The Blumenfeld Development Group is now the sole owner of the Hunts Point Mall after buying Prusik Group’s stake in the property for $35.6 million.
The developer bought Prusik’s 30 percent interest in 925 Hunts Point Avenue, a 40,000-square-foot shopping center in the Bronx, records filed with the city’s Department of Finance on Tuesday show. Rohan Mehra, principal at Prusik, said that the company, which is an affiliate of Taconic Investments , partnered with Blumenfeld in 2012 after the property was rezoned to promote mixed-use development in the area.
Construction started last year, and tenants just started to move into the mall, which is expected to open later this year. Tenants of complex, dubbed “The Crossing,” include McDonald’s, Red Lobster, Dollar Tree and Bank of America.