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Local Malls, Stuck in 'Death Spiral,' Plunge in Value - Vimarsana News

Local Malls, Stuck in 'Death Spiral,' Plunge in Value

Crystal Mall in Connecticut, worth $150 million in 2012, recently sold for $9.5 million

Source: wsj.com
In Enfield, Crystal Mall's new owner has raised officials' ire - Vimarsana News

In Enfield, Crystal Mall's new owner has raised officials' ire

Waterford ― Town officials trying to divine Crystal Mall’s fate aren’t likely to be comforted by what their counterparts in the north central Connecticut town of Enfield have been going through with N...

Source: theday.com
Bond Commission approves $5M for The Center for Safe Futures - Vimarsana News

Bond Commission approves $5M for The Center for Safe Futures

Waterford ― Plans to create a family justice center, where “victims come first and professionals come together,” received a major boost Friday when the State Bond Commission approved $5 million for th...

Source: theday.com
Supreme Court denies heart benefits for Waterford firefighter - Vimarsana News

Supreme Court denies heart benefits for Waterford firefighter

Waterford ― The state Supreme Court has ruled against a former Waterford firefighter’s compensation claim for heart and hypertension benefits, saying the firefighter’s initial part-time work did not q...

Source: theday.com
Namdar Realty Group identified as Crystal Mall buyer - Vimarsana News

Namdar Realty Group identified as Crystal Mall buyer

Waterford ― A Long Island real estate investment firm with a history of snapping up struggling shopping malls and then hanging onto them while investing little in upgrades has purchased Crystal Mall f...

Source: theday.com