Kohan Retail Investment Group of Great Neck, N.Y., took ownership of the Fort Steuben Mall for $10.75 million on Dec. 17.
The firm owns 28 malls in 17 states, including the Washington Crown Center Mall in Washington, Pa.
Group owner Michael Kohan said plans are to begin repairing the mall’s roof as soon as possible, and he will be seeking multi-purpose tenants and is inviting local tenants to inquire about space in the mall.
The former Macy’s space in the mall was purchased in 2018 by Lionheart Capital, a Florida-based developer.
Kohan said he’s working to establish a relationship with Lionheart.