hna Archives - Rockland County Business Journal

What Do We Know About Kitching/Pelayo — Orangetown’s Pick For HNA Redevelopment?

July 7, 2021July 13, 2021rcbizjournal

Plan Number One, or the Kitching/Pelayo team refers to Mark Kitching and Jerome Pelayo, a real estate broker for Douglas Elliman and a house builder respectively.

Orangetown Selects Redevelopment Team For HNA Palisades Center

June 29, 2021July 5, 2021rcbizjournal

The Town of Orangetown has chosen Kitching/Pelayo as the “preferred developer” to redevelop the HNA Palisades Center at 334 Route 9W.

Sale of HNA Palisades Center Unaffected By Chinese Giant’s Bankruptcy Case

June 7, 2021June 10, 2021rcbizjournal

the HNA Training Center in Palisades, owned by a limited liability company in Delaware, is not part of the company’s bankruptcy.

HNA Proposals Run The Gamut From Film Studios To Upgraded Hotel To Housing

June 3, 2021June 11, 2021rcbizjournal

Three muscular development teams with impressive portfolios presented visions to transform the now-shuttered HNA Palisades Training Center during a Town of Orangetown ZOOM meeting on Wednesday.

Eminent Domain Is A Powerful Tool To Shape Development But Comes With Complications

March 11, 2021March 18, 2021rcbizjournal

No matter who buys the HNA site and how it is used, the fact that it is being driven by the Town via a threat of eminent domain may herald a renewed interest in using the municipal power to shape commercial real estate redevelopment.

What Is The HNA Training Center in Palisades Really Worth?

March 1, 2021March 8, 2021rcbizjournal

A June 2019 appraisal ordered by Vasco Ventures, the Brooklyn group that tried unsuccessfully to purchase the HNA Training Center in Palisades in 2019 from its Chinese owner, reported that the 106-acre Town of Orangetown property’s “as is” value was worth between $18 and $20 million as a hotel/conference center.