Palisades Mall Owner Says It’s Adding Residential Projects Across Its Portfolio
Palisades Mall Owner Says It’s Adding Residential Projects Across Portfolio: plans to “replicate this formula throughout its portfolio.
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Tag: Pyramid Management Group
Pyramid Group, Owner Of Palisades Center, Eyes Last Minute Solutions To Avoid Mortgage Default
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.
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Distressed Palisades Center Could Find Quick Buyer But At Deep Discount
The Palisades Center could go into foreclosure by mid-summer if owner Pyramid Management Group does not find a buyer, according to an inside source at J.P. Morgan.
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Palisades Center and Town of Clarkstown In Court Again Over Mall Expansion
The Palisades Center is back in federal court fighting a town-imposed restriction limiting its right to build out and lease an existing but unused 250,000-square-foot section on the mall’s fourth floor.
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