Page 133 – Rockland County Business Journal

Pandemic Slows But Has Not Stopped Lafayette Theater’s Efforts To Transform From Single-Screen Venue To Entertainment Venue

October 19, 2020October 27, 2020rcbizjournal

The pandemic has brought the Lafayette to a crossroads. Benmosche will move forward with plans to reinvent the entertainment space but will not open the theater for movies alone. Even when the ban on Rockland is lifted.

Clarkstown Voters On Nov. 3 To Decide Palisades Center’s Future

October 16, 2020October 25, 2020rcbizjournal

In what is expected to be unprecedented voter turnout for the Nov. 3 presidential election, a large number of Clarkstown voters will also be asked to make a critical decision regarding the Palisades Center’s ability to use and develop additional gross leasable space in the mall.

AMC Theatres Says It Could Run Out Of Money By Year End Or Early 2021

October 15, 2020October 23, 2020rcbizjournal

AMC Theatres, the world’s largest movie theater chain with a location at The Palisades Center, said it could run short of funds by year’s end or early 2021 due to the pandemic. Cinemas nationwide,

Pandemic Forces Businesses To Think Outside The Box To Access Capital

October 15, 2020October 15, 2020rcbizjournal

To gain insight on how to navigate in today’s environment, we talked with Bijal Jani of Jani Consultancy, Inc., which provides concierge services for businesses and early growth companies seeking to secure alternative sources of capital

Panera Bread Goes Dark At Palisades Plaza Route 303 In West Nyack

October 14, 2020October 22, 2020rcbizjournal

Panera Bread at the Palisades Plaza at 130 N. Rt 303 in West Nyack has gone dark. It would appear the store is not going to reopen but the center’s landlord said no decision has been made and the tenant is still on the hook for a lease that has several years remaining.

Swedish Retailer H&M To Close 250 Stores

October 13, 2020October 22, 2020rcbizjournal

H&M will close 250 stores next year due to the impact of the coronavirus pandemic. That represents nearly 5 percent of it total stores nationwide.

Billy Procida Paves Way For Future STAC Students In Need With $50,000 Scholarship Fund

October 12, 2020October 21, 2020rcbizjournal

William “Billy” Procida, president of Procida Funding and Piermont resident, has established the “Dr. William “Billy” Procida and Dr. Margaret Fitzpatrick, S.C. Scholarship Fund” in honor of Dr. Fitzpatrick’s retirement

Town of Orangetown Hopes To Play A Role In Selling HNA Palisades Training Center

October 11, 2020October 19, 2020rcbizjournal

The Town of Orangetown is hoping to play an influential role in the future fate of the privately-owned HNA Palisades Training Center in Palisades.

Consumer Sentiment Continues to Recover; Up 8 Points from March

October 8, 2020October 13, 2020rcbizjournal

Consumer sentiment is recovering though much uncertainty lies ahead given the pandemic’s grip on the nation and no clear understanding as to the availability of a vaccine.

Judges Are Deciding Whether Business Interruption Policies Cover Pandemic-Related Losses

October 8, 2020October 14, 2020rcbizjournal

More than 1,000 lawsuits on business interruption coverage have been filed since March 2020. Not surprisingly, among this slew of cases, we’ve seen mixed results on whether the coronavirus constitutes physical damage.

Rockland County Business Journal