What Will Cost More: Bringing Suit Or Walking Away?
Business owners will be forced to decide do I spend money litigating to save my business or will litigating ultimately sink my company?
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Category: Real Estate
Rockland County real estate, development
STORY UPDATED: Nyack College Has A Buyer; Sale Contingent On Residential Permit
There’s a potential buyer for the Nyack College Campus but it will not move forward unless the buyer is granted a special permit to allow for residential use of the existing buildings.
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J. Crew Files Chapter 11 Bankruptcy; Pandemic’s First Retail Casualty
J.Crew is the first company to file for bankruptcy during the COVID-19 pandemic and analysts expect the list will grow longer.
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Palisades Center Unlikely To Make May Mortgage Payment: Tenants Not Paying May Rent
More than half of all mall-based department stores could close by the end of 2021, according to Green Street Advisors.
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Tax Atty David Wilkes Talks Taxes Amid The Covid-19 Crisis
The new normal will force us to grapple with a sharply depressed market as well as abatements.
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More Time Needed To Fight Virus; Return To Normalcy Remains Elusive, Say New Yorkers
By a 92-8 percent margin, voters support the Gov. Andrew Cuomo’s order requiring face masks or coverings in public and by 87-11 percent they support his decision to extend New York ‘On Pause’ until May 15.
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Just How Legal Is Lockdown For New York Businesses?
The Governor’s closure orders distinguishing between essential and non-essential businesses created a bright line rule to determine which business could operate.
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Pyramid Group, Owner Of Palisades Center, Eyes Last Minute Solutions To Avoid Mortgage Default
Bankruptcy is looking like a probable outcome for The Pyramid Group but Hail-Mary negotiations have been underway through the weekend to keep the mall developer from the bankruptcy court, according to a source close with knowledge of the dire situation.
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Harley-Davidson On Route 304 Clears Out And Hits The Road
The Harley-Davidson dealer on Route 304 in Nanuet has packed up and hit the road. A victim of the coronavirus pandemic, the dealer has consolidated its operations at its Rochelle Park, Bergen County location.
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Will Business Interruption Insurance Cover Pandemic Losses?
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.
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