MONROE TWP – Despite the Susquehanna Valley Mall being up for a possible sheriff sale, the retailers at the mall say they’ll stay, at least for now. We told you earlier the mall will be placed on the sheriff’s sale listing tentatively for August 9…this after defaulting on mortgage payments of just under $34 million.
The good news is Boscov’s manager Geoff Dufford tells WKOK the department store is “here to stay” regardless of what happens to the mall. Boscov’s is now the lone large anchor store there, after the closings of Sears, Penney’s and Bon-Ton. The mall has also lost numerous other tenants in previous years. Boscov’s has been open since 1977, one year before the mall opened.
Work has also begun on the new Family Practice Center mall location, in the old Sears space. Family Practice Center CEO Al Lagerman also tells WKOK the center is “comfortable” staying at the mall. He says the new center is expected to open by the end of 2020.
Snyder County Sheriff John Zechman told WKOK Monday there are two situations where the sale could be taken off the list. He says both sides could negotiate a settlement. The mall owner, Susquehanna Valley Mall Associates, could also file for bankruptcy, which would also cancel the sale. WKOK has reached out to mall for comment and has not yet received a response.