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Rockland County Business Journal

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Category: Development

Rockland County real estate, development

montclare

Two Nyack Residential Projects Gain Steam, One Remains Stalled

January 31, 2021February 5, 2021rcbizjournal

The Montclare apartment project on Midland Avenue and Main Street in Nyack is poised to move forward now that the developer has secured an $8 million building loan for the project. The Diana Place project has been revived but the waterfront Tidewater condominium project remains stalled. 

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hna

Town Of Orangetown Cooperating With HNA Palisades Center To Sell Property

January 27, 2021February 2, 2021rcbizjournal

The Town of Orangetown is working in cooperation with HNA Palisades Center to seek a developer to re-envision the 106 acres site on Route 9W in Palisades, according to outside counsel the town has hired to steer the destiny of the parcel.

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news brief

Colonial Plaza Shopping Center Sells For $4 Million; Self-Storage Supercenter Sells for $18 Million; Virtual Beer & Food Event Jan. 28

January 21, 2021January 27, 2021rcbizjournal

Congers Colonial Plaza Shopping Center Sells For $4 Million. DealPoint Merrill Sells Self-Storage Supercenter for $18 Million. On Tap Virtual Event Explores Local Beer & Cuisine; Next Event Jan. 28 at 7 pm

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HNA

UPDATE: Orangetown Puts Out Invitation To Developers To Reimagine HNA Palisades Premier Conference Center

December 28, 2020January 9, 2021rcbizjournal

The Town of Orangetown has put out an official invitation to the development community to reimagine the HNA Palisades Premier Conference Center in Palisades.

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south nyack vote

The 11th Hour — South Nyackers Have A Tough Decision To Make

December 14, 2020December 19, 2020rcbizjournal

many residents feel rudderless; they don’t know whether the sale of the college signals an unwanted transformation of the village’s character, or whether it doesn’t.

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lawsuit

Subcontractor For BOCES Jesse J. Kaplan School Pool Complex Files Lawsuit Against Insurance Company For Payment

December 4, 2020December 11, 2020rcbizjournal

Subcontractor Modular Space LLC (ModSpace), a Berwyn, Pa company, is suing QBE Insurance Corp. for $1.6 million for payment under a construction bond between the general contractor, ML Inc., and BOCES.

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palisades center

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.

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patriot hills golf course

Stony Point Expected To Authorize The Sale Of Letchworth Village & Golf Course

February 24, 2020March 3, 2020rcbizjournal

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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National Developer Eyeing Nanuet TOD Site For 225 Units

December 3, 2019December 10, 2019rcbizjournal

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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Trump Tax Law Benefits Real Estate Investors

Real Estate Investors Rejoice Over New Depreciation Opportunities

October 23, 2018November 9, 2018rcbizjournal

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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