The Bangor Mall — awash in uncertainty since its owner defaulted on a loan last fall — is the target of July 5 court filings that aim to assign an independent person to handle the mall’s finances and property. Read More
The Miami-based company that bought several former Macy’s stores at auction last December, including at the Bangor Mall, has kept mum on its plans for the properties, but new details are emerging. Read More
The city has put off making a decision over whether to give a tax break to the Bangor Mall pending more information, while at the same time a foreclosure on the mall appears to have been delayed. Read More
If the foreclosure is concluded, experts say the lender will likely put the mall up for sale. Read More
Simon has asked the city to drastically lower the appraised value of the mall, which would halve the $1.4 million in property taxes that it pays for this tax year. Read More
Mall owner Simon Property Group of Indianapolis appears to be giving up on an $80 million loan on the property. Read More
The closure marks the most recent in a string of businesses to leave the mall, which turns 40 this year. Read More
When parent company Sears Holdings announced the Bangor Sears will close this spring, it did not note that the auto center would stay open. Read More
Sears Holdings announced Thursday that its Bangor store will close in early April. Read More
But in brighter news for the mall, the vacant former Macy’s store was just sold at auction. Read More
Kelly Merchant, 50, of Bradley claims she was let go in June 2015 because she is a plus-sized woman, then in her late 40s. Read More
Some potentially good news for the Bangor Mall came from its owner Friday, when executives told securities analysts they want to keep malls with good cash flow rather than sell them. Read More
A recent Morningstar Credit Ratings report valued the Bangor Mall at only $66.6 million and estimated that Simon has a 50 percent chance of defaulting on the loan. Read More
The church that’s being forced out of the former YMCA building has found a new home: the Bangor Mall. Read More
Ellis spoke in a clear, calm voice as she apologized briefly to the women she stabbed. Read More
Representatives from 26 Maine summer camps were at the Bangor Mall on Saturday for a fair designed to recruit prospective campers. Read More
A sentencing date for Elizabeth Ellis, 36, of Alexandria, Virginia, has not been set. Read More
“This is not a Bangor issue,” City Council Chairman Joe Baldacci said. “This is happening nationwide.” Read More
