One of the biggest US malls sells for steep discount at auction

New York property's debt holder Black Diamond submits only bid for Palisades Center

Palisades Center like many malls has lost anchor tenants such as Lord & Taylor and J.C. Penney. (CoStar)

CoStar News

February 11, 2026 | 10:06 P.M.

A troubled mall in Rockland County, New York, has sold for a song to its debt holder.

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