SANBORN, NY-- The Niagara County Industrial Development Agency unanimously approved $700,000 in tax breaks for the Summit Mall property in Niagara Falls.
The move doesn't sit well with some.
"For malls to get tax breaks once is bad enough, but twice is really not good economic development practice," said Sam McGovern, the co-director of the Partnership for the Public Good.
The former owner of the mall got $2 million in tax breaks, part of a deal that ended in 2011. And the former owner went bankrupt. As for the mall -- it flopped. For years, the Summit Mall has remained mostly vacant, and has grown into an eyesore. Still, the Niagara County IDA believes the mall has potential.
"We think this is a good project for the community, good project for Niagara County," said Henry Sloma, the chairman of the IDA.