Newburgh Mall

Newburgh Mall is a regional shopping center in the Town of Newburgh, Orange County, New York. The property is located on NY 300 near the junction of Interstate 87, the New York State Thruway, and Interstate 84, giving it access to a broad Hudson Valley trade area. The mall opened in 1980 under Kravco property management, a company associated with the development and operation of major shopping centers including King of Prussia Mall in the Philadelphia area. Kravco later became associated with Kravco Simon. The center originally relied on conventional department-store anchors and a collection of smaller retail tenants. Its original anchor lineup included Caldor and Howland's. Howland's subsequently became Steinbach, then Old Navy, and the space later became associated with TRACK23. Sears also operated at the property for decades and became the last surviving original anchor after the other early department-store formats disappeared or changed ownership. Old Navy relocated away from the mall in 2011. Newburgh Mall experienced sustained occupancy pressure during the late 2000s and early 2010s. The property was reported to have been more than 25 percent vacant from 2009, reflecting the wider deterioration of traditional enclosed-mall retail and the difficulties faced by department-store tenants. The mall entered foreclosure proceedings in 2012 and continued operating under foreclosure for several years. Wells Fargo, described as the mortgage holder, acquired the property at a foreclosure sale for $10. The mall was subsequently sold in 2017 for $7.7 million. Tenant turnover continued in the 2020s. Bed Bath & Beyond, formerly one of the mall's anchor occupants, closed its Newburgh location during the retailer's broad New York store closures in early 2023. Sears closed in October 2022, ending its 43-year presence at the center and leaving Newburgh Mall without its final original anchor. Office Depot, another major tenant, closed on January 31, 2024. O'Reilly Auto Parts later adapted the former Sears space for an automotive-parts store, which was completed and opened in 2024. The most significant recent change was the conversion of the former Bon-Ton department-store space into Resorts World Hudson Valley. The casino and video-lottery facility, operated by Malaysia-based Genting Group, opened on December 28, 2022, following a reported $50 million renovation. The 60,000-square-foot venue includes more than 1,200 slot machines and video lottery terminals, together with electronic table games. The project broadened the mall's role from a conventional retail center into a mixed retail, entertainment, and gaming destination. The arrangement also provided for annual payments to the Town of Newburgh, including funding intended to support local police, fire, and ambulance services. Newburgh Mall remains an active but substantially transformed shopping center. Its tenant mix combines remaining retail and service businesses with the Resorts World Hudson Valley gaming operation and O'Reilly Auto Parts. The property's history illustrates the pressures on older regional malls, including anchor departures, vacancies, foreclosure, ownership changes, and repurposing of department-store boxes for nontraditional uses.

Newburgh Mall opened in 1980 on NY 300 in the Town of Newburgh, New York, close to the interchange of the New York State Thruway and Interstate 84. It was developed and managed by Kravco, a property company that also operated King of Prussia Mall outside Philadelphia. The center was designed as a conventional enclosed regional mall serving communities in the Hudson Valley and initially depended heavily on department stores to attract customers. The original anchor tenants included Caldor and Howland's. Howland's later became Steinbach, and the space subsequently passed through other retail uses, including Old Navy and later TRACK23. Sears was another long-term anchor and ultimately became the final surviving member of the mall's original anchor group. The center also housed a range of smaller retail, service, and food tenants. By the late 2000s, Newburgh Mall was affected by the structural problems facing many older American malls. Department-store contraction, competition from newer retail formats, and changing consumer habits contributed to vacancies. The property was reported to have been more than one-quarter vacant from 2009. Old Navy relocated in 2011, further reducing the presence of national apparel retailers in the original anchor spaces. The mall faced foreclosure in 2012. It continued operating during several years of foreclosure proceedings before Wells Fargo, identified as the mortgage holder, obtained the property at a foreclosure sale for $10. The property later changed hands in a 2017 sale reported at $7.7 million. These events reflected the reduced value and financial pressure affecting the center, but the mall continued to operate rather than close entirely. Anchor turnover accelerated in the early 2020s. Sears announced in August 2022 that it would leave the mall in the fall. Its last day was October 16, 2022, ending a 43-year run and removing the last original anchor. Bed Bath & Beyond, formerly another important occupant, closed its location in early 2023 amid the chain's broad store closures. Office Depot later closed on January 31, 2024. The largest redevelopment in the property's history involved the former Bon-Ton department-store space. Genting Group invested a reported $50 million to create Resorts World Hudson Valley, a gaming and entertainment facility occupying approximately 60,000 square feet. It opened on December 28, 2022, with more than 1,200 slot machines and video lottery terminals and electronic table games. The facility became one of New York State's official video-lottery venues and represented a major shift in the mall's commercial identity. The gaming arrangement included payments to the Town of Newburgh for the right to host the casino, including a reported annual contribution for local police, fire, and ambulance services. The venue's video-lottery operation had previously been associated with Genting's facility at Monticello Raceway before the group opened Resorts World Catskills in the area. Retail repositioning continued with O'Reilly Auto Parts. Construction began in late 2023 in the former Sears space, and the automotive-parts store was completed and open by 2024. The conversion demonstrated how large former department-store boxes could be reused for nontraditional mall tenants. Newburgh Mall therefore remains active, but its current model differs substantially from its original department-store-led format. It now combines a smaller retail and service base with gaming, entertainment, and specialized destination uses.

• 2024

  O'Reilly Auto Parts opens

  [1]Newburgh Mallen.wikipedia.org

  O'Reilly Auto Parts completes its conversion of the former Sears space and opens a store.

• 2023

  Bed Bath & Beyond closes

  [1]Newburgh Mallen.wikipedia.org

  The former anchor tenant closes its Newburgh Mall store amid chain-wide retrenchment.

• 2022

  Sears closes

  [1]Newburgh Mallen.wikipedia.org

  Sears ends its 43-year presence at the mall on October 16, leaving the center without an original anchor.

• 2022

  Resorts World Hudson Valley opens

  [1]Newburgh Mallen.wikipedia.org

  Genting Group opens a 60,000-square-foot gaming facility in the former Bon-Ton space.

• 2017

  Property changes ownership

  [1]Newburgh Mallen.wikipedia.org

  The mall is sold for a reported $7.7 million.

• 2012

  Foreclosure proceedings begin

  [1]Newburgh Mallen.wikipedia.org

  Newburgh Mall faces foreclosure after years of vacancy and financial pressure.

• 2011

  Old Navy leaves the mall

  [1]Newburgh Mallen.wikipedia.org

  Old Navy relocates away from the center's former department-store space.

• 2009

  Extended vacancy becomes a major issue

  [1]Newburgh Mallen.wikipedia.org

  The mall is reported to have been more than 25 percent vacant from this period, reflecting pressure on older regional shopping centers.

• 1980

  Newburgh Mall opens

  [1]Newburgh Mallen.wikipedia.org

  The regional shopping center opens on NY 300 in the Town of Newburgh under Kravco property management.

A Hudson Valley regional shopping center that has evolved from a conventional department-store-anchored mall into a mixed retail, service, entertainment, and gaming destination.

• Gaming and entertainment venue · 2022

  Resorts World Hudson Valley

  A Genting Group gaming facility occupying approximately 60,000 square feet in the former Bon-Ton department-store space. It opened in December 2022 after a reported $50 million renovation. The venue includes more than 1,200 slot machines and video lottery terminals, as well as electronic table games, making it the mall's most prominent destination-oriented offering.

• Automotive parts retail · 2024

  O'Reilly Auto Parts

  An automotive-parts retail store developed in the former Sears space. Construction began in late 2023, and the location was completed and operating by 2024. Its arrival illustrates the mall's shift toward specialized and service-oriented uses for former department-store floor space.

• Shopping-center retail · 1980

  Regional retail and service stores

  Newburgh Mall provides a collection of retail, service, food, and entertainment tenants serving the surrounding Hudson Valley market. The center has been described as having approximately 46 stores, although tenant counts and occupancy can change over time.

• 2024

  Reuse of the former Sears buildingStrategy

  Background

  The mall was left with another large vacant department-store space after Sears closed in 2022.

  Action taken

  O'Reilly Auto Parts began construction in the former Sears location in late 2023 and opened the completed store in 2024.

  Aftermath

  The project introduced an automotive retail use into a former department-store anchor box.

  Source

• 2022

  Conversion of former Bon-Ton space into a gaming venueStrategy

  Background

  The mall needed new uses for large department-store premises following long-term anchor contraction and the eventual closure of major retailers.

  Action taken

  Genting Group redeveloped approximately 60,000 square feet into Resorts World Hudson Valley, a casino and video-lottery facility.

  Aftermath

  The venue opened on December 28, 2022, giving the mall a major entertainment and destination component alongside its retail tenants.

  Reported redevelopment investment. $50 million (Redevelopment completed for the December 2022 opening)

  Source

• 2022

  Sears anchor closureOther

  Background

  Sears had been one of the mall's long-standing department-store anchors and was the final original anchor still operating.

  Action taken

  Sears announced the closure of its Newburgh Mall store, with operations ending on October 16, 2022.

  Aftermath

  The closure ended the mall's 43-year relationship with Sears and removed its last original anchor.

  Source

• 2017

  Newburgh Mall is soldM&A

  Background

  The property had experienced prolonged vacancy, foreclosure, and the loss or transformation of several department-store anchors.

  Action taken

  The mall was sold in a transaction reported at $7.7 million.

  Aftermath

  The center remained open and later pursued a major redevelopment of a former department-store space.

  Reported sale price. $7.7 million (2017)

  Source

• 2012

  The mall continues operating during foreclosureOther

  Background

  Newburgh Mall faced substantial vacancy and entered foreclosure proceedings during a difficult period for traditional enclosed shopping centers.

  Action taken

  The property continued operating while foreclosure proceedings remained unresolved for several years.

  Aftermath

  Wells Fargo ultimately acquired the mall at a foreclosure sale for $10.

  Foreclosure-sale price. $10 (After several years of foreclosure operations; exact sale year not specified in the source summary)

  Source

1. 1Newburgh Mallen.wikipedia.org