Shopping center giant pulls out of San Francisco l GMA



Westfield, which owns the city’s largest shopping mall, defaulted on its $558 million mortgage and is turning the property over to lenders, citing declining sales and foot traffic in making the decision. SUBSCRIBE to ABC News on YouTube: https://bit.ly/2vZb6yP Latest Updates: http://abcnews.go.com/ Watch FULL EPISODES on Hulu: http://abcn.ws/3bzvQQn #news #sanfrancisco #westfield #retail #abcnews

Original source (ABC/Youtube)

31 comments

  1. San Francisco is the new Detroit ! πŸ˜‚

  2. Ha ha!
    🎼…..I left my turd in San Franfece…..🎡🎡🎡🎡🎡
    Who would have thought that SF turns into a dump. It's incredible.
    When the gays start leaving, you know it's over.

  3. The only people staying is the homeless

  4. SF voters caused this. They put these blue ribbon winning ass clowns in power. Of course, the voters believe in the same incredibly stupid policies, so everyone should be happy.

  5. That place used to be nice n now it sucks lol

  6. The san francisco Mayor are not answering the right question that to bad

  7. She is so out of touch and stays completely away from the mission!

  8. Joe Biden’s AmericaπŸ‘ŽπŸ‘Ž

  9. That Mayer had me laughing so hard πŸ˜‚
    "you are only talking about the people leaving, not the ones staying and expanding"
    Like who? Robbers, Murderers, Drug Dealers, Homeless…?
    Yes we are. WE have been talking about them for years, but YOU still don't πŸ˜‚πŸ˜…

  10. My nephew had to attend the convention meeting with Stanford meeting in fair mount was very fearful outside all homeless in the street area by fairmont hotel it not safe.

  11. Now these idiots will come to our towns and destroy them in the name of……..

  12. The person in charge of allowing this problem to happen is NOT the person that can fix it.

  13. Stupid politicians haven't realize where their money come from.

  14. Democrat policy…..where evreything is permit……SF is the future Detroit

  15. Enjoy the doom loop San Francisco! It starts gradually then collapse suddenly. Welcome to the suddenly part where there is no hope for recovery πŸ˜‚πŸ˜‚

  16. I'm hoping that the city will convert all of that unused retail space into affordable housing and shelter for the unhoused. San Francisco has an opportunity here to become a beacon of hope and serve as a model for other sanctuary cities to follow.

  17. The mayor was so infuriated about covering the story of absolute decay that she reverted to talking points about the people dumb enough to continue to live there

  18. Just wait until they place Gavin Newsome as president. He wants to turn America into California. He will turn America into a leftist shithole if the Delaware Dim Bulb doesn't do it first.

  19. Notice the mayor doesn't mention who is moving to San Francisco its drug addicts from around the county and South America cartel to sell the zombies the drugs aka medicine if your a brainwashed demorat

  20. He miss states his first commitment san francisco is zombie land has been for a few years now they just let idiots run wild

  21. Westfield said it is selling ALL USA malls in the next couple years. The mall's loan was underwater and opted to use that as a tax write off as they pull out of the US. That mall gets pretty busy, but the new owners will need to invest to lure local shoppers to the now dated mall experience

  22. Thank you Nasty Pelosi.

  23. Too dangerous at any hour homey!

  24. SF is so poorly run. Their residents need to start electing competent leaders or this will keep happening.

  25. Wife's family is from there. Raging Liberals. They blame it ALL on just the major. Can't fathom it goes all around to Newsom, Pelosi, Democrats, Liberals and RINOs. San Francisco is a like a company from the 80s and got sold out piecemeal to make a few people super rich.

  26. 😞 failure of the leadership in government

  27. INFLATION. THIS HAS BEEN GOING ON SINCE THE 2008 FINANCIAL CRISIS> THE FEDERAL RESERVE ADDED EVEN MORE GASOLINETO THE FIRE.

  28. London Breed is the biggest piece of trash in San Francisco.

  29. Love to see datπŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚

  30. Conspiracy theory, think again