by themselves in 1976 and remains to this day. In 1987, the Bamberger's brand was eliminated and the store was renamed for its parent corporation, Macy's. Anchor changes consisted of Caldor replacing Alexander's in 1986, Macy's replacing the former store Bamberger's in 1987, Lord & Taylor replacing the former store Hahne's in 1990, Stern's replacing Abraham & Straus in 1995 and Boscov's replacing Stern's in 2001. In 2010, Planet Fitness opened at Monmouth Mall. Monmouth Mall went through a significant expansion in 2009. In mid-2010, cosmetic renovations started at the mall including new tile, paint, lighting, and a complete overhaul of the food court. The renovations lasted until summer 2011. In 2012, Vornado Realty Trust announced plans to sell its portfolio of enclosed shopping malls. In August 2015, Vornado's fifty percent stake and management in the Monmouth Mall was sold to co-owner Kushner Companies for $38 million. On September 7, 2018, it was announced that Lord & Taylor would be closing as part of a plan to close 10 stores nationwide. The store closed in January 2019. On June 22, 2020, Crate & Barrel opened a temporary close out store on the 1st floor in the former Lord & Taylor space. It has since closed. In 2021, Brookfield sold the mall to Kushner Companies. In 2022, the mall announced that the parking garage would be demolished due to structural instability. In June 2022, it was announced that JCPenney would be closing at the mall in October 2022 which has been at the mall for 47 years opening in 1975 in the mall expansion wing. This left Boscov's and Macy's as the only anchors left. Redevelopment In February 2016, Monmouth Mall owner Kushner Companies announced conceptual plans to redevelop the mall into a pedestrian-friendly "live, work and play" development at a cost of approximately $500 million. The development, which would be renamed the "Monmouth Town Center" was proposed to include residential apartments, a hotel, retail space, entertainment, and dining options. The proposal also included an outdoor plaza, green spaces, and a biker- and pedestrian- friendly streetscape. The residential component was intended to include one and two bedroom apartment units to minimize impacts on local traffic and public school systems. Kushner Companies then-CEO Jared Kushner noted the decline of traditional enclosed shopping malls in the 21st Century and consumer trends of the Millennial generation as catalysts behind the redevelopment. On April 27