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Poised to buy

Buyer lined up for Rotterdam Square mall

The Rotterdam Square Mall in Rotterdam Friday.
Photographer: Peter R. Barber
The Rotterdam Square Mall in Rotterdam Friday.
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Rotterdam Square is on the verge of being purchased by a downstate retail investor pledging to bring in more tenants and improve the standards at Schenectady County’s only indoor shopping mall. Mike Kohan of the Kohan Retail Investment Group said he is poised to buy the sprawling center off of Campbell Road from the Macerich Co. sometime next week, possibly as early as Monday. He said his goal will be to invest in the property ...


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comments

Rob1986
December 28, 2013
9:36 a.m.

[ Flag Post ]

Yes, the stores are a problem at this mall, but the bigger problem are the low rent customers that shop there. It used to be a middle class customer driven mall, but now looks like a few hot dog stands within a trailer park. What other mall food court outside of Arkansas has a huge inflatable Superman with mutton chops and a cheesy mustache?

pbd
December 28, 2013
3:41 p.m.

[ Flag Post ]

Rob is right, except the problem is actually this: the middle class has shrunk in number (both absolute and relative to the population as a whole). Therefore, the "low rent" customers are more in evidence; they were there all along. And they must spend, otherwise the mall wouldn't cater to their tastes with the likes of Superman.

gina99
December 28, 2013
7:06 p.m.

[ Flag Post ]

McDonald's fled the food court years ago. With the low disposable income in this County due to crushing taxes don't expect any miracles.

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