Palisades Center Archives - Page 6 of 10 - Rockland County Business Journal

Palisades Center Unlikely To Make May Mortgage Payment: Tenants Not Paying May Rent

May 3, 2020May 5, 2020rcbizjournal

More than half of all mall-based department stores could close by the end of 2021, according to Green Street Advisors.

Pyramid Group, Owner Of Palisades Center, Eyes Last Minute Solutions To Avoid Mortgage Default

April 26, 2020May 19, 2020rcbizjournal

Bankruptcy is looking like a probable outcome for The Pyramid Group but Hail-Mary negotiations have been underway through the weekend to keep the mall developer from the bankruptcy court, according to a source close with knowledge of the dire situation.

Palisades Center Mall Default Imminent

April 17, 2020rcbizjournal

Its massive debt of $388.5 million has been transferred to a special CMBS servicing unit because of “imminent monetary default.”

Modell’s Closing 24 Locations

February 24, 2020February 27, 2020rcbizjournal

Sporting goods chain Modell’s says it is closing 24 of its 140 stores nationwide. So far, It is unclear whether either of Rockland’s two locations will be affected

Palisades Center Conflict Must Be Resolved, Says Day In State Of The County Address

February 6, 2020February 14, 2020rcbizjournal

County Executive Ed Day used his bully pulpit during Thursday’s State of the County address at The Palisades Center to advocate for a resolution on the mall’s deadlocked efforts with the Town of Clarkstown to build out an unused portion of space on the fourth floor

Macy’s To Close One Fifth Of Stores: Fate Of Palisades Location To Be Seen

February 5, 2020rcbizjournal

Struggling department store chain Macy’s is planning to close 125 of its weakest stores over the next three years and cut 2,000 corporate jobs in its latest push to reinvent itself in the age of online shopping

ARENA STEM, EDUCATION/ENTERTAINMENT CONCEPT, TO OPEN AT PALISADES CENTER IN JUNE

February 3, 2020February 5, 2020rcbizjournal

Arena STEM is a new and innovative retail-entertainment concept focused on activities in technical science, sports, and creative hobbies.

Amazon Opening Retail Store At Palisades Center, Says Insider

January 30, 2020February 12, 2020rcbizjournal

Amazon 4-Star store has signed a lease in the Palisades Center for the long-vacant Restoration Hardware space.

Express To Close 100 Stores; Apparel Retailers Continue To Hurt

January 22, 2020January 29, 2020rcbizjournal

Express, the trendy apparel store with locations in the Palisades Center and The Shops at Nanuet plans to close about 100 stores by 2022, including nine already closed last year, 31 by the end of this month and 35 by the end of January 2021.

Party’s Over For Papyrus, A.C. Moore, And Bose

January 20, 2020January 24, 2020rcbizjournal

Mall-based specialty retailers have faced numerous challenges, including traffic declines and changing consumer habits.

Tag: Palisades Center