Staten Island Mall
Encyclopedia
Staten Island Mall is a shopping mall
Shopping mall
A shopping mall, shopping centre, shopping arcade, shopping precinct or simply mall is one or more buildings forming a complex of shops representing merchandisers, with interconnecting walkways enabling visitors to easily walk from unit to unit, along with a parking area — a modern, indoor version...

 in the Staten Island borough of New York City
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...

, United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

. It is the only indoor shopping mall in the borough. It is the largest retail center on the island and is the site of the island's second largest public transit hub after the St. George ferry terminal
Staten Island Ferry
The Staten Island Ferry is a passenger ferry service operated by the New York City Department of Transportation that runs between the boroughs of Manhattan and Staten Island.-Overview:...

, with numerous bus routes that connect to the periphery of the mall area.

Description and history

The mall is owned by General Growth Properties
General Growth Properties
General Growth Properties, Inc. is a publicly traded real estate investment trust in the United States. It is based in Chicago, Illinois at 110 North Wacker Drive, a historic building designed by architectural firm Graham, Anderson, Probst & White...

 of Chicago, Illinois. It has 200 stores employing approximately 3,000 people. Anchor tenants
Anchor store
In retail, an anchor store, draw tenant, anchor tenant, or key tenant is one of the larger stores in a shopping mall, usually a department store or a major retail chain....

 include J. C. Penney
J. C. Penney
-External links:*...

, Macy's
Macy's
Macy's is a U.S. chain of mid-to-high range department stores. In addition to its flagship Herald Square location in New York City, the company operates over 800 stores in the United States...

, and Sears
Sears Holdings Corporation
Sears Holdings Corporation is a retail conglomerate formed in 2005 by the merger of Sears, Roebuck and Co., of Hoffman Estates, Illinois, with Kmart Holdings Corporation, of Troy, Michigan...

.

Prior to the construction of the mall, the land was occupied by the Staten Island Airport, which opened in 1941. The site was sold in 1955 with a shopping and amusement center, known as the Staten Island Center, envisaged. Construction, however, did not commence until 1970 and while the grand opening was in 1973, stores (such as E. J. Korvette
E. J. Korvette
E. J. Korvette, also known as Korvette's, was an American chain of discount department stores, founded in 1948 in New York City. It is notable as one of the first department stores to challenge the suggested retail price provisions of anti-discounting statutes. Founded by World War II veteran...

 and a supermarket) opened on the site much earlier. E. J. Korvette
E. J. Korvette
E. J. Korvette, also known as Korvette's, was an American chain of discount department stores, founded in 1948 in New York City. It is notable as one of the first department stores to challenge the suggested retail price provisions of anti-discounting statutes. Founded by World War II veteran...

 and other stores in the shopping center were in full operation as early as the summer of 1970, probably earlier. Anchor tenants in later years included Macy's
Macy's
Macy's is a U.S. chain of mid-to-high range department stores. In addition to its flagship Herald Square location in New York City, the company operates over 800 stores in the United States...

, and Sears
Sears Holdings Corporation
Sears Holdings Corporation is a retail conglomerate formed in 2005 by the merger of Sears, Roebuck and Co., of Hoffman Estates, Illinois, with Kmart Holdings Corporation, of Troy, Michigan...

. The mall's original developer was Feist and Feist Realty Corp. When the Rouse Company acquired the mall in 1980 they remodeled the mall by adding additional escalators to the six that were working at the time the mall opened, plus additional trees and several new fountains throughout the mall.

The last major renovation and expansion of the mall was in 1993 when the JCPenney wing was completed. It has currently a two-story mall shaped like a letter "T", with a gross leasable area
Gross leasable area
Gross leasable area in the retail development industry is a term applied to shopping malls, lifestyle centers, outlet malls and other retail centers to indicate the amount of floor space available to be rented...

 (GLA) of 1,274,000 square feet (114,000 m²) and a tenant GLA of 622,000 square feet (58,000 m²).

The music video
Music video
A music video or song video is a short film integrating a song and imagery, produced for promotional or artistic purposes. Modern music videos are primarily made and used as a marketing device intended to promote the sale of music recordings...

 for the New Radicals
New Radicals
New Radicals were an American pop rock band active in the late 1990s, centered on frontman Gregg Alexander, who wrote and produced all of their songs and was the sole constant member...

 1999 hit single "You Get What You Give
You Get What You Give
"You Get What You Give" is a song by the New Radicals. It was an international hit, the first and most successful single from their album Maybe You've Been Brainwashed Too. It reached No. 30 on Billboard Hot 100 Airplay in January 1999, No. 36 on the overall Hot 100 and No. 8 on the Billboard...

" was filmed in the mall.

On April 16, 2009, Chicago based General Growth Properties, the owner of the Staten Island Mall and over 200 other malls in 44 states filed for bankruptcy amid sharply reduced revenues and a crippling debt burden of over $25 billion. The company's stock price has plummeted 97% over the past year, most recently trading at just $1.05. It is likely that the company's strategy for reorganization will include the sale of properties. It is unclear whether the Staten Island Mall will be included as one of those properties.

In 2008 & 2009, following the US economic meltdown, several stores, including some open for many years, closed down and discount or non-national retailers took their places. Other spaces sat vacant, with their windows being used to display other stores' merchandise. However by mid-2010, higher-end shops such as Michael Kors
Michael Kors
Michael Kors is an American fashion designer. He is best known for designing classic American sportswear for women.-Personal life:...

, Pandora and Armani Exchange opened for business, and presently in 2011 numerous new brands (Teavana
Teavana
Teavana is a specialty tea and tea accessory retailer based in Atlanta, Georgia. Teavana currently operates over 180 company-owned stores in 36 U.S. states and Mexico.- History :...

, Adidas
Adidas
Adidas AG is a German sports apparel manufacturer and parent company of the Adidas Group, which consists of the Reebok sportswear company, TaylorMade-Adidas golf company , and Rockport...

, Love Culture, etc.) are relocating or updating their looks while new tenants continue to revive the mall's image.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
x
OK