Tax Judge Slices $850M Off American Dream Mall’s Valuation, Reports Say
A New Jersey tax court judge has slashed the assessed value of the American Dream megamall in East Rutherford by $850 million, marking a nearly 50% drop this year alone, Bloomberg reports.
The ruling made last Thursday, July 31, brings the property's 2025 valuation to $1.65 billion, down from the $3.3 billion figure earlier this year. The initial $800 million cut came in March, followed by this latest reduction, according to CoStar.
The move represents a win for Triple Five Group, the mall's owner, which has long argued that the complex was overvalued, Bloomberg said. However, the dec…
Mount Joy Driver Who Killed Pedestrian Near Dutch Wonderland Out On Bail: DA
A Mount Joy Township man is out on bail after allegedly striking and killing a pedestrian in a hit-and-run near Dutch Wonderland in 2024, Lancaster County authorities announced in a release on Tuesday, June 24.
Brandon E. Shearer, 33, is accused of hitting John Randall Zimmerman, 72, in the 2200 block of Lincoln Highway East in East Lampeter Township just before 4:10 a.m. on Thursday, Aug. 29, 2024, according to East Lampeter Township police.
Zimmerman, originally from Lititz and most recently of Lancaster, was not using a crosswalk when he was fatally struck outside the Fairfield Inn near …
‘Best Summer Travel Destination'? Ocean City Among 20 Nationwide In Running For New Poll
Sun, surf, and saltwater taffy? Yes, please.
Among the 20 destinations vying for the title of “Best Summer Travel Destination” in USA Today’s 10Best Readers’ Choice Awards is Ocean City, New Jersey.
With its bustling boardwalk, sweeping Atlantic views, and vintage amusement parks, Ocean City’s summer charm is anything but subtle.
USA Today highlights iconic attractions like Playland’s Castaway Cove, packed with roller coasters, go-karts, a fun house, and mini golf. For those who prefer their fun a little more low-key, there’s always the option to lounge on miles of pristine beach and take…
