White Plains Business Improvement District

Macy’s sells its site at Galleria in White Plains for $27M

Westchester County Business Journal, Peter Katz, June 10, 2019
 

Macy’s, which has been a fixture at the Galleria shopping mall in White Plains, has sold the site it occupies to the owner of the mall, WP Galleria Realty LP of El Segundo, California, for $27 million.

Macy’s held title to the property it has been occupying since it moved into the Galleria from its former standalone site at the corner of Mamaroneck Avenue and Main Street, which eventually was torn down to make way for developer Louis Cappelli to build the City Center.

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Read the Full Article from Westchester County Business Journal.