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Rego Park Mall II
Rego Park Mall May Lose Another Retailer
REGO PARK MALL IIQUEENS COMMUNITY DISTRICT 06
Home Depot has expressed uncertainty about its deal to rent space at Rego Park Center. The news comes just weeks after Circuit City closed its store. Home Depot operates eight stores in Queens, and has suffered losses in the fiscal 2008 quarter and lower sales in 2008 than 2007. Vornado Realty Trust, which owns the shopping center, was unavailable for comment.
Home Depot Walks Away From Rego Park Mall II
REGO PARK MALL IIQUEENS COMMUNITY DISTRICT 06
Home Depot walked away from its lease in the new Rego Park Mall complex that is under construction. The retail chain has experienced 30% drops in profits recently and has withdrawn from several lease deals in response to the current economic crisis.
Rego Park Mall Rises From Former Parking Lot
REGO PARK MALL IIQUEENS COMMUNITY DISTRICT 06
Though Vornado Realty Trust has not issued formal updates on the construction of the new Rego Park Mall project, the building continues to rise next to the Long Island Expressway. Supporters are hopeful that the Mall to bring 2,500 construction jobs and 1,400 new permanent employment positions.
Housing in Mixed-Use Development Adjacent to Rego Park Mall Stalls
REGO PARK MALL IIQUEENS COMMUNITY DISTRICT 06
Community Board 6 was informed by Vornado Realty Trust that work on the housing component of the mixed-use development project near the Rego Park Mall was on hold. Vornado, the developer, confirmed that the commercial space will go up as planned and is likely to be completed this summer. The residential space that was expected above the commercial is temporarily on hold, primarily because of the...
Rego Park Mall Construction Financing Secured
REGO PARK MALL IIQUEENS COMMUNITY DISTRICT 06
Alexander, Inc., owners of the site where Rego Park Mall is slated to be built, secured a $350 million construction loan. Vornado Realty Trust, the managing company of Alenxander’s, will conduct all activities related to the development.
Construction on New Mall Begins
REGO PARK MALL IIQUEENS COMMUNITY DISTRICT 06
Yesterday construction on a new mall in Rego Park, Queens began. The new mall will be home to a Century 21, Kohl’s, and Home Depot. Plans for the mall originally included the City’s first Wal-Mart, but the deal was ended after considerable opposition to the company’s labor policies arose.
Clearing Begun for Rego Park Mall II
REGO PARK MALL IIQUEENS COMMUNITY DISTRICT 06
Crews began preparing the Rego Park site in Queens, for a new development by the Vornado company. Vornado envisions a mixed-use complex with several national retailers and substantial residential space. This plan replaces Vornado’s original intention to use the space for Wal-Mart after locals quickly objected to the mega-retailer’s labor practices.