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Inside Long Island Business

Get the latest news and trends on Long Island companies and the people behind them.

Mall at the Source to be sold at auction

The Mall at the Source is slated to be sold at a foreclosure auction on Aug. 28, according to PropertyShark.

The long-troubled retail center is burdened with a $124 million mortgage, according to a report by Trepp, which tracks commercial mortgages. An appraisal last year valued the property at $90 million “as is,” Trepp reported. PropertyShark reported the outstanding lien is $141.9...

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