Rockland County real estate, development
The statistics are alarming and the writing is on the wall for some retailers with Rockland locations that have been cornered by debt, obsolescence, and declining mall traffic.
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Forever 21 filed for bankruptcy protection on Sunday. The company will close up to 178 stores in the United States as part of its restructuring.
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The national retail apocalypse is impacting Rockland County, and particularly Clarkstown where recent store closures include Lord & Taylor, Fairway, Sears, Macy’s, Toys R Us, and more.
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Fairway Market has been put up for sale again, according to Bloomberg.
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Orangetown last week held its first public hearing on a proposal to rezone the heart of Pearl River’s downtown district into a train-oriented hub of density housing, retail and commercial space
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Mendez wants to make her “home” a better place by sponsoring Barks N Brews, a festive arts-driven event to raise money to improve the path that runs alongside the creek behind the Garnerville complex.
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The Brooklyn group that is under contract to purchase the HNA Training Center in Palisades from the Chinese-owned property, has defaulted on its contract and is seeking relief in the bankruptcy court to buy itself 60 additional days to find the funds to close.
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Forever says it was not planning to file for bankruptcy on Sunday, describing the report as “inaccurate” and says it planned to continue operating the “vast majority” of its stores.
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Lord & Taylor at the Palisades Center is closing its doors on January 29th, 2020, according to a salesperson at the store. The closure is another blow for The Palisades Center, where former anchor J. C. Penney remains vacant.
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Walmart this week said it will stop selling ammunition that can be used in military-style assault rifles and would discourage customers from openly carrying guns in its stores
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