The Woodland Mall has been purchased and is no longer foreclosed.
The mall, which went into foreclosure last July, was purchased by Woodland NY Realty LLC for an undisclosed figure last March according to Woodland Mall’s publicist, John Rankins.
Rankins said that the mall is actively seeking new tenants. Nothing has been finalized, but work is being done on improving the mall.
“It is too early to make any announcements,” Rankins said. “Deals have not yet been finalized.”
Michelle Barton, field coordinator at the Woodland Mall, is optimistic for the mall’s future. According to the mall’s website, it currently has 26 businesses, 14 retail and vacant spaces, which includes the East Anchor, which was formerly Steve & Barry’s.
Barton hopes to fill most of those spaces and have a 90-percent occupancy rate within the next 18 months.
There have also been improvements in event planning at the mall, Rankins said. These events are aimed to entertain people of all age, and they will give the mall more exposure as well as benefit the community as a whole, he said.
The mall held the Foodways Expo, which featured Mario Rizzotti from the Food Network’s “Iron Chef America,” on April 17. And there will be more events coming up in the next couple of weeks, Rankin said.
