Page 175 – Rockland County Business Journal

Retail’s Darwinian Landscape Narrowing The Field; Trump’s Tariff’s Not Helping

May 16, 2019rcbizjournal

Some 17% retailers covered by S&P Global remain financially vulnerable, according to a report this week from the ratings agency. Big boxes and chain restaurants make up the most significant portion of the distressed companies.

Senators Skoufis and Carlucci Announce $499,999 in Funding for Rockland BOCES Program

May 15, 2019rcbizjournal

Rockland BOCES will receive $499,999 in state funding for workforce and educational development programs.

Pending Legislation May Constrict Stretch IRA

May 15, 2019May 21, 2019rcbizjournal

While it has been passed by the House Ways and Means Committee, it may not be good news for anyone planning to utilize a stretch IRA – a very popular wealth-transfer/tax-minimization tool.

Will Lord & Taylor Survive Potential Sale By Parent Company Hudson’s Bay?

May 15, 2019rcbizjournal

The fate of Lord &Taylor, which closed its flagship store earlier this year, is up in the air. Hudson’s Bay, which owns Lord & Taylor and Saks Fifth Avenue, has hired a financial adviser to review Lord & Taylor’s business, and that review could lead to a sale or a merger.

Is Nyack’s Former River Club Going To Be Torn Down?

May 14, 2019June 16, 2019rcbizjournal

Does Nyack’s former River Club have a date with the wrecking ball?That will likely be determined at the Village Board’s next meeting on May 23rd when the trustees have anticipated cost estimates for demolishing the distressed building.

Suez Removes Fuel Tanks From Relocation Plan

May 13, 2019May 27, 2019rcbizjournal

Responding to public pressure, Suez New York has reversed course and decided not to install fuel tanks on land it plans to lease at the former Tilcon site at 162 Old Mill Road in West Nyack.

NYS CFA Grant Funding Process Opens

May 12, 2019rcbizjournal

Governor Andrew Cuomo’s REDC Round 9 initiative has been announced, with $750 million in state economic development resources available to fund regional economic development projects through the Consolidated Funding Application (CFA) process.

Experts from Rockland & Westchester Talk Digital Marketing At RBA Breakfast Event

May 12, 2019May 15, 2019rcbizjournal

Five marketing executives from Rockland and Westchester Counties will hold a discussion on digital marketing for businesses on May 21st from 8 a.m. to 10:30 a.m. at the HNA Palisades Premier Conference Center

Party City Shuttering 45 Stores Nationwide

May 12, 2019rcbizjournal

Westchester-based Party City will close 45 stores in 2019, the company said last Thursday when announcing its financial results for the first quarter of 2019.

Suez Proposal To Relocate Draws Ire From Community

May 9, 2019May 22, 2019rcbizjournal

Suez NY on Wednesday presented a plan to lease space, build a storage facility and install above-ground gas tanks at the former Tilcon headquarters on the eastern side of Old Mill Road in West Nyack.

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