At the same time, many tenants have simply stopped paying rent, as countless malls struggle to regain their footing. Namdar declined to comment on the value of the properties his company owns, or his personal wealth, but said the figures Bloomberg is reporting are inaccurate. ; Filed: 12/10/2019; Received: 12/10/2019, DocketNOTICE OF DISCOVERY AND INSPECTION Supplemental Notice of Medical Exchange & Disclosure of Expert Witness; Filed By: Shein, J. When the issue was raised, Namdar painted over the water stains and the problem got worse as mold grew and another leak developed, International Decor Outlet asserted in a 2017 suit. Namdar declined to comment on that net worth estimate when asked by MarketWatch. Its not the first time the shopping center has been in trouble. They primarily purchase shopping malls with partner Mason Asset Management. ; Filed: 01/24/2020; Received: 01/24/2020, NOTICE OF DISCOVERY AND INSPECTION to Second Third-Party Defendant; Filed By: Shein, J. In New York City, malls lost half a year to the pandemic before being permitted to reopen in September. Mark Gabrovsek, the townships zoning officer, said the mall's local management team has worked to bring innovative ideas to the site. Its an economic drain on us because theyre not reinvesting and its a moral drain on the community, watching something that was once a vibrant center for the community falling into disrepair.. 201 : Jury Demanded By: Plaintiff If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. RESPONSE TO DEMAND For Bill of Particulars, RESPONSE TO DEMAND Response to Notice for Discovery & Inspection (of Northeastern Flooring & Construction, Inc.), NOTICE OF DISCOVERY AND INSPECTION to Second Third-Party Defendant, DEMAND FOR: Supplemental Demand fro Authorizations, DEMAND FOR: Further Demand for Authorizations, NOTICE OF DISCOVERY AND INSPECTION Supplemental Notice of Medical Exchange & Disclosure of Expert Witness, NOTICE OF DISCOVERY AND INSPECTION Notice of Medical Exchange & Disclosure of Expert Witness, STATEMENT OF AUTHORIZATION FOR ELECTRONIC FILING, NOTICE OF DEPOSITION UPON ORAL EXAMINATION, Cases involving other personal injury not classified elsewhere, 360, 1360, 2360, 2367, 3360, 3367, 4360, 4367, 5360, 5367, Joanne Mistrulli - v. - Namdar Realty Group LLC et al, ADJOURNMENT OF CONFERENCE -REQUEST Request for Adjournment of July 30, 2019 Conference on Consent of All Parties; Filed By: Durante, K.; Filed: 07/29/2019; Received: 07/29/2019, DEMAND FOR: Retainer Statement; Filed By: Shein, J. - filed by Law Offices of Jeffrey S. Shein & Associates, P.C. Several market experts pointed to Nadmar and Nassim as among the sectors biggest cash mall buyers. On August 27, 2018, Alexander S. Rusek filed an appearance as counsel for Holiday Park Realty and Igal Namdar and noted that Igal Namdar does not do business as "Igal Namdar d/b/a Namdar Realty Group." Rusek filed a motion to set aside the default judgment and the circuit court agreed that it lacked personal jurisdiction over Igal Namdar. As Namdar rushes to acquire more properties, some worry that the ones it owns are being left behind. So far, that strategy has netted big gains as well as lawsuits accusing Namdar of allowing his real estate to slide into disrepair. [2][5] Voorhees Town Center was having maintenance and security issues the same year. NOTICE OF WITHDRAWAL OF MOTION / ORDER TO SHOW CAUSE, AFFIDAVIT OR AFFIRMATION IN OPPOSITION TO ORDER TO SHOW CAUSE, RJI -RE: REQUEST FOR PRELIMINARY CONFERENCE, Cases involving other agreements or torts not classified elsewhere, 190, 1190, 2190, 3190, 4190, 4194, 5190, 5196, World Properties LLC et al - v. - Namdar Realty Group LLC, NOTICE OF WITHDRAWAL OF MOTION / ORDER TO SHOW CAUSE (Motion #3) Notice of withdrawal of Order to Show Cause without prejudice; Filed By: Gomberg, T.; Filed: 03/27/2019; Received: 03/27/2019, NOTICE OF WITHDRAWAL OF MOTION / ORDER TO SHOW CAUSE (Motion #002) Notice of withdrawal of motion without prejudice; Filed By: Gomberg, T.; Filed: 03/27/2019; Received: 03/27/2019, EXHIBIT(S) - D (Motion #3) Complaint; Filed By: Schimek, M.; Filed: 02/26/2019; Received: 02/26/2019, EXHIBIT(S) - C (Motion #3) 190124 Letter; Filed By: Schimek, M.; Filed: 02/26/2019; Received: 02/26/2019, EXHIBIT(S) - B (Motion #3) 190103 Letter; Filed By: Schimek, M.; Filed: 02/26/2019; Received: 02/26/2019, EXHIBIT(S) - A (Motion #3) 181205 Letter; Filed By: Schimek, M.; Filed: 02/26/2019; Received: 02/26/2019, AFFIDAVIT OR AFFIRMATION IN REPLY (Motion #3); Filed By: Schimek, M.; Filed: 02/26/2019; Received: 02/26/2019, AFFIDAVIT OR AFFIRMATION IN OPPOSITION TO ORDER TO SHOW CAUSE (Motion #3) Affirmation in Opposition to Proposed Intervenor's OSC; Filed By: Hirschel, D.; Filed: 02/20/2019; Received: 02/20/2019, EXHIBIT(S) - E (Motion #3) Medical Record Redacted per 22 NYCRR 202.5(e); Filed By: Gomberg, T.; Filed: 01/24/2019; Received: 01/24/2019, EXHIBIT(S) - D (Motion #3) Mold Intrusion Report; Filed By: Gomberg, T.; Filed: 01/24/2019; Received: 01/24/2019, NOTE OF ISSUE:WITH JURY *Corrected* Note of Issue (with Jury); Filed By: Hirschel, D.; Filed: 08/30/2018; Received: 09/03/2018, STIPULATION - SO ORDERED; Filed By: Court User; Filed: 06/12/2018; Received: 06/12/2018, ORDER - CERTIFICATION; Filed By: Court User; Filed: 06/11/2018; Received: 06/11/2018, NOTICE OF DISCOVERY AND INSPECTION Notice of Discovery and Inspection; Filed By: Hirschel, D.; Filed: 09/29/2017; Received: 09/29/2017, ORDER - PRELIMINARY CONFERENCE; Filed By: Court User; Filed: 09/21/2017; Received: 09/21/2017, ADDENDUM - GENERAL (840A); Filed By: Hirschel, D.; Filed: 07/26/2017; Received: 07/26/2017, RJI -RE: REQUEST FOR PRELIMINARY CONFERENCE; Filed By: Hirschel, D.; Filed: 07/26/2017; Received: 07/26/2017, PRELIMINARY CONFERENCE REQUEST Request for Preliminary Conference; Filed By: Hirschel, D.; Filed: 07/26/2017; Received: 07/26/2017, ANSWER; Filed By: Emouna, M.; Filed: 07/26/2017; Received: 07/26/2017, SUMMONS + COMPLAINT Summons and Complaint; Filed By: Hirschel, D.; Filed: 05/04/2017; Received: 05/04/2017. and others, come up for renewal. Namdar and Mason have averaged 20 acquisitions annually over the past decade, but could swallow 100 at a time if the right deal came along, Namdar said, declining to provide details on how much money they plan to spend. Namdar Realty Group is an American shopping mall investment company based in Great Neck, New York. Melrose set to keep tight grip on GKN spin-off,The demerger will be the latest move by Melrose after it snapped up engineering giant GKN for 8.1billion in a viciously fought takeover in 2018. No one doubts the best U.S. malls will survive and even thrive once the pandemic carnage plays out, said Daniel McNamara, a principal at MP Securitized Credit Partners. ; Filed: 03/23/2018; Received: 03/23/2018. Others will be demolished by their owners. Namdar Realty Group is a privately held investment and management firm owned by Igal Namdar. namdar realty inc. Namdar Realty Group Global Presence. Find company research, competitor information, contact details & financial data for Namdar Realty Group LLC of Great Neck, NY. UniCourt uses cookies to improve your online experience, for more information please see our Privacy Policy. He scoops up struggling centres at bargain-basement prices after their landlords lose faith, betting he can turn a profit before the last tenants turn out the lights. Among recent mall deals was the US$10.3-million purchase in April of Marketplace at Brown Deer outside Milwaukee, valued at US$45 million in 2005, according to loan documents and an announcement by the seller, Retail Value. They primarily purchase troubled shopping malls with partner Mason Asset Management. Namdar and Empire bought the 13-story, 64-year-old 830 Third Ave. office building for $72M this month after acquiring 345 Seventh Ave., which is 24 stories high and more than 90 years old, for . Because many properties remain in limbo, the worst of the crisis for mall mortgage bond investors likely has yet to come. Namdar Group has secured $195 million in financing for the land acquisition and the construction of Namdar Towers, a development located in downtown Miami. During the pandemic, there have been less deals out there, Namdar said, adding that most lenders have been working with their borrowers, but also that many have been unwilling to take a big write off yet.. The lawsuit contends that the mall should have sold for about $5 million one-fifth of what the company paid. In Los Angeles, malls got the green light that October after reopening and closing again in mid-July. Their joint operation began when Igal started buying small retail locations in Great Neck using money from his familys jewelry business; Nassim took up the leasing. +1.03%, Indeed, Mason Asset Management and Namdar Realty operate several in Michigan, including Flint, Jackson, Muskegon, Saginaw and West Branch. If you do not agree with these terms, then do not use our website and/or services. Location: People at location: North America: 187: - filed by Law Offices of Jeffrey S. Shein & Associates, P.C. and Kimco Realty Corp. But there have been new openings as well. The two talk every day, brainstorming their next moves, and see each other on weekends. Last year, Namdar and Mason paid US$12 million to buy cinema chain Goodrich Quality Theaters Inc. out of bankruptcy. We still believe in [brick and mortar] retail, and we think theres a place for it, said Igal Namdar, Namdars president. It owns more than 200 retail properties across the country, although the Acadiana Mall marks its first Louisiana property. The case status is Pending - Other Pending. Over time, you do become what youre perceived, Cushman and Wakefield Vice Chair Mark Gilbert said of Namdar in a 2018 interview with Reuters. Trash cans placed in walkways to catch water in a nearly empty wing of Regency Square in 2019. Thats a question worth considering, said Kay, who argued that there isnt an obligation to revitalize every retail property., What is the alternative for consumers? he added. 2023 Financial Post, a division of Postmedia Network Inc. All rights reserved. From New York, NAMDAR is trying to control how a local business (Coltons Social House) in Clovis CA is operating a restaurant. Headquartered in NY and family-owned and operated, Namdar is dedicated to the development of large-scale transit . The center was 90 percent leased at . . And the best part of all, documents in their CrowdSourced Library are FREE. At the now-shuttered Phillipsburg Mall in New Jersey, following a heavy rain in 2018, the roof of a vacant Sears collapsed, bringing a water pipe down with it, according to police reports. Namdar Realty Group is a privately held, commercial real estate investment firm, owning and managing over 57 million square feet of commercial real estate throughout the United States. Create an account or sign in to continue with your reading experience. Namdars spokesperson blamed hastily completed contracting work that Sears had commissioned a number of years back, before the retailer shut its doors. Representatives of the new owner of the Westfield Trumbull mall are set to meet in an effort to discuss both sides' respective visions for the shopping center. Dozens of retailers have filed for Chapter 11 in the past year, including mall staples such as J.C. Penney and Ascena Retail Group. We brought them here on several occasions and went over things, and it was pretty obvious from the onset that they really didnt have any vision for anything we were looking to do. - filed by Law Offices of Jeffrey S. Shein & Associates, P.C. Namdar and the subsidiaries said they would fix the air conditioning and leaking problems, but allegedly never did so. Through extensive interviews with Namdar and Mason executives and examination of public filings and lawsuits, The Real Deal took a closer look at the two firms and their strategy at a time when many malls are in turmoil. the proactive techniques for administration professionals by using a service quality lens to address administration and management concepts in all areas of the criminal Like dozens of other traditional malls, the Acadiana Mall has seen its share of struggles in recent years. Igal Namdar has built an empire of 268 properties in 35 U.S. states most prominently aging malls in small cities. It would have required a substantial investment, and I think their model is the opposite of that.. Namdar Group is adding 26 Van Reipen Avenue and 626 Newark Avenue to a pipeline that includes a 20-story rental at 26 Cottage Street, and a combined six new towers designed by C3D Architecture. - filed by Law Offices of Jeffrey S. Shein & Associates, P.C. +1.17% the Gap Inc The overflowing dumpster has become a public nuisance, according to a letter from the city to Namdar last September. One centre, the Eastdale Mall in Montgomery, Ala., is now 100-per-cent leased, up from 70 per cent when it was purchased in January 2020 for US$24 million. Email tips@jerseydigs.com. RELATED:Court records show Acadiana Mall sought thousands from former tenants. Properties that are marked for redevelopment are few and far between, so we maintain our assets.. Nassim brought in the national tenants and managed to fill spaces that brokers couldnt, Igal said. - filed by Law Offices of Jeffrey S. Shein & Associates, P.C. [20][21], Mall properties owned or managed by Namdar Realty Group as of 2021 include:[22] (This list is incomplete), "Who is the 'investor group' trying to save Bon-Ton from liquidation? With 86 million square feet across more than 400 properties combined, they now stack up against some of the industrys biggest players. They also invested in the furniture chain formerly known as Jennifer Convertibles. The Green Street Commercial Property Price Index has mall values down 18% since before the pandemic. If youre buying to harvest cash and not reinvest, it will work.. He said he sees value in the properties as malls, where other investors in the market are more interested in redeveloping them for other uses. Namdar Realty Group and Gorjian Acquisitions have taken a roughly 50% equity stake in the borough's Fordham Landing megaproject, according to Dynamic Star. West Village Apartment Building Sells for $23.5 Million Witnick, Namdar, Gorjian buy 30 East 14th Street for $23.5M West Village apartment building was at the center of two lawsuits New York. The Westfield Trumbull mall, in Trumbull, Conn. May 21, 2021. Uncover why Namdar Realty Group is the best company for you. But the malls owner, Namdar Realty Group, did not disclose any of that to its tenants, a handful of retailers alleged. And we are out there looking all the time for opportunities to purchase better assets than when we first started, Namdar told MarketWatch. This case was filed in Suffolk County Courts, Supreme Court located in Washington, New York. In building an empire of 268 properties in 35 U.S. states most prominently aging malls in small cities Namdar has accumulated a personal net worth of about US$2 billion, according to the Bloomberg Billionaires Index. ; Filed: 12/11/2019; Received: 12/11/2019, DEMAND FOR: Further Demand for Authorizations; Filed By: Shein, J. In another part of the mall, the leaky roof allegedly made it impossible for a tenant to move in. Instead of U.S. stockholders and quarterly reports, the team keeps things simple: Namdar focuses on management side of the properties. But in the meantime, according to retail strategist Marshall Kay, malls serve a purpose for the communities that theyre in, regardless of the backlash they may face over their condition. Most of the [malls] are built in prime locations, Igal said. Some of the biggest landlords, including Simon Property Group Inc. and Brookfield Asset Management Inc., have walked away from centres where values slumped below the propertys debt. By comparison, Macerich owns 51 million square feet across 47 malls, and Simon Property Group owns 186 million square feet across 250 properties. They have been gobbling up properties even as the market for malls shrinks and other owners and operators pull back. The development has an estimated cost of . Namdar purchased the mall portion of theVoorhees Town Center there after the township put together a package of ideas to transform the mall into more of an entertainment hub. Lately, the team has been moving up in quality. Namdar Realty Group corporate office is located in 150 Great Neck Rd Ste 304, Great Neck, New York, 11021, United States and has 203 employees. [1][20] Due to a fee issue, the attempt failed, and Bon-Ton liquidated. ; Filed: 02/20/2018; Received: 02/20/2018, DEMAND FOR: Combined Demands; Filed By: Shein, J. Read More. +1.61% Roughly $3 billion shopping mall loans in commercial mortgage bond deals have been identified as at-risk of being handed back to lenders, according to research firm and data tracker Trepp.I think some mall owners will muddle through with the help of loan modifications and maybe some peripheral debt forgiveness, saidManusClancy, senior managing director and head of research at Trepp. The former Sears space remains empty. Sears closed in 2017 as the company shuttered hundreds of stores amid low sales. This case was filed in Nassau County Courts, Supreme Court located in Washington, New York. Gated Community of The Moors in Miami Lakes. Richard Pelzer II. Since 2000, the company has invested in over 2,000,000 square feet in commercial real estate in. LONG ISLAND'S FINEST LANDSCAPING AND CONSTRUCTION CORP. JEFFREY S SHEIN (0218-3640-RLI) FRANK A. POLACCO, RESPONSE TO DEMAND For Bill of Particulars; Filed By: Mccarthy, B.; Filed: 03/03/2020; Received: 03/03/2020, RESPONSE TO DEMAND Response to Notice for Discovery & Inspection (of Northeastern Flooring & Construction, Inc.); Filed By: Shein, J. And then theres reality, said Alexander Goldfarb, managing director senior and REIT analyst for Piper Sandler, who declined to comment on Namdar in particular. Law360; Law360 UK . Many once online-only retailers are moving into the suburban mall, finding value in the traditional store but offering experiences tailored to their customers. - filed by Law Offices of Jeffrey S. Shein & Associates, P.C. Mason was founded more than 10 years later, as the country was coming out of the Great Recession. MarketWatch photo illustration/iStockphoto, 35% of U.S. shopping malls to shut permanently, Brookfield to hand back keys to three malls, potentially more, as it goes private in $6.5 billion deal, Green Street Commercial Property Price Index, The U.S. housing market is crumbling under the weight of higher mortgage rates and rock-bottom affordability: Prices fell the most in these U.S. states, Am I crazy? After my mother died, my cousin took her designer purse, and my aunt took 8 paintings from her home then things really escalated. ; Filed: 02/20/2018; Received: 02/20/2018, DocketSTATEMENT OF AUTHORIZATION FOR ELECTRONIC FILING; Filed By: Shein, J. - filed by Law Offices of Jeffrey S. Shein & Associates, P.C. A peek into the mysterious, 'reluctant' head of Canada's richest family, Jeff Bezos just lost $13.5-billion thanks to Amazon's disappointing earnings, Who's Pan Dong? Mehdi Bolour faces 25 criminal charges over illegally rented Hollywood building. Compare pay for popular roles and read about the team's work-life balance. ; Filed: 10/01/2019; Received: 10/01/2019, NOTICE OF DISCOVERY AND INSPECTION; Filed By: Shein, J. They primarily purchase troubled shopping malls with partner Mason Asset Management. That comes on top of complaints against Namdar and its sister company, Mason Asset Management, from local officials and residents in several regions. Other alleged problems at the Regency, according to the lawsuit, included insects in the common areas and a reduction in the number and hours of security personnel at the site. The three anchor stores remain Macy's, Dillard's and JCPenney. According to a June 2018 Reuters story, Namdar has emerged as one of the nations top 20 mall landlordsthrough an aggressive strategy that focuses largely on malls that have struggled with slowing sales and foot traffic. [15] Namdar and Mason purchased most of the bankrupt Goodrich Quality Theaters chain in July 2020. Namdar Realty Group LLC and Mason Asset Management Inc., frequent partners in real estate acquisitions, are behind the purchase, along with CH Capital Group. If you do not agree with these terms, then do not use our website and/or services. Filed: February 21, 2023. Case Summary. Sometimes, the ownership is in conjunction with Mason Asset Management and subsidiaries. Buyer Lawsuit. Regional malls watched same-store net operating income plunge on average by minus 26.1% in the first quarter from a year ago, according to Morgan Stanley. - filed by Law Offices of Jeffrey S. Shein & Associates, P.C. Landlords that own lower-end malls with high proportions of tenants that have fallen behind on rents or shuttered stores have been hit especially hard. Bloomberg News recently reported on legal issues stemming from the bottom feeder strategy, while pegging Namdars personal net worth at roughly $2 billion. Ypsilanti Township is suing New York-based Namdar Realty over 1,000 pages worth of code violations found during an inspection at the property just days before Namdar purchased it in December.. Any seller of retail malls or open air any size of portfolio, were there, Namdar, 51, said in an interview from his headquarters in Great Neck, N.Y. We can close immediately, as is, where it is, with no due diligence., Any seller of retail malls or open air any size of portfolio, we're there. An REO property is one where a property is owned by a lenderbecause it failed to sell in a foreclosure auction after the borrower defaulted on the mortgage. ; Filed: 12/11/2019; Received: 12/11/2019, DocketDEMAND FOR: Further Demand for Authorizations; Filed By: Shein, J. ; Filed: 01/24/2020; Received: 01/24/2020, DocketNOTICE OF DISCOVERY AND INSPECTION to Second Third-Party Defendant; Filed By: Shein, J. Namdar Realty Group is based in Great Neck, New York. . But what really sets them apart is a steady stream of all-cash offers to sellers who want out. Some may die a slow death as stores are shuttered one by one. NLRB National Labor Relations Board. Namdar officials, both at the company's headquarters and in Connecticut have not responded to interview requests made by Hearst Connecticut Media. articles a month for anyone to read, even non-subscribers! You go in and you dont know much, he noted. Some of the properties are owned by one and managed by the other, and some are owned by both. By continuing to use this website, you agree to UniCourts General Disclaimer, Terms of Service, Photographer: Max Marbut/Jacksonville Daily Record. There were factors that led to this, such as not having the rent to pay, he said. Morgan Stanleys retail team of analysts forecast last October that the pandemic could force 35% of U.S. shopping malls to shut permanently. Soon after the sale closed, tenants allegedly began to flee. Last year, Namdar bought 12 more and Mason added eight. U.S. mall values have plunged 46 per cent from their 2017 peak, including an 18 per cent drop since the COVID-19 pandemic started, according to real estate information service Green Street. ; Filed: 12/10/2019; Received: 12/10/2019, NOTICE OF DISCOVERY AND INSPECTION Supplemental Notice of Medical Exchange & Disclosure of Expert Witness; Filed By: Shein, J. ; Filed: 02/20/2018; Received: 02/20/2018, DEMAND FOR BILL OF PARTICULARS; Filed By: Shein, J. The canopy is peeling off the building, and its signage has fallen. Namdar closes fast as is, where it is, with no due diligence, Tenants and buyers have sued, saying centers are in disrepair. A local mall representative could not comment on Namdars plans. Hope Baptist Church and Midwest Clearance Centers filed separate lawsuits in St. Louis County Circuit Court against Namdar Realty Group and St. Louis Retail Outlet LLC, an entity affiliated. So far, that strategy has netted big gains -- as well as lawsuits accusing Namdar of allowing his real estate to slide into disrepair. [5] Jennifer Furniture was purchased in June 2020 by John Garg and Namdar. Searching articles in Namdar Realty Group Llc x Sign In | | | Close. Namdar Realty Group Reviews Updated Jan 27, 2023 Find Reviews Clear All Full-time, Part-time English Filter Found 25 of over 26 reviews Sort Popular Popular COVID-19 Related Highest Rating Lowest Rating Most Recent Oldest First 2.4 28 % Recommend to a Friend 12 % Approve of CEO Igal Namdar 9 Ratings There are no pros to display at this time. If Namdar wasnt the owner of these properties, would it mean that certain areas would be underserved? Others will be handed back to lenders through an uncontested or confrontational foreclosure process.. The price was more than half the US$13 million Namdar paid for the entire mall, which names 46 other tenants on its website. - filed by Law Offices of Jeffrey S. Shein & Associates, P.C. Namdar, through Namco Realty Ltd, also a few years ago raised millions in Israel by selling bonds tied to his properties. Namdars spokesperson said the company has worked diligently to repair the storm drain and any remaining issues surrounding the collapse. -1.26%, They primarily purchase shopping malls with partner Mason Asset Management. He expects a flurry of deals in 2022 as more owners of troubled retail properties head for the exits. If the ultimate goal is to redevelop the property, criticism can occur. In October 2019, Dollar General received an order to evacuate: The fire alarm system was out of service and needed to be replaced. Namdar and Mason, which co-owns and co-manages the Regency Mall and others, declined to comment on specific lawsuits but denied the accusations. Cancellation and Refund Policy, Privacy Policy, and A sinkhole at the Northland Mall in Sterling, Illinois. Companies that have increased sales while improving profit margins include Salesforce and Amazon. Namdar Group has submitted an application for the 35 Cottage Street property to Jersey City's planning board, but a hearing date for the proposal has yet to emerge. The deed was recorded Dec. 30 at the Washington County Courthouse in Fayetteville. Namdar Realty Group owns eight malls in Illinois, including the Ford City Mall in Chicago, according to its website. Finally, one place to get all the court documents we need. RELATED:Police arrest suspect in Christmas Eve mall shooting. 2020-02-15 14:18 Iranian banks' foreign assets up over 17% SPG, Thats what these ETF managers are aiming for with an AI-aided strategy. - filed by Law Offices of Jeffrey S. Shein & Associates, P.C. Brad Schrader, Sterlings superintendent of public works, said he suspects the city is the victim of Namdar using the local mall for depreciation purposes., We get stuck holding the bag in the end, he said. Whats our next move? Namdar Realty Group is an American shopping mall investment company based in Great Neck, New York. Their first purchase, in 2012, was the DeSoto Square Mall in . The Berkshire Mall . Namdar Realty Group Profile and History. When the pandemic hit, those issues were only exacerbated. I think they are doing what they can to fill the spaces, Gabrovsek said. ; Filed: 02/20/2018; Received: 02/20/2018, DocketAFFIRMATION/AFFIDAVIT OF SERVICE; Filed By: Cavalier, D.; Filed: 02/05/2018; Received: 02/05/2018, DocketSUMMONS + COMPLAINT; Filed By: Cavalier, D.; Filed: 01/24/2018; Received: 01/24/2018. Read more about cookies here. If some old malls can be used in new, creative ways, such as the mini-casino plan for an old Macys store at Namdar-owned Nittany Mall in State College, Penn, all the better. Unauthorized distribution, transmission or republication strictly prohibited. That mall now includes a senior center, Planet Fitness and large sporting goods store, Gabrovsek said. ; Filed: 03/23/2018; Received: 03/23/2018, DocketNOTICE OF DISCOVERY AND INSPECTION; Filed By: Shein, J. Our goal is to stick to those B and B-plus assets. namdar inc. namdar llc. Amazon Is Closing Its Cashierless Stores in NYC, San Francisco and Seattle, Amazon Pauses Construction on Second Headquarters in Virginia as It Cuts Jobs, Stock Traders Are Ignoring Blaring Bond Alarms, iPhone Maker Plans $700 Million India Plant in Shift From China, Russia Is Getting Around Sanctions to Secure Supply of Key Chips for War.