Rockland County real estate, development
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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The Town of Stony Point is set to sell the former Letchworth Village and Patriot Hills Golf Course to a group of developers who hope to build a luxury hotel and conference center on the site.
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A national developer is in talks with both a landowner and the Town of Clarkstown over building 225 housing units in the newly zoned “Transit Oriented Development” in Nanuet.
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New provisions in the code allow for bonus depreciation of certain reclassified assets, and an expanded definition of Section 179 property.
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