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The Mall at the Source

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The Mall at the Source

The Mall at the Source (also known as The Source Mall or simply The Westbury Mall) is a shopping mall located in Westbury, New York on Old Country Road and Merchants Concourse (Ellison Avenue). It has many stores including Old Navy and New York & Company. It also has restaurants such as The Cheesecake Factory, P. F. Chang's China Bistro, and Ayhan's Shish Kebab. The mall was named for its former anchor store Fortunoff (which used the phrase "The Source" in advertising for the chain), which the mall was built around and which closed in June 2009.With the closure of Fortunoff, Steve and Barry's (which closed in early 2009), and Circuit City (which closed in March 2009) since 2009 began, three large anchor stores have become vacant. With a challenging retail climate, finding new tenants to fill these spaces will be difficult. The substantial drop of foot traffic by the loss of the anchors may cause other stores to pull out from the mall. Simon Properties and un-named co-owners of the Mall at the Source defaulted on a $124 million balloon interest-only mortgage in March 2009.The site of The Mall at the Source was originally Roosevelt Field Aerodrome, with Charles Lindbergh taking off on his epic trans-Atlantic flight near the site of the mall's parking garage. Roosevelt Raceway bought the property when it expanded the harness-racing track in the 1940s for additional parking. In the early 1960s, Ohrbach's constructed a department store on leased land at north-east corner of the raceway's property. Fortunoff built its store several years later in 1964, as they followed their customers east from the original Fortunoff location in Brooklyn. Alan Fortunoff bought the entire property north of the current boundary of Transverse Drive from Roosevelt Raceway in the early 1980s.In the late 1980s, Alan Fortunoff planned to construct the Long Island Galleria shopping mall, one comparable to the size of the massive Roosevelt Field Mall a few miles away but with different stores. It was to be built by the Westfield Group and include Neiman Marcus and Nordstrom. Community pressure over congestion concerns forced Fortunoff to scale back the size and scope of the mall. Roughly half of the property was sold to Price Club (now Costco), which developed their portion to include a Kmart (now Walmart).Aside from the internal eclecticism of the mall, it is the heart of dozens of other surrounding stores including Costco, California Pizza Kitchen, Best Buy, and Sports Authority. Off the property adjacent to the mall is a Target, Home Depot, AMC Loews Theatres, Sprint store, and various restaurant chains.The mall was also the first on Long Island to house clothing chains H&M, Old Navy, Nordstrom Rack, and Off 5th. It was also the first to house restaurants including The Cheesecake Factory, P.F. Chang's China Bistro, and Rainforest Cafe (closed on 19 October 2000).

Practical Information

Location: Westbury, New York, USA

Official site: http://www.simon.com/mall/default.aspx?ID=104

Parking: Yes

Owner: Simon Property Group

Opened: 1997

Nb of stores: 65

Nb of floors: 2

Anchor tenants: 13

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More info

The Mall at the Source –

The Mall at the Source (also known as The Source Mall or simply The Westbury Mall) is a shopping mall located in Westbury, New York on Old Country Road and Merchants Concourse (Ellison Avenue). It has many stores including Old Navy and New York & Company. It also has restaurants such as The Cheesecake Factory, P. F. Chang's China Bistro, and Ayhan's Shish Kebab. The mall was named for its former anchor store Fortunoff (which used the phrase "The Source" in advertising for the chain), which the mall was built around and which closed in June 2009.With the closure of Fortunoff, Steve and Barry's (which closed in early 2009), and Circuit City (which closed in March 2009) since 2009 began, three large anchor stores have become vacant. With a challenging retail climate, finding new tenants to fill these spaces will be difficult. The substantial drop of foot traffic by the loss of the anchors may cause other stores to pull out from the mall. Simon Properties and un-named co-owners of the Mall at the Source defaulted on a $124 million balloon interest-only mortgage in March 2009.The site of The Mall at the Source was originally Roosevelt Field Aerodrome, with Charles Lindbergh taking off on his epic trans-Atlantic flight near the site of the mall's parking garage. Roosevelt Raceway bought the property when it expanded the harness-racing track in the 1940s for additional parking. In the early 1960s, Ohrbach's constructed a department store on leased land at north-east corner of the raceway's property. Fortunoff built its store several years later in 1964, as they followed their customers east from the original Fortunoff location in Brooklyn. Alan Fortunoff bought the entire property north of the current boundary of Transverse Drive from Roosevelt Raceway in the early 1980s.In the late 1980s, Alan Fortunoff planned to construct the Long Island Galleria shopping mall, one comparable to the size of the massive Roosevelt Field Mall a few miles away but with different stores. It was to be built by the Westfield Group and include Neiman Marcus and Nordstrom. Community pressure over congestion concerns forced Fortunoff to scale back the size and scope of the mall. Roughly half of the property was sold to Price Club (now Costco), which developed their portion to include a Kmart (now Walmart).Aside from the internal eclecticism of the mall, it is the heart of dozens of other surrounding stores including Costco, California Pizza Kitchen, Best Buy, and Sports Authority. Off the property adjacent to the mall is a Target, Home Depot, AMC Loews Theatres, Sprint store, and various restaurant chains.The mall was also the first on Long Island to house clothing chains H&M, Old Navy, Nordstrom Rack, and Off 5th. It was also the first to house restaurants including The Cheesecake Factory, P.F. Chang's China Bistro, and Rainforest Cafe (closed on 19 October 2000).

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