Department Stores Show Sluggish First-Quarter Performance
Department stores had a weak first quarter due to a slowdown during the all-important holiday season, according to a Moody’s report.
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Category: Real Estate
Rockland County real estate, development
Nanuet TOD On Track To Pass June 25th
Clarkstown is on the cusp of rezoning the heart of Nanuet’s business district from a pastiche of industry and fallow land into a cluster of dense residential housing and light commercial that is designed for walkability and train use.
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Nyack’s Former River Club To Be Razed
Nyack’s Village Board’s voted last week to tear down the distressed building.
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Proposed County Law To Allow County To Lease Space To Nonprofits
Rockland County legislators have proposed a law that would streamline the process for nonprofits to lease space in county buildings.
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Maria Luisa Turns Accessory Shop Into Community Space
Maria Luisa Boutique, Nyack’s eclectic mix of fair trade and ethically sourced fashion products, is converting its next-door accessory shop to an experiential location for workshops and conversations.
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Barnes & Noble Bought For $683 Million
The owner of U.K. bookseller Waterstones has agreed to buy Barnes & Noble for roughly $683 million, the companies said Friday.
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Rockland County Approves Green Energy Financing Program
Rockland County Legislature last night unanimously passed legislation enabling commercial property owners to finance clean-energy projects.
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Forever 21 Explores Options As Retail Sales Decline
Forever 21 is exploring restructuring options to shore up its liquidity as the fast-fashion giant struggles with its business. The company is in talks with private equity firm Apollo Global Management about raising debtor-in-possession funds to provide financing should it file for bankruptcy. The talks come as the apparel industry continues to struggle amid sweeping changes, […]
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J. Crew Closing 20 Stores
Retailers Continue To Feel Brunt Of E-Tail, Changing Shopping Habits J.Crew Group is moving forward with plans to close about 20 J.Crew and factory stores in 2019, adding to the net closure of 34 stores last year. There is a J. Crew store at the Shops of Nanuet but the company will not specify which […]
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Palisades Center Loses Federal Claims; Will Center Take Fight To State Court?
The owners of the Palisades Center have lost their claims based on federal law to lift restrictions that prevent the mall from expanding but have options moving forward including appealing the district court decision to the Second Circuit Court of Appeals, and/or they can also take their state law claims to Rockland County Court.
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