Construction of the New Jersey mall began in March 2005, but the opening date was pushed back and the mall's parent company went bust in 2007. A slew of poorly executed hand-offs, bankruptcies, litigation, and countless other issues, including the partial collapse of the roof, further delayed the megaproject. It finally opened its doors in 2019, just months before the pandemic hit, and a shocking 13 years behind schedule.
Now fully open, the American Dream Mall isn't doing well. In 2022, its losses quadrupled to $245 million (£200m) as it struggled to attract tenants and customer traffic declined.