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Albany’s first mall bought by private investor

New York shopping plaza opened in 1957
Westgate Shopping Center was Albany, New York’s first mall. (CoStar)
Westgate Shopping Center was Albany, New York’s first mall. (CoStar)
By Erin Anderson
November 19, 2025 | 9:27 P.M.

Franz Khan, a local investor in upstate New York, purchased the shopping plaza at 911 Central Ave., Albany, New York, for $6.3 million.

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News | Albany’s first mall bought by private investor