Rockland County real estate, development
The Brooklyn group under contract to purchase the HNA Training Center in Palisades from the Chinese-owned property has been given more time to close on a deal that stalled last month
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Simon Property Group, owner of Woodbury Commons and the Shops at Nanuet, does not appear to be interested in the construction of a new train station at Woodbury Commons
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GameStop, the world’s largest game retailer, is closing 180 to 200 stores worldwide by 2020 but it is unclear how that might affect Rockland County’s three locations
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Teenagers or Gen Xers are spending less as they worries about the economy become more potent
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Rockland Developer Alexander Property Holdings has bought Spring Valley Marketplace for $59.3 million and the shopping center will allocate nearly 100,000 square feet to house a Bingo Wholesale,
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The Town of Ramapo Planning Board is reviewing plans by the Jehovah Witnesses to build a 1.5 million square-audio-visual production center on land partly in Tuxedo but mostly on 242 acres in Ramapo.
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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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