RCBJ Talks With Clarkstown Councilman Donald Franchino About Clarkstown’s Permissive Referendum On Nov. 3rd Ballot Allowing Palisades Center To Build Out Unused Space
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Dave & Buster’s will likely file for bankruptcy and the entertainment company plans to permanently close its Palisades Center location by the end of the year.
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EklecCo New Co LLC, the company that owns The Palisades Center, has sued Bed Bath & Beyond for more than $500,000 in back rent.
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Eklecco NewCo LLC, the company that owns the Palisades Center in West Nyack on Friday filed a petition for a tax certiorari in Rockland County’s Supreme Court.
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The Clarkstown town board on Thursday voted unanimously to add a ballot question to the Nov. 3rd general election asking voters whether or not they want to lift a restriction that prohibits the Palisades Center from building out and leasing existing space.
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The maturity date for the loan has been extended to either October 2021 or whenever Palisades Center pays off the last of the 12 monthly installments, whichever comes first.
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New York & Co. parent company RTW Retailwinds has filed for Chapter 11 bankruptcy protection and plans to permanently close most if not all of its stores, which may include the location at the Palisades Center.
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Coresight Research estimates 20,000 to 25,000 stores could permanently close in the U.S. this year, with 55% to 60% of those closures in malls.
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Clarkstown has until August 3rd to decide whether it will put a referendum on the Nov. 3rd ballot for voters to allow The Palisades Center to expand into its unused space.
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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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