The building that New World Mall occupies was originally an
S. Klein department store, and then a
Caldor. After Caldor closed in 1999, the property was left shuttered until 2011. but this effort failed. Petitions to renovate the building into the New World Mall were filed in August 2009. The mall was partially reopened the following day after the violations were resolved by the building operators. In August 2023,
The City reported that New World Mall was connected to an illegal
straw donation scheme for New York City mayor
Eric Adams during and subsequent to his 2021 mayoral campaign. The report alleged that fraudulent donations were made to Adams in the name of mall workers to exploit New York's
matching funds program for political donations; the mall's banquet hall was additionally the site of multiple campaign fundraising events organized by Adams advisor
Winnie Greco. On February 29, 2024, New World Mall and Greco's two homes were raided by the
FBI as a part of their broader
investigation into the Eric Adams administration. At the time, the mall was operated by the family of Lian Wu Shao. ==References==