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The Philly area’s biggest mall owner furloughed employees and got coronavirus cash. Executives aren’t feeling the pain.

The owner of the former Gallery at Market East and other big malls will refill its multimillion-dollar supply of stock for executive payouts, even as the company furloughed employees and received coronavirus relief money.

The Fashion District, formerly The Gallery at Market East, on Sept. 19, 2019. Owner PREIT's stock has struggled mightily, but executive compensation has not.
The Fashion District, formerly The Gallery at Market East, on Sept. 19, 2019. Owner PREIT's stock has struggled mightily, but executive compensation has not.Read moreTom Gralish / File Photograph