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Retail

Simon Property to transform Smith Haven Mall

Simon Property, which owns shopping, dining, entertainment and mixed-use destinations across North America, Europe and Asia, has announced a multi-million-dollar investment project at Smith Haven Mall on Long Island. Located in Lake Grove and St. James, New York, the Smith Haven Mall is the main shopping destination for Long Island and currently...

11 Feb 2025

Retail

Simon Property's see 25 percent revenue loss

Mall owner Simon Property Group was brutalized by the height of the coronavirus pandemic with months of temporary store closures. Some tenants have closed stores all together and were unable to pay their rents, costing the company massive revenue declines. On Monday, Simon Property Group reported that quarterly revenue fell 25 percent. This was...

11 Nov 2020

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