American Dream lost USD 60M last year
News
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May 2022
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Retail Dive
What: The company collected almost USD 50 million in rent and close to USD 100 million from its attractions, among other revenue sources, but incurred more than USD 230 million in expenses according to its filing with the Municipal Securities Rulemaking Board.
Why it is important: The ongoing pandemic continues to affect customer behaviour, supply chains, and the economy which has led the The American Dream mall to lose close to USD 60 million last year.
