Rockland County real estate, development
Two Rockland small businesses that have received emergency relief from the government this week were surprised and delighted but neither business owner knows whether the funding will be enough to mitigate potential long-term damage the coronavirus may have on the economy.
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Businesses across Rockland and beyond are nervously fretting over the authenticity of promises the government has made to bail them out at a time when the economy has virtually been shut down.
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Businesses should not presume that insurance policies are written in stone. To begin, dust off your policies and call your agent or broker.
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Smart landlords are doing more than offering rent abatement to tenants during this unprecedented time of upheaval. Instead, they are hiring small business consultants to help tenants navigate federal loan assistance programs because rent abatement may not be enough to salvage a tenancy
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Just over half of New Yorkers, 51 percent, are concerned with being able to meet their monthly financial obligations and 37 percent of all New Yorkers, 46 percent of those 18-34 years of age and 48 percent of those 35-49 years of age, are concerned with being laid off
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There are millions of leases in place on commercial property. Most have incorporated considerations for scenarios from A to Z. But not necessarily a widespread and devastating health pandemic.
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Retail workers livelihoods are under siege as the industry battles the financial fallout from the COVID-19 pandemic.
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The offer is in response to a call put out by Sen. David Carlucci (C-Rockland/Westchester) who is asking hotels and motels in Rockland and Westchester counties to participate in the effort to ease the burden for healthcare and EMS workers.
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On Feb. 19, 2020, a new law went into effect known as SBRA, or the Small Business Reorganization Act of 2019, also known as “Subchapter 5” to be filed in the United States Bankruptcy Court.
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Health concerns are paramount amidst the outbreak of coronavirus (COVID-19), but business owners are rightly worried about the economic impact they are already feeling. Business owners should take proactive steps immediately to mitigate potential economic fallout.
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