Sale of HNA Palisades Center Unaffected By Chinese Giant’s Bankruptcy Case
the HNA Training Center in Palisades, owned by a limited liability company in Delaware, is not part of the company’s bankruptcy.
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Tag: hna
HNA Proposals Run The Gamut From Film Studios To Upgraded Hotel To Housing
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.
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Eminent Domain Is A Powerful Tool To Shape Development But Comes With Complications
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.
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What Is The HNA Training Center in Palisades Really Worth?
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.
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Vasco Ventures Offered 60 Days To Close On HNA Center
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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HNA Files Tax Appeal In Rockland County Court
HNA Center of Palisades has filed a petition in Rockland County Court challenging its tax assessment, alleging the property’s assessment is grossly excessive, and therefore illegal.
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Vasco Ventures Interested In Buying HNA Center In Palisades
The firm behind the recent purchase of the Hudson Valley Resort in Kerhonkson is said to be interested in purchasing the HNA Center on Route 9W in Palisades.
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HNA Center In Palisades Is For Sale
The HNA Palisades Premier Conference Center in Palisades is under contract to be sold to a private group in Brooklyn, said a source close to the deal. The Center is being sold for somewhere between $45 million and $50 million.
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HNA Center Snags Zoning Change to Operate Hotel
In 2017, HNA won approval from Orangetown’s Planning Board to build an additional five-story hotel with 100 rooms on the property. But there was a snag: HNA didn’t have the right to rent those rooms to the general public.
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