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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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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The value of overall retail sales fell 8.7% from the prior month, the biggest decline in records dating back to 1992, according to Commerce Department data released Wednesday
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Two Rockland small businesses that have received emergency relief from the government this week were surprised and delighted but neither business owner knows whether the funding will be enough to mitigate potential long-term damage the coronavirus may have on the economy.
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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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