Simon Property Sues Gap Over Rent Stoppage During Pandemic
Indianapolis-based Simon Property Group has sued The Gap Inc. and associated entities for breach of contract and willfully withholding rent during the coronavirus pandemic.
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Palisades Center Seeks Tax Reduction: Councilman Says Now Is The Time For Referendum
The troubled Palisades Center, which has been dark through the coronavirus lockdown and has not paid its mortgage for several months, has filed a grievance with the Town of Clarkstown to slash its tax bills by 50 percent, citing economic difficulties.
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Careful What You Rip From Internet: Copyright Trolls Are Looking For Your Mistakes
A legion of “copyright trolls” or lawyers trolling for these errors, are out in force and looking for a pay day.
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Nanuet Rising: Businesses Get Back To Business
After a long two months small businesses that went dark and lost time are rising from the coronavirus slumber.
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Gov. Says Day Camps Can Open For Summer 2020
New York State’s day camps can open for the summer season beginning June 29th – but the state has yet to issue guidelines in response to the ongoing coronavirus pandemic.
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Monument Maker Tackles New World Brought On By COVID-19
Counterintuitively, at a time when COVID-19 has claimed more than 500 lives in Rockland, and 20,000 across New York State, Nyack-based Hudson Valley Monuments has seen a 70 percent drop in business from mid-March to early June despite the spike in deaths.
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Malls Could Reopen Mid-June But How Much Collateral Damage Has Lockdown, Previous Weaknesses Caused?
The Palisades Center did not make April or May mortgage payments and an insider familiar with The Pyramid Group says a June payment is “not likely,” because stores are not on track to open until mid-month.
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Alternatives To Investing In The Post-Pandemic World
In 2020, a lot of people who would like to manage their own financial portfolios are finding it difficult to do so.
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The Show Must Go On: Rivertown Film Streams Online
Meanwhile, curators of film festivals and organizations like Nyack-based Rivertown Film Society, are scrambling to adapt to the social-distancing world by bringing their offerings online, or postponing festivals.
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Why “Cramdowns” In Sub-Chapter 5 Bankruptcy May Save Your Business
Chapter 5 was designed to provide a much shorter window of time to file a reorganization plan, in contrast to a traditional Chapter 11 filing.
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