A $20 million improvement of West 38th Street between Guion and High School roads that is set to begin next month is the first in a series of initiatives that stakeholders hope will revive the real estate fortunes of the area anchored by Lafayette Square Mall.
Macy’s decision to close its store at Lafayette Square could deal a devastating
blow to a mall already reeling from the loss of other major tenants.
The demise of apparel retailer Steve and Barry’s University Sportswear deals another blow to efforts to turn around the ailing
Lafayette Square Mall.
Lafayette Square Mall could look a lot like the revitalized Glendale Town Center in a few years if the mall’s new owners get
their way. A proposed site plan shows that New York-based Ashkenazy Acquisition Corp. doesn’t intend to settle for filling
the mall’s ample vacant space.
