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Fingerlakes Mall owner has rejected all purchase offers, but remains open to more

ingerlakes Mall’s owner of 11 years will hold onto the Aurelius shopping center for the foreseeable future.

John Bouck, who does leasing work for the mall through Bouck Real Estate, said Tuesday that its owner, Siba Corporation, has rejected all of the recent bids to buy it.

“At this point there is no acceptable offer, and none on the horizon. … There seem to be no current negotiations for it,” he said. However, Bouck added that Siba is still open to offers.

Siba, a New York City diamond wholesaler, listed the mall for sale in April through brokerage firm Eastern Consolidated. Siba’s asking price is $7 million.

The Citizen:
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