Boulevard Mall escapes foreclosure through $97 million sale - The Buffalo News
The leinholders will hold the property until it can be sold to a new owner. I remember (pre-Galleria) when this was THE mall. Once the Galleria opened it was just a matter of time until it bit the dust.
Northtown Plaza nearby is undergoing a revitalization:
New life coming for Northtown Plaza in Amherst - WKBW.com Buffalo, NY
I think its a good area and whoever buys the Boulevard Mall will likely renovate it into more of a lifestyle center like Eastern Hills with some residential mixed in.