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Rockland County Business Journal

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Author: rcbizjournal

More Time Needed To Fight Virus; Return To Normalcy Remains Elusive, Say New Yorkers

April 28, 2020April 30, 2020rcbizjournal

By a 92-8 percent margin, voters support the Gov. Andrew Cuomo’s order requiring face masks or coverings in public and by 87-11 percent they support his decision to extend New York ‘On Pause’ until May 15.

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lockdown

Just How Legal Is Lockdown For New York Businesses?

April 27, 2020April 30, 2020rcbizjournal

The Governor’s closure orders distinguishing between essential and non-essential businesses created a bright line rule to determine which business could operate. 

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palisades mall

Pyramid Group, Owner Of Palisades Center, Eyes Last Minute Solutions To Avoid Mortgage Default

April 26, 2020May 19, 2020rcbizjournal

Bankruptcy is looking like a probable outcome for The Pyramid Group but Hail-Mary negotiations have been underway through the weekend to keep the mall developer from the bankruptcy court, according to a source close with knowledge of the dire situation.

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covid-19

A New Landscape: The Pandemic Era In Pictures

April 23, 2020April 29, 2020rcbizjournal

Life limps on at limpid pace while we wait for some return to “normal.” Who knows what normal will look like? The Bowtie Cinema sign says “Be Back Soon.”

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harley-davidson

Harley-Davidson On Route 304 Clears Out And Hits The Road

April 22, 2020April 28, 2020rcbizjournal

The Harley-Davidson dealer on Route 304 in Nanuet has packed up and hit the road. A victim of the coronavirus pandemic, the dealer has consolidated its operations at its Rochelle Park, Bergen County location.

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funerals

Rockland Florist, Which Caters To Funerals, Hurt By Pandemic

April 21, 2020April 27, 2020rcbizjournal

Rockland Florist, renowned locally for its spectacular floral creations sought after for funerals, has seen business fall off by nearly 80% over the past six weeks

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business interruption insurance

Will Business Interruption Insurance Cover Pandemic Losses?

April 20, 2020April 26, 2020rcbizjournal

Many brokers and insurers have reflexively said there is no coverage and have discouraged policy holders from filing claims but doing so now could protect you down the road.

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palisades center

Distressed Palisades Center Could Find Quick Buyer But At Deep Discount

April 18, 2020April 23, 2020rcbizjournal

The Palisades Center could go into foreclosure by mid-summer if owner Pyramid Management Group does not find a buyer, according to an inside source at J.P. Morgan.

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Palisades Center

Palisades Center Mall Default Imminent

April 17, 2020rcbizjournal

Its massive debt of $388.5 million has been transferred to a special CMBS servicing unit because of “imminent monetary default.”

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siena poll

Grim Outlook For NY’s Upstate Businesses In Short Term; Most Expect To Survive

April 17, 2020April 21, 2020rcbizjournal

Only 31 percent of CEOs expect the New York State economy to return to pre-virus levels of revenue and employment within the next six months according to an Upstate New York Business Leader COVID-19 Survey from Siena College Research Institute (SCRI), sponsored by the Business Council of New York State, Inc.

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