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The Seaport Sails Onward

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South Street Seaport's owner General Growth may have just filed for bankruptcy, but that doesn't mean the mall is going anywhere. According to the Times, Growth's implosion shouldn't have much of an effect on the current state of the shopping center. That said, "the company, the country’s second-largest mall operator, is struggling under $27 billion in mostly short-term debt and is not rushing forward with its redevelopment plan for the South Street Seaport or with a planned $700 million project in East Harlem." [Previously]