Market Extra: Underwater: Values on dozens of U.S. malls slashed by more than 70% during pandemic

Here comes more trouble for embattled U.S. shopping malls.

New York’s biggest shopping center, Destiny USA, a lakeside mega mall that helped transform Syracuse’s formerly polluted and downtrodden industrial Oil City neighborhood 30 years ago, has seen its share of ups and downs.

Now, the roughly 2.4 million square foot shopping, hotel and…