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More retail outlets in NY set to open after big mall operator backs down
Add BT as a preferred sourcePublished Tue, Aug 22, 2017 · 09:50 PM
New York
A SETTLEMENT with the largest US mall operator to limit the dominance of the Woodbury Common Premium Outlets centre near New York City could lead to more factory outlets in the metropolitan area, New York state's attorney general said on Monday.
Simon Property Group Inc agreed to modify lease restrictions barring Woodbury Common tenants from opening new outlet stores within a 97-kilometre radius, and to stop using similar lease restrictions for 10 years.
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