Thursday, January 9, 2020

Ghermezian Articles

"Power of Triple Five" bribery in the gambling industry, The Las Vegas Sun (May 16, 2006)  https://lasvegassun.com/news/2006/may/15/power-of-triple-five/
“Mall Madness” five part investigation by WNYC New York Public Radio, Bloomberg Businessweek and New Jersey Spotlight on the American Dream mall in the Meadowlands including the role of political donations   https://saveepcal.blogspot.com/2019/11/wnyc-series-on-ghermezians-american.html
"American Dream, Source of Argument for and Against Reform of NJ Tax Incentives" public financing for their megamall on the west side of the Hudson, New Jersey Spotlight (October 2019)  https://www.njspotlight.com/2019/10/american-dream-source-of-argument-for-and-against-reform-of-nj-tax-incentives/#disqus_thread
"The CRA* is going after the wealthy family behind the West Edmonton Mall. Here’s why"    an investigation by Canada’s IRS, The Star (November 15, 2019)   https://www.thestar.com/news/investigations/2019/11/15/the-cra-is-going-after-the-wealthy-family-behind-the-west-edmonton-mall-heres-why.html
"Popular in Wisconsin: Cheese, the Packers and...Risky Bonds"  the controversial financing used for the American Dream mall, The Wall Street Journal (January 9, 2020)  https://www.wsj.com/articles/popular-in-wisconsin-cheese-the-packers-and-risky-bonds-11569922203?mod=itp_wsj&ru=yahoo
"Mall of America owner puts megamall on the line for massive New Jersey project"  using equity in one mall to finance another,  Minneapolis Star Tribune (August 11, 2019)   http://www.startribune.com/moa-owner-puts-megamall-on-the-line-for-massive-new-jersey-project/532985472/
"County banned American Dream mall subsidies, but public pays for needed sewer project", Miami Herald (December 18, 2018)   https://www.miamiherald.com/news/local/community/miami-dade/article223062075.html
"American Dream’s new mega-mall in New Jersey had an early visitor: Miami-Dade’s mayor" pressure for public financing of the Florida mega mall, Miami Herald (November 8, 2019)
"The renewed political efforts come as the company continues to meet with the Gimenez administration about public assistance for the $4 billion project outside of Hialeah and Miami Lakes. While Triple Five so far has failed in attempts to secure public dollars for American Dream Miami, the $3 billion sister project at the Meadowlands used about $1 billion in construction money tied to tax dollars."








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