New York is giving Greece $5M to buy part of the local mall and build housing

The town of Greece plans to buy 13 acres of the parking lot at the back of The Mall at Greece Ridge — then offer the property up for senior housing and other development.

That development is likely years away, officials said. Other development options include office and retail as well as community spaces.

New York state is providing a $5 million grant to cover the purchase price. The mall property is valued slightly higher, so town Supervisor Jeff McCann said mall owner Wilmorite Properties will receive credit for the difference, though it was not immediately clear how that would be applied…

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