Victor legal reps claim Eastview Mall could have 80% vacancy rate as legal battle over Lord & Taylor space heats up

On Wednesday, an appellate court in Rochester heard a significant case concerning the future of the vacant Lord & Taylor space in Eastview Mall, Victor. The property, owned by Hudsonโ€™s Bay Company and empty since 2021, has become the center of a dispute between the town of Victor and the company.

In 2022, a state court ruled against Victorโ€™s attempt to seize the space through eminent domain, citing a lack of detail in the townโ€™s original takeover plan. However, Victor appealed in January 2023, revealing a new proposal. This plan involves transforming the 93,000 sq. ft. space into a hub for an international fashion retailer, a local grocery store, and a municipal area, leased from mall developer Wilmorite.

The court session highlighted the debate over eminent domain, a process where municipalities can take private property for public use. A representative for Hudsonโ€™s Bay Company argued against the townโ€™s intentions, questioning the actual public benefit.

In contrast, Victorโ€™s representative stressed the negative impact of the prolonged vacancy on the mall and the local economy, citing a sharp increase in other vacancies in the mall since 2018 and projecting a possible 80% vacancy rate by 2026.

This ongoing legal struggle reflects broader issues of property rights and community development.



Read the full article here


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *