McKinley Mall sold for $8.5 million

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BLASDELL, N.Y. (WIVB) —  After a foreclosure process that sat in limbo for more than a year and a half,  Southtowns residents are one step closer to knowing the fate of the Mckinley Mall Monday.

According to Hamburg Town Supervisor Jim Shaw, the shopping center sold for eight and a half million dollars to McKinley Mall Realty Holding LLC. Shaw says that’s well under its nearly 11 million dollar evaluation but he is hopeful the new owner will breathe new life into the mall.

“We’re an hour away from a million people in the population, all located within an hour’s drive. Hamburg is in a community of approx. 60,000 people. This is one of the most valuable, private commercial strips in Southern Erie County. There’s a lot that can be done.”

Shaw says this is still pending NYS Supreme Court approval and he doesn’t know what the developer is planning for the site yet but will try and get more details this week.

Kelly Khatib is a digital reporter who has been part of the News 4 team since 2019. See more of her work here.

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