March 15, 2025

sstsn:rockland

Mortgage

West Nyack Palisades Center mall gets receiver amid foreclosure case

In 2016, the mall’s owners took out a $418 million mortgage loan. Its creditors say they failed to pay the money back. The foreclosure case seeks to sell off the mall, right down to the fixtures, in an effort to recoup the money owned. A special servicer was already providing oversight for the mall, town

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Property

Spring Valley NY Evergreen Court property still not secure

SPRING VALLEY ‒ Efforts by the property owners to prevent vagrants from entering the burned-down Evergreen Court Home from Adults have fallen short. Despite a court agreement, the owners have failed to secure the property on Lafayette Street and hire security guards. Vagrants were recently able to reenter the poorly fenced-off property and make themselves

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