Page 157 – Rockland County Business Journal

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

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.

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.

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.”

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.

Retail Sales Plunge 8.7% In One Month; April Outlook Bleak

April 16, 2020April 20, 2020rcbizjournal

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

Two Rockland Businesses Receive EIDL Relief But Is It Enough?

April 15, 2020April 18, 2020rcbizjournal

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.

Show Me The Money: Small Businesses Want Government Help Now

April 14, 2020April 17, 2020rcbizjournal

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.

Your Business Insurance Policies May Not Be Fixed In Stone

April 13, 2020April 17, 2020rcbizjournal

Businesses should not presume that insurance policies are written in stone. To begin, dust off your policies and call your agent or broker.

Cuomo Says System For Filing Unemployment Benefits Claims Is Being Fixed

April 10, 2020April 16, 2020rcbizjournal

The New York State Department of Labor says anyone who is in the process of filing an application and was told to call back to complete their claim will not have to call back. NBC 4 is reporting that those trying to claim benefits should hear from a rep within 72 hours.

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