CENTURY THREE SMALL.>>ABOUT THREE MILES. DAVID: AND HATES TO SEE ITS
DECLINE.>>NOW THERE IS NOTHING HERE. VERY DISHEARTENING. DAVID: THE MALL REMAINS CLOSED
AFTER ISSUES WITH ITS FIRE
SUPPRESSION SYSTEM LAST WEEK,
JUST EMBLEMATIC, DIANE SAYS, OF
ITS ISSUES. BUT TODAY A GLIMMER OF HOPE.>>I HEARD AROUND NOON TIME THAT
IT WAS SOLD. DAVID: SO DID WE. THIS MORNING, MOONBEAM CAPITAL,
THE COMPANY THAT OWNS THE MALL,
POSTED ON ITS WEBSITE THAT
CENTURY 3 MALL WAS SOLD. BY EARLY AFTERNOON, THE RED
BANNER WENT AWAY, THE STATUS QUO
REMAINED.>>TO BE HONEST, I DID NOT PAY
MUCH ATTENTION TO IT. DAVID: BRIAN KAMAUF IS THE
BOROUGH MANAGER WHO SAYS HE HAS
RECEIVED NOTHING OFFICIAL ABOUT
A SALE, JUST A $5 MILLION LINE
OF CREDIT THAT MOONBEAM CAPITAL
WAS GIVEN IN A BANKRUPTCY COURT LATE LAST WEEK. KAMAUF SAYS HE HASN’T HEARD A
PEEP FROM THE COMPANY IN YEARS.>>WE ARE WILLING TO WORK WITH
ANYBODY, WITH OTHER BUSINESSES
IN THE COMMUNITY, TO REDEVELOP
REESTABLISH, BUILD SOMETHING
HERE. DAVID: PITTSBURGH’S ACTION NEWS
4 MADE MULTIPLE EFFORTS TO REACH
OUT TO MOONBEAM CAPITAL AND
MANAGEMENT AT THE MALL.