$54.2 Million Mall Auction For $12 Million ! Bankrupt Dead Mall !

[Livinggreen100]

mall is big ugly, concrete.

Why would anyone WANT to spend time in such yuck?

[jimnjamin]

One reason could be is that the sidewalks are full of black creeps walking around and gang bangers jiving the sidewalks scray really. I went there when it was still in business and seen the kind neighbor hood its in and the creeps hanging around all over and kept on driving right on by not bring my kid in the area getting jacked out by my car for $5. lol

[Iwish4zombies]

You guys, the restaurants around this mall have grown since this mall collapsed, their were restaurants in that mall that relocated just across the street. Don't give in so easily without questioning "authority"

[Iwish4zombies]

@HARTLIKEWHEEL where are you talking about?

[44connected]

People are homeless & unemployed and it almost seems like there is no need for it.

[gravelandgrain100]

This mall, to me, seemed to big to fail. But if you look at the area and culture that grew around it you would understand why it failed. Like so many malls, I flash over to River Roads Mall in St Louis, mo-it was overrun by an element that came never with the intent to spend money-at least in the mall. That in turn drove away it's retail base to other areas to spend money.

It really has less to do with the economy-cause Minnesota has a lower than average unemployment rate.

[centuryboatfan]

Huge mall? I don't think so. Economic crisis? I don't think so. It was simply due to the economic status of the area where immigrants and thugs hung out. I stopped going there nearly 10 years ago because I wasn't fond of the 'clientele.'

[jamesgambino]

Ok I get it....it's big. How about some details of the auction, who owned it, which bank is auctioning it off etc. Any idiot can film an empty mall

[btaylor9661]

Obama is getting his way redistribution of wealth only thing is he is redistributing it to China when they will take it. So the rich get poorer and then the poor get even less than that, who is he helping?

[danz177]

RESOURCE BASED ECONOMY..... Time for real global change and shift to world equality, prosperity through technology and social change. A paradigm shift to a better and brighter future for all mankind. Join the Zeitgeist Movement and help free yourself and your fellow man.

[wilatemodel]

@danz177 ...Zeitgeist is racist movement.

[danz177]

@wilatemodel It's "Zeitgeist is "a" racist Movement". If it were true then they wouldn't have spent the last 3 years trying to introduce ideas to help eventually eradicate poverty, something majority of Black people suffer in. I think that's a very surface and simple accusation, which is baseless and ineffective, why don't you provide a little more insight.... PLEASE?

[danger0usknowledge]

Thomas Friedman (NY Times columnist) is married to a woman who was a billionaire & whose family owned GGP the largest mall owner. The family trust declined from 4.6 billion to 25 million. Tom (units of time) Friedman makes $50,000 per speech sells lots of books so they probably switched rolls the other way.

[ln4359]

good coverage, seeing more of this as 2010 winds down. have a feeling 2011 will be worse

[Bonigee]

It's sad!! Wow! I remember when it was hard finding a parking space at Brookdale mall . This was the first ever mall built in the suburbs of Minneapolis. They did major upgrading and it still looks good. Sears was still there in July 2010. Thanks for posting this. I was driving around it like you in July and I felt like I was in a ghost town. creepy !! I grew up here.

[62636263c]

We had a big mall like that go bankrupt in Southern Indiana. Bass Pro bought the whole and built a huge store in the place. I can't believe how big that place is.

[slobomotion]

My friend in LA does not believe ghost malls exist but this has been developing for nearly a decade.  My friend in LA thinks his center city world is fine.

[MrKillswitch88]

I just went by two pawn shops and they are jammed full of hawked stuff.

[rayofminneapolis]

I used to go there. I think it's a combo of poor neighborhood + planed gentrification. Like how they did to Apache Plaza (in another kinda poor neighborhood)

I'd love to buy any of those foreclosed homes, but as soon as you inquire, a flag goes up and the Non-profits snatch them, and either demolish them or rehab and put them back on the market for $60,000 MORE. The non profit real estate market is a criminal racket, I tell ya.

[albc1964]

@rayofminneapolis Non profit real estate market is a criminal market... I liked your whole comment but these words especially... kinda reminds of the scandal with the organization called ACORN. According to many law enforcement officals that I know confidenatlly; that ACORN mess is only the tip of the hidden fraud iceberg.

[MOUNTAINOUS]

were going under. good think i bought lots of guns and ammo and have been training in survival for years. anyone reading this comment go to my channel to see how to get ready

[valhala56]

PimpClub, your fast on George4Title's coatails for master of Gloom and doom on YouTube. Of course George has got himself a gig on RussiaToday. On the other hand you don't have the Jonathon Lebed baggage.

[weapons33]

@valhala56 hi mate,, your right g4t massive doom and gloom.. dont know i watch this guy..hes always a few days behind the news

[skyding8962]

@valhala56

yeah but pimpclub is a family man. George is busy sticking his wife in his mother laws shack, running all over the country, drinking beer and smoking while his kids can't even get toys or clothes. George is scum.

[hvanoorschot]

Amazing; but a good place to go when zombies arrive. ;)

[chevypimp80]

brockdale is closed wow

[2010MsBambi]

What?? The Church is broke?? lol It's about time....our priorities are all messed up.

This is where our conditioning takes place...buy, comply, obey, consume....nuff said.

[sdfkjllshadflhadfshl]

I noticed George4title did a clip on how some homes are being demolished for the raw materials. It reminded me of the clip you showed a few weeks back where they were destroying new homes. I wonder if they are related.

[zeek561]

good shit

[killersp1974]

Just another sign of the times Good Bye ole American Dream!!

[jcattera]

Beautiful mall! It's ashame it's going to turn to shit soon.