NJ's American Dream Mall Sees Value Drop by $800 Million in 2025
The value of the American Dream mega mall and entertainment complex in New Jersey's Meadowlands plummeted by $800 million — a blow to municipal bondholders whose debt is backed by payments in lieu of property taxes.
The 3.5 million square-foot venue, which includes an amusement park, water park and ski slope, was assessed at $2.5 billion by the Borough of East Rutherford for the quarter ending June 30, according to a revised tax bill posted late Tuesday on the Municipal Securities Rulemaking Board 's EMMA website. The mall's previous value was estimated at $3.3 billion.
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Associated Press
42 minutes ago
- Associated Press
"Wave 2: The Sequel": The Tsunami on LBI Was Just the Beginning
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Associated Press
42 minutes ago
- Associated Press
Newark mayor sues New Jersey's top federal prosecutor after arrest at immigration detention site
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CNN
2 hours ago
- CNN
Hollywood Minute: Rick Astley's billion streams
Rick Astley hit gets one billion Spotify streams, 'Downton Abbey: The Grand Finale' first look, and no more 'Luke' for Mark Hamill? Douglas Hyde reports.
