: 9:43 AM EST January 15, 2021 Updated: 9:43 AM EST January 15, 2021
OLEAN, N.Y. The Olean Center Mall may find new life since the property has been acquired by a Rochester developer with a track record of reviving troubled buildings.
Angelo Ingrassia, through his Olean Town Center LLC affiliate, has bought the Olean Center Mall from Zraj Olean LLC, an affiliate of the Zamias Services Inc. of Johnstown, Pa. The mall is at 400 N. Union St.
According to Cattaraugus County records, Ingrassia s Olean Town Center LLC paid $7.2 million for the 44-year-old mall, the largest retail complex in Cattaraugus County. You can read the full story on Buffalo Business First s website.