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Rockland County Business Journal

Rockland County Business Journal

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Category: Real Estate

Rockland County real estate, development

house sales Q2 2020

Residential Sales Hard Hit In Q2 2020 But Brokers Expect Healthy Recovery

July 6, 2020July 10, 2020rcbizjournal

Rockland County sales were down 24.1% or 482 sales compared to 635 sales in Q2-2019

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palisades center

Referendum On Palisades Center Hangs On Passage Of Assembly Bill To Amend Election Law

July 6, 2020July 9, 2020rcbizjournal

A referendum to allow expansion at the Palisades Center, which has been bedeviled by a protracted coronavirus shutdown, will be voted on at the Town of Clarkstown’s July 14th meeting.

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malls closing

Growing List Of Closures & Bankruptcies Imperils Malls

June 29, 2020July 3, 2020rcbizjournal

Coresight Research estimates 20,000 to 25,000 stores could permanently close in the U.S. this year, with 55% to 60% of those closures in malls.

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commercial leasing

It’s Darwinian Out There: Landlords Who Are Flexible Will Survive

June 25, 2020July 1, 2020rcbizjournal

As the world reorders itself, as retail shakes out, and the office market recalibrates, landlords want to work with prospective tenants in ways they’ve not done so in the past to ensure tenancy.

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karniol

Nyack College Joint Prospective Purchaser Is Prolific Rockland Condo Builder

June 25, 2020July 1, 2020rcbizjournal

The prospective buyers of Nyack College are a joint partnership between a Kaser-based “Vizhnitz” yeshiva and the market-rate condominium developer and Rockland resident Berel Karniol, according to sources with inside knowledge.

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nyack college

Nyack College In Contract To Sell To Yeshiva For Up To 300 Students

June 24, 2020July 1, 2020rcbizjournal

The Nyack College campus will become an all-boys Hasidic Yeshiva if negotiated contract with an upstate entity is brought to fruition.

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may retail sales

Retail Sales Spiked In May But Economy Still On Uncertain Path

June 22, 2020June 25, 2020rcbizjournal

Retail sales spiked 17.7 percent in May, an early sign that the economy may recover from the economic crisis brought on by the coronavirus pandemic.

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palisades center

Majority Of Clarkstown Council Wants Voter Referendum On Palisades Center On Nov. Ballot

June 16, 2020June 18, 2020rcbizjournal

Clarkstown has until August 3rd to decide whether it will put a referendum on the Nov. 3rd ballot for voters to allow The Palisades Center to expand into its unused space.

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zinburger

Shops At Nanuet Will Likely Lose Zinburger Wine & Burger Bar

June 11, 2020June 18, 2020rcbizjournal

Zinburger Wine & Burger Bar, a franchise restaurant owned by the Briad Group in Livingston New Jersey, is planning to close its doors except its Clifton, New Jersey location.

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landlords

New York Landlords Take It On The Chin

June 10, 2020June 15, 2020rcbizjournal

Landlords are still expected to meet their financial obligations. There is no relief for their mortgages, taxes, insurance, utilities, and staff.

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