Blackstone Eyes Blockbuster Deal With Skyview Mall Sale

July 11, 2025 | New York City

In a potential post-pandemic retail milestone, Blackstone has listed The Shops at Skyview in Flushing, Queens, for sale at a reported target of $450 million. If successful, the deal would rank among the largest retail transactions in the U.S. since COVID-19 disrupted brick-and-mortar commerce.

The Skyview retail complex, part of the Sky View Parc mixed-use development, is a high-traffic shopping destination in one of NYC’s busiest neighborhoods. The move suggests institutional investors are regaining confidence in premier urban retail centers.