Rockland County energy, industry, transportation
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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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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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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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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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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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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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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Businesses across Rockland and beyond are nervously fretting over the authenticity of promises the government has made to bail them out at a time when the economy has virtually been shut down.
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Businesses should not presume that insurance policies are written in stone. To begin, dust off your policies and call your agent or broker.
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For many like Bridges, president of Proactiv, a Blauvelt-based audio/video company that provides corporate entities setups for meetings and events, the coronavirus pandemic has caused a grievous interruption to a successful 20-year business and leaves questions about its recovery.
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