American Dream Mega Mall Lost $60 Million Last Year
- Pandemic stunts New Jersey mall’s revenue from attractions
- Mall had $173 million revenue and $232 million expenses
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American Dream, the struggling megamall near the New Jersey Turnpike, lost about $60 million in 2021, according to a securities filing.
The 3.5-million-square-foot shopping and entertainment complex, home to an indoor ski slope, amusement park and water park, generated about $173 million in revenue, mainly from attractions and rent. Expenses totaled $232.4 million, according to a three-page unaudited financial report.