Citi Field’s Suicide Squeeze! Redone Willets Point Will Bracket Stadium With Malls

reprints


It may be a strike for the mayor, but Steve Ross and Fred Wilpon have scored big time with the latest Willets Point do-over.

SEE ALSO: Struggling Regional Malls Reposition as Retail CMBS Space Sweats

It was revealed earlier this month that after a year of weighing competing proposals, the city had selected the Related Companies and Sterling Equities to redevelop the Iron Triangle, albeit in vastly revised form. Housing and other development would be put off in favor of a large mall.

Make that two malls, surrounding the new-ish throwback stadium, a veritable retail double play.
Read More