No Way to Run a Mall

How could Palm Beach Mall, situated in one of Florida’s wealthiest counties, wind up in danger of shutting down? (Hint: It’s not shoppers’ fault.)

The Palm Beach Post reports that the mall, already facing a $55.4-million foreclosure, was in danger of having its power and water shut off late last month because somebody didn’t pay the utility bills. Mall owner Simon Property Group pointed to its mortgage servicer, Orix Capital, which responded that the landlord is still responsible for paying its own bills. Simon did ultimately cut a check just hours before a utility truck was to pull up.