When a homeowner defaults on their mortgage, it’s just a matter of time before the bank takes their home. But when a gigantic ...

The property’s lender could foreclose on the Syracuse asset at any time, though Pyramid is trying to negotiate another ...

Destiny USA, New York’s largest shopping mall, has defaulted on a $300 million mortgage after failing to extend its loan’s ...

The owner of the 2.4M SF Destiny USA, New York’s largest mall, has defaulted on a $300M mortgage on the property.

While it is unknown if Destiny USA can survive this fluctuating market, its parent company is not doing it any favors.

Syracuse, N.Y. – Destiny USA, the biggest shopping mall in New York and one of the largest in the U.S., has defaulted on a $300 million mortgage. Carousel Center Co., the Pyramid Cos.

The answer is in a mall in New Jersey. Our latest cover story looks at the Ghermezians, the developers of North America’s largest shopping centers, including the massive American Dream mall in ...