However, the court denied a request of Taubman asking it to issue the Bloomfield Hills, MI-based developer a special use permit and site-plan approval for the mall. The court also notes that Taubman must possibly consider concessions, like building a 750,000-sf mall instead of the 860,000-sf development that was originally planned.
So far, Barneys New York, Nieman Marcus and Nordstrom have signed on as anchors at the Mall at Oyster Bay. Taubman also claims that 65% of the tenant space in Oyster Bay has been spoken for and 50% has fully-executed leases.
Opponents of the mall say the development will negatively impact the traffic, safety, environment, quality of life and home values in the area, according to the website of one of the opposition groups, the Cerro Wire Coalition. The coalition is composed of 27 groups, including a variety of local mom-and-pop retail businesses and several homeowners associations.
The site had housed the Cerro Wire factory, before Taubman cleared the building to make way for the mall.
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