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At Home Files for Bankruptcy; Nanuet Location Not On First Closure List
The home goods retailer At Home will close 26 “underperforming” stores by the fall, after filing bankruptcy on Monday, according to the company.
“At Home Group Inc., a furniture and home decor retailer based in Coppell, Texas, is taking steps to strengthen its financial foundation and position the business for long-term success while continuing to serve its customers,” the company said.
Court documents state that rising interest rates, “persistent inflation” and a growing concern over unsustainable customs costs resulting from increased tariffs, led At Home to file for bankruptcy.
In Feb. 2021, At Home opened its 101,488-square-foot location at the Shops at Nanuet today on the ground floor of the former Macy’s department store.
At Home has already closed six stores over the past year. Stores in Rego Park and the Bronx are slated for closure.
“Given the expenses associated with brick-and-mortar operation and the issues affecting the retail industry, a number of the (At Home) remaining stores are operating at sub-optimal performance levels,” court documents said.
The bankruptcy filing and store closures join other big box retailers that have closed store this year, including Big Lots, Joann Fabrics, Kohl’s, JCPenney, Macy’s and Party City.
At Home has entered into a Restructuring Support Agreement (the “RSA”) with lenders holding more than 95 percent of the company’s debt that sets forth terms of a prearranged financial restructuring that will eliminate substantially all of the Company’s nearly $2 billion in funded debt and provide a capital infusion of $200 million to support the Company through its restructuring process and beyond.
The company will be transferred to the lenders supporting the RSA and provide the Company with new capital, including funds affiliated with Redwood Capital Management, LLC, Farallon Capital Management, L.L.C., and Anchorage Capital Advisors, L.P.
“We are pleased to have reached this agreement with our lenders, which represents a critical and positive advancement of our work to best position At Home for the future,” said Brad Weston, Chief Executive Officer of At Home. “Over the past several months, we’ve taken deliberate steps to strengthen the foundation of our business – sharpening our focus, elevating our customer value proposition, and driving operational discipline. These efforts are aimed at delivering sustained sales growth, optimizing our inventory management, improving efficiency, and enhancing overall profitability.”
Dominican University Named 2025-26 College of Distinction
Dominican University New York has been named a 2025-2026 College of Distinction, a designation awarded to schools whose commitment to engaged, experiential education is acknowledged.
This recognition is based on Colleges of Distinction’s evaluating criteria known as the Four Distinctions: engaged students, great teaching, vibrant community, and successful outcomes. Through extensive research and interviews, Colleges of Distinction identifies institutions that make a meaningful impact on students’ lives.
“We are proud to be recognized by Colleges of Distinction for the past 11 years for creating an environment where students thrive and reach their full potential, because we have a supportive atmosphere, engaged faculty, and provide practical experience for students with clinicals and internships,” said Manuel Martínez, Ph.D., President, Dominican University New York.
Colleges of Distinction also named Dominican University as a Catholic College of Distinction and recognized its undergraduate business, education, and nursing programs for excellence. The University earned the Business College of Distinction, the Education College of Distinction, and the Nursing College of Distinction honors for 2025-2026. In addition, Dominican University received an award from Colleges of Distinction that recognizes colleges and universities that provide strong support for international students. In the 2024-2025 academic year, Dominican University New York enrolled 44 international students from 24 countries.
“We’ve never believed in ranking schools,” said Tyson Schritter, Chief Operation Officer at Colleges of Distinction. “Our goal is to celebrate institutions that help students find their place, their purpose, and their potential.”
Blackstone Acquires Safe Harbor Marinas in Haverstraw
Blackstone Infrastructure (Blackstone), an active investor in the water infrastructure sector, completed its acquisition of Safe Harbor Marinas (“Safe Harbor”), the largest marina and superyacht servicing business in the United States, from Sun Communities, Inc. for $5.65 billion.
Heidi Boyd, a Senior Managing Director in Blackstone’s infrastructure business, said, “We’re pleased to close this transaction and look forward to working with Safe Harbor’s terrific team to further develop their existing marinas and strategically scale their platform.”
“Blackstone offers a world of opportunity to Safe Harbor, and we couldn’t be more excited for the journey ahead,” said Baxter Underwood, CEO of Safe Harbor. “We are eager to pursue growth opportunities while maintaining our people-first culture and strong relationships with the local communities in which we operate, and we thank Sun Communities for its partnership over the past five years.”
In 2022, Safe Harbor was negotiating the purchase for the 58-acre, 1000-slip marina property on Beach Road from the Town of Haverstraw for $14.1 million dollars. SHM Haverstraw, a Delaware LLC, has been operating the marina since 2019. Safe Harbor Marina operates scores of waterfront facilities nationwide.
In October of 2022, Safe Harbor Haverstraw filed an application with the Rockland County Industrial Development Agency for a sales tax exemption and a PILOT (payment in lieu of taxes) agreement for the $50 million renovation of Beach Road in West Haverstraw.
The acquisition and renovation of the marina may be back on the table with the purchase of Safe Harbor by Blackstone.
