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Paramus Ann Taylor Owes Mall $61K In Property Taxes

PARAMUS, N.J. — Ann Taylor in the Garden State Plaza is being accused of failing to pay its property taxes, NJ.com reports.

Ann Taylor at the Shops at Riverside in Hackensack could close.

Ann Taylor at the Shops at Riverside in Hackensack could close.

Photo Credit: Google Maps

The mall filed a suit against the retailer on July 24, saying that it owes more than $61,700 in taxes since 2016, the article says.

Ann Taylor's agreement with the mall is that it would pay $237,600.48 in rent for the first year, with annual increases through 2028, NJ.com says.

The company that owns Ann Taylor plans on closing up to 650 locations over the next two years.

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