Taubman sells former Cerro Wire property to Simon

Area residents during rally on Aug. 5, 2000

Area residents during rally on Aug. 5, 2000 outside the closed Cerro Wire property on Robbins Lane in Syosset where they protested against the proposed development of a mall at the site. (Credit: Newsday / Ken Sawchuk)

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Taubman Centers Inc. announced Friday it has sold the 39-acre site to archrival mall developer Simon Property Group, which last year purchased the adjoining property from the town and has promised to build a mixed-use development with little retail there.

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