NEW YORK — Damon Hemmerdinger, the owner of The Mall at Atlas Park in Glendale, N.Y., made headlines last year when he gave away $20,000 — mostly in $1 bills — to random shoppers in an effort to spark the economy. Now, he’s making news again, but for less positive reasons.
The president of Atco Properties & Management defaulted on a loan payment that was due to French banks Société Générale and Caylon. Effective Feb. 19, the project’s lenders will take over the mall from Hemmerdinger.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"