Rumors have been swirling that the Shops of Nanuet has been sold by Simon Properties to a local developer. Naomi Streicher of Q Homes Sales in New City says Alexander Properties of New City finalized a deal last week. Streicher says Alexander specializes in retail, office and commercial buildings, and multi-family communities…
Tina Traster is the editor of the Rockland County Business Journal and she says the deal, if true, could be complicated…
Neither Alexander Properties nor Simon could be reached for comment, and neither has put out a statement about the possible sale. However, The Shops at Nanuet is no longer listed on Simon’s corporate website, and the center’s own website apparently no longer exists, though its Facebook and Instagram pages were still available as of this morning. The original Nanuet Mall opened in 1969 with Bamberger’s and Sears as its main anchor stores. The current outdoor mall format opened in 2013.