MRA Secures Financing For Macy’s Building
Metropolitan Realty Associates LLC (MRA) and equity partner Angelo Gordon & Co. LP have secured a $23 million acquisition and construction loan for Macy’s at the Shops at Nanuet.
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Category: Real Estate
Rockland County real estate, development
Nyack College Offers Due March 29th
Less than two months after it released the sale prospectus for Nyack College campus, CBRE has announced a “call for offers” on March 29th.
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Family Dollar Closing 400 Stores In 2019
Family Dollar will close 400 stores this year on top of the more than 120 it closed it 2018.
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Victoria Secret Closing 53 Stores
Victoria’s Secret is shuttering a total of 53 stores, after closing 30 last year, to help right-size its operations, L Brands executives said
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Time Hotel Sold Today At Auction
The Time Hotel of Nyack today sold at auction for $18.5 million to Juniper Time LLC but the fate of the hotel won’t be settled until a court hearing before United States Bankruptcy Judge Robert D. Drain on March 25th in White Plains.
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Sen. Skoufis Helps Propel Letchworth Redevelopment Forward
Sen. Skoufis To Sponsor Bill To Remove Parkland Status From Portion Of Stony Point Golf Course
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Clarkstown Should Reduce Dependence On Retail
Clarkstown’s Route 59 retail corridor runs the risk of becoming a monoculture if it continues to over-rely on a homogenous mixture of retail and fast-food restaurants, particularly as large chains and big boxes are disappearing.
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K-9 Training Center Sited In Orangeburg
MSA Security, a company that deploys the largest squad of bomb-sniffing, signed a five-year lease several months ago for an 11,000-square-foot 2018-built warehouse in a corporate park in Orangeburg.
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Bradley Industrial Park For Sale In Bankruptcy Settlement
A bankruptcy trustee has agreed to give property owner John Magee until July 16th to sell Bradley Industrial Park
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Gymboree Closing Stores; The Children’s Place Paring Down
The children’s clothing retailer Gymboree is filing for bankruptcy for a second time in two years and will close its remaining 900 stores, including the Palisades Center location.
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