If there's one universal truth, it's that all of our bodies begin changing at some point. That's especially true for women who are over the age of 50. One day it seems like we're rolling out of bed with a pep in our step. The next, our emotions are out of control, our weight won't go down, and we constantly have hot flashes. If that sounds like you, don't worry â millions of other women worldwide are going through the same difficulties.
The fact of the matter is these symptoms are part of a natural process women go through. This change, called menopause, marks the end of a woman's ability to reproduce and menstruate. The average age for this to occur is 51, though it officially begins a year after a woman's final period. During this transition to menopause, estrogen and other hormones in a woman's body start to deplete When those hormones deplete, frequent and sometimes severe symptoms can manifest:
The symptoms of hormone deficiency can be scary for both women and their partners. That makes dealing with a hormone deficiency tricky because many symptoms are tied to nutrition, stress, lack of exercise, and toxins in your body.
However, if you're getting older and dealing with some of the symptoms listed above, have hope. A solution to your hormone problems may be closer than you think. Hormone replacement therapy for women may help correct imbalances caused by menopause. These effective, safe treatments help many women throughout the menopause process and may even help them reclaim their youth.
To live a healthy life, hormone stability is very important for women. That's where the beauty of HRT treatments for women begins to shine because it balances hormones that would otherwise be altered due to menopause.
HRT treatments for women represent a revolutionary step toward living life without the pitfalls of old age. However, at Juventee, we understand that no two women, and by proxy, patients, are the same. That's why our team of doctors and specialists provide personalized treatment options for women, combining holistic treatment, nutrition, fitness plans, and more to supplement our HRT treatments.
Is HRT the answer if you feel exhausted, overweight, and moody? That's the million-dollar question that we're asked almost every day. And to be honest, it's hard to say without a comprehensive exam by an HRT expert at Juventee. What we can say is that when a woman's hormones are better balanced during menopause, she has a much better chance of enjoying life without the crippling symptoms that other women feel.
At Juventee, helping women reclaim their vitality and love of life is our top priority. While some HRT clinics see patients as nothing more than a means to make money, our team is cut from a different cloth.
The key to balancing your hormones and improving your well-being is a process that we have refined over time. The Juventee HRT process consists of a comprehensive review of your health and hormonal status. Our team then customizes your plan and prescribes treatments, procedures, and supplements under the guidance of our local HRT experts.
At Juventee, we want to revitalize your health by promoting balance, energy, intimacy, and beauty. We start by assessing your baseline biomarkers and implementing a personalized plan to help you feel like your younger self. Our in-depth process covers many factors, almost like a web. Each component of that web works in conjunction with others to make up how you feel. If one area is out of sync, women can experience unwanted fluctuations in their weight, energy, emotions, libido, and more. Juventee is committed to evaluating our patient's overall health so that we may bring vitality and happiness to as many aspects of their lives as possible.
We've mentioned all the greatness that can come with an HRT regimen from Juventee, but what exactly are the benefits of HRT for women? Let's take a look.
We Work With
Unlike some HRT clinics, Juventee's HRT programs are carefully crafted and personalized for each patient. There are no cookie-cutter solutions at our office. Instead, we assess each individual's needs and customize treatments to help their bodies as they age. We replace hormones that are deficient and restore them to their physiological state using HRT pellets.
These hormone pellets are prescription hormones inserted under the skin through a simple in-office procedure. Each pellet is about as large as a big grain of rice. Once inserted, our HRT pellets get to work quickly. With this treatment, patients don't have to worry about applying greasy creams or swallowing pills. Instead, our pellets are metabolized by the body. That way, patients don't stress over taking too much or too little.
Remember, at Juventee, our goal isn't just to balance your hormones â it's to completely optimize your health and well-being. You won't ever have to worry about our doctors writing you a prescription and sending you on your way without any additional communication. Instead, we aim to be part of our patient's journey back to health and work with all of our HRT patients to do so.
Hormone imbalance causes a litany of issues. But with hormone replacement therapy, females can better process calcium, keep their cholesterol levels safe, and maintain a healthy vagina. By replenishing the body's estrogen levels, HRT may relieve symptoms of menopause and even optimize bone health.
But that's just the start. At Juventee, our patients report many benefits of taking HRT for women:
If you're ready to feel better and enjoy the vitality of your youth, Juventee is here to help you every step of the way. It all starts with an in-person evaluation, where our team will determine if HRT is right for you.
For many women, menopause is a difficult time filled with ups, downs, and hormonal hurdles to overcome. While menopausal issues are well-known by some, other women only know that menopause can affect their hormones. The reality is that going through menopause can mean more than moodiness and hot flashes.
At Juventee, we're big believers that a little knowledge can go a long way. With that in mind, if you're going through menopause or are approaching "that" age, consider these common issues. First, let's examine some alternative causes of menopause beyond age:
The most common reason for menopause is diminished, unbalanced hormones. However, menopause can also result from:
Now that we've examined some of the ways that menopause manifests, let's look at some common problems that females regularly endure:
If you're going through menopause and feel like life is a tiresome burden, you're not alone. Studies show that 15% of women go through depression to some degree during menopause. What many women don't learn is that depression may start much earlier, during perimenopause or even earlier.
Depression can be hard to diagnose, even without perimenopause and menopause as a factor. With that said, keep the following signs in mind. If you notice any, it might be time to speak with a physician:
If you notice any of the signs above, it's important that you understand that you're not weak or broken. You're going through a very normal emotional experience, which may be caused by hormone deficiency. However, with proper treatment from your doctor, depression doesn't have to rule your life.
You don't have to have hormonal imbalances to have mood swings. Indeed, everyone gets moody from time to time. For women going through menopause, however, mood swings can be extreme and happen often. Hormone imbalances and mood swings go together, resulting in unusual emotional changes and even issues like insomnia.
Estrogen production, a hormone that fluctuates during menopause, affects serotonin production, which regulates mood. When both hormones are deficient, mood swings can become quite prevalent.
Fortunately, HRT treatments in Palisades, NY, work wonders for women because they work to regulate hormones like estrogen. With HRT from Juventee, women don't have to settle for the negative consequences that drastic mood swings can cause.
Hot flashes: whether you're a man or a woman, you've probably heard of them. Hot flashes are very common issues associated with menopause and manifest as intense, sudden feelings of heat across the upper body. Some last a few seconds while others last many minutes, making them uncomfortable and inconvenient at all times. A few common symptoms of hot flashes include:
Usually, a lack of estrogen causes hot flashes in menopausal women. Low levels of estrogen negatively affect a woman's hypothalamus, or the part of the brain that regulates appetite and body temperature. Low estrogen levels cause the hypothalamus to assume incorrectly that the body is too hot. When it does, it dilates a woman's blood vessels to boost blood flow.
Fortunately, most women don't have to settle for the intense, unwanted feelings they endure with hot flashes. HRT pellet treatment from Juventee helps to stabilize hormones which may lessen the effects that hot flashes cause.
Staying healthy and fit is a challenge for anybody living in modern America. For women with hormonal imbalances, however, it's even harder. Weight gain is a concerning issue during menopause, but it can be manageable with a physician-led diet, exercise, and HRT treatments from Juventee.
HRT patients at Juventee benefit from health plans that keep hormones in check, making weight loss a real possibility. But which hormones need to be regulated to help avoid weight gain?
Millions of adults around the U.S. suffer from low sex drive, but that doesn't make it any more embarrassing to talk about. For many women going through pre-menopause and menopause, it's an unfortunate side effect of unbalanced hormones. Thankfully, HRT may help women maintain a healthy libido, even after 50. But what causes lowered sexual desire in women as they age?
The hormones responsible for low libido in females are estrogen, progesterone, and testosterone.
Progesterone production decreases during perimenopause, resulting in lowered libido in some women. Lower progesterone production can also cause weight gain, exhaustion, and other symptoms common during menopause. Reduced estrogen levels during menopause may lead to vaginal dryness and even loss of muscle tension.
Testosterone is referred to as a male hormone, but it contributes to important health functionality in women as well. Female testosterone heightens sexual responses and intensifies orgasms. When the ovaries can't produce sufficient levels of testosterone, low sex drive can happen.
The inside of a woman's bones is broken down and rebuilt by bone cells in an ongoing process called remodeling. This process is crucial for maintaining bone strength and health.
However, due to the loss of estrogen during menopause, this important process becomes unbalanced. Less bone is formed, and more bone is broken down. This advanced state of bone loss can be worrying for women, especially if they had an early menopause. With time, women may develop osteoporosis and a greater chance of breaking bones as they age.
Fortunately, HRT for women can actually mimic estrogen and progesterone, which may help prevent bone loss and lower chances of osteoporosis in women. That's huge news for women around the U.S., many of whom are battling early bone loss due to a lack calcium, vitamin D, and other nutrients crucial to bone health.
If you are considering HRT treatments for women in Palisades, NY, you need a team of hormone replacement experts by your side. At Juventee, our knowledgeable HRT doctors are ready to help. Our team will answer your initial questions, conduct necessary testing, and craft a customized program designed to alleviate the challenges you're facing as a woman going through menopause.
With a healthy diet, exercise, positive life choices, and hormone replacement therapy, unveiling the new "you" is easier than you might think. Contact our office today to get started on your journey to optimal health and well-being.
The Palisades Center faces foreclosure and could be sold off.Its mortgage lenders have gone to court to demand action against EklecCo and the other Pyramid Cos. affiliates that own the mall.Clarkstown Supervisor George Hoehmann said that he hopes it doesn't come to that."We're hopeful that they will be able to sort something out financially," said the supervisor, who has had his own tense dealings with the mall in the past over property taxes and other issues.The mall is overdue on repayin...
The Palisades Center faces foreclosure and could be sold off.
Its mortgage lenders have gone to court to demand action against EklecCo and the other Pyramid Cos. affiliates that own the mall.
Clarkstown Supervisor George Hoehmann said that he hopes it doesn't come to that.
"We're hopeful that they will be able to sort something out financially," said the supervisor, who has had his own tense dealings with the mall in the past over property taxes and other issues.
The mall is overdue on repaying a $418.5 million mortgage it took out in 2016. The town recently valued the property at more than $518 million, but EklecCo has challenged that assessment, saying the megamall is worth just a fraction of that.
Hoehmann on Thursday called the mall a "major asset, not just for the people of Rockland and the people of Clarkstown, but for the financial institutions." He added, "I can imagine that everyone involved would want this asset protected."
The mall's creditors filed a commercial mortgage foreclosure complaint on Feb. 10 in state Supreme Court in the County of New York.
The filing asks for the mall, right down to the fixtures, be sold off, with the lenders getting the proceeds to pay off its overdue mortgage, interest and court costs.
In the court filing, Wilmington Trust, the mortgage trustee, said, "Plaintiff elects to have the Borrower’s personal property sold together with the Mortgaged Property at a single public sale."
Until then, Wilmington Trust states it wants the court to put the property in receivership, so the mall can "operate the property for the benefit of all parties."
Rockland County Executive Ed Day said elected officials are urging the bankers to find a way to keep the mall running as long as possible and find short- and long-term solutions.
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"Regardless of how one feels about the mall the unalterable fact is the Palisades Center is a major tax revenue driver for Clarkstown, the school district and the County of Rockland," Day said Thursday.
Hoehmann agreed. He said the mall's operators have reenvisioned it before and continue to look at ideas, including adding residential buildings, a "live-work-play" concept that other malls in the region have adopted.
"There's a lot of value at the mall," Hoehmann said.
The relationship between the mall and the community has been a bit rocky even before the first backhoe was digging around the swampy land.
Even before the mall opened in 1998, the company had challenged its tax assessment. Clarkstown Town Board meetings grew raucous as neighbors pushed back against permissions sought by the builder.
Since then, the 2.2 million-square-foot shopping and entertainment complex, less than an hour's drive from New York City, has become a destination spot.
Day called the mall "one of the premiere tourist destinations in this county, bringing in additional outside revenue that pays for local services."
Among the largest malls in the nation, the Palisades Center has long been a major property taxpayer for the county, town and local school district. It's also fought those tax bills.
In its latest tax assessment challenge, filed with the Rockland County Clerk on July 26, 2022, the mall's owners cite "continuing pressure ... especially for department stores and fashion retailers that were once the primary focus on Petitioners' business." The challenge also said the impact of the COVID pandemic has been a "game-changer" for enclosed malls like the Palisades Center.
Hoehmann on Thursday said the tax challenge is ongoing. "We are very confident that our numbers will be justified," he said.
According to the court action initiated by Wilmington Trust, the mall's owners secured mortgages in April 2016 worth $418.5 million that are now past due. The court filing cites extensions for payments that have so far gone unfulfilled.
Meanwhile, the mall's owners, in a property tax challenge lodged last year, said the property's barely worth $172.6 million.
In July 2022, EklecCo, the local arm of mall owner of Pyramid Cos., filed a challenge to its property tax assessment set by the Town of Clarkstown in New York State Supreme Court in Rockland.
The mall's owners have to respond by next month or the court could act without their participation.
A spokesperson for EklecCo did not return a request for comment.
Various promissory notes issued in April 2016 to JPMorgan and Barclays banks added up to the amount now sought by Wilmington Trust. The mortgages were made against the mall property itself. According to the court filing, the mortgaged property is a "mixed use development consisting of a consumer shopping center, parking, offices, and other uses commonly known as Palisades Center located in Clarkstown, New York."
In 2020, citing strains from the COVID pandemic, the mall and Wilmington Trust reached a deal that extended the maturity date of the loan to Oct. 9, 2022.
The mall, according to its creditor, didn't pay.
"Borrower failed to repay the Outstanding Amounts on the Maturity Date, and such failure is continuing," the court filing states.
The creditor and mall's owner reached a "forbearance agreement" that gave the mall until Nov. 8 to come up with the money.
They didn't.
Hoehmann said he's taking a wait-and-see approach.
"They've been in this position before," Hoehmann said. "They were able to restructure a deal."
Nancy Cutler writes about People & Policy. Follow her on Twitter at @nancyrockland.
Click here for her latest stories.
WEST NYACK, NY — The holder of a massive mortgage on the Palisades Center wants to foreclose, and filed a complaint in New York State Supreme Court Feb. 10 to get the process started.The original principal amount was $418.5 million loaned to EklecCo NewCo LLC in 2016.According to court papers, during the COVID-19 pandemic, the mall's owners, the Syracuse-based Pyramid Companies, asked the bank to agree to a temporary moratorium on scheduled monthly payments and certain reserve deposits that were due. The two created a &qu...
WEST NYACK, NY — The holder of a massive mortgage on the Palisades Center wants to foreclose, and filed a complaint in New York State Supreme Court Feb. 10 to get the process started.
The original principal amount was $418.5 million loaned to EklecCo NewCo LLC in 2016.
According to court papers, during the COVID-19 pandemic, the mall's owners, the Syracuse-based Pyramid Companies, asked the bank to agree to a temporary moratorium on scheduled monthly payments and certain reserve deposits that were due. The two created a "standstill agreement" June 19, 2020, which gave the mall's owners an extension of the maturity date of the loan to Oct. 9, and then a "forebearance agreement" which ended Nov. 8.
The 2.2 million-square-foot Palisades Center, the 12th-largest mall in the country in terms of leasable space, only began returning to pre-pandemic hours in January. SEE: Palisades Center Expands Hours Of Operation
In November, the mall was appraised at $217 million, according to real estate data analysis firm Trepp. That's a quarter of its assessed value in 2016.
Wilmington Trust filed suit against a handful of Pyramid entities with financial interests in the mall and the New York State Department of Taxation and Finance, just in case there are outstanding taxes.
They have less than a month to respond.
According to the court documents, Wilmington Trust wants to sell the mall as a whole, "in a single public sale." Until then, it asked the court to put the mall in receivership and direct all tenants to pay rent to the appointed receiver.
Locals are watching the mall's financial problems with concern. Despite controversies over its size, expansion proposals and property taxes, it is a valuable part of the region's economy.
"Regardless of how one feels about the mall the unalterable fact is the Palisades Center is a major tax revenue driver for Clarkstown, the school district, and the County of Rockland," County Executive Ed Day told Patch. "It is also one of the premiere tourist destinations in this county, bringing in additional outside revenue that pays for local services."
AT first, Loren Plotkin, an entertainment lawyer living in Greenwich Village, was of two minds about whether to pack up his family and leave the conveniences of city life for a remote, wooded area in Rockland County on the Hudson River.It was true that Snedens Landing, a neighborhood in the Orangetown hamlet of Palisades, had charming and historic homes. And with its outgoing, sometimes eccentric residents, artists and celebrities among them, the quiet would be a welcome change from the busy anonymity of city life.But Mr. Plotk...
AT first, Loren Plotkin, an entertainment lawyer living in Greenwich Village, was of two minds about whether to pack up his family and leave the conveniences of city life for a remote, wooded area in Rockland County on the Hudson River.
It was true that Snedens Landing, a neighborhood in the Orangetown hamlet of Palisades, had charming and historic homes. And with its outgoing, sometimes eccentric residents, artists and celebrities among them, the quiet would be a welcome change from the busy anonymity of city life.
But Mr. Plotkin was also used to pushing his two daughters in a stroller along Bleecker Street in the Village to shop for meat, fish and other staples, and on weekdays hopping a subway for the 20-minute ride to his office. In this sylvan 2.34-square-mile hamlet 12 miles north of the George Washington Bridge, there would be none of that. It did not even have its own food market, much less a Starbucks or a gas station.
But then David Sanders of Sanders Properties in nearby Nyack showed Mr. Plotkin a two-bedroom two-bath 1850s cottage, sat him on its front porch and urged him to take in the Hudson view spread out before him. “That was it, we were hooked,” Mr. Plotkin said. “To us, Snedens Landing seemed like a mythical place, a Brigadoon.”
That was in 1998. Mr. Plotkin and his wife, Carol Baxter, bought the 2,500-square-foot cottage for $1.1 million, and over the years they have expanded it by about a third, adding a master suite and a first-floor powder room, and redoing the kitchen, among other things. “But we’ve done everything in a way that you can’t really tell where the old house ends and new addition begins,” he said. “It’s in keeping with what was here before.”
Meanwhile, three years ago, Ms. Baxter started an indoor winter farmers market. It is held weekly, now in the summer as well, at the Palisades Community Center, an 1870s schoolhouse. Its vendors sell fish from the Hamptons and produce from upstate New York, along with specialty breads, dairy products and hormone-free meat.
The upshot is that Mr. Plotkin and his family have indeed found their equivalent of “the heather on the hill,” as lyrics in the musical “Brigadoon” describe it, without having had to forfeit too much in the process.
The challenge, according to Margaret E. Raso, the chairwoman of Orangetown’s Historic Areas Board of Review, is how to maintain the understated charm that has lured people like Mr. Plotkin and Ms. Baxter — and celebrities like Al Pacino and Mikhail Baryshnikov — to Snedens (pronounced SNEE-dens) Landing, but not be overcontrolling about architectural styles.
All of Snedens Landing as well as parts of Palisades west of 9W attained historic designation in the 1960s, so in those areas Mrs. Raso’s board holds sway over factors like color, architectural style and construction materials used. These strictures come in addition to rules set by the town, covering setbacks and fire codes — which of course apply to all residential construction, historic or not.
About a decade ago, Mrs. Raso recalled, a resident seeking to build a ranch-style house in Snedens Landing came before her seven-member board. The style was not a problem, but the owner wanted to paint the place pink. “Subtle beiges and taupes, wood, brick and stone that blend in with the surrounding wooded area are fine with us,” she said. “But when the applicant told us the color he wanted, we said ‘No, no, no.’ It would have been so out of place!”
WHAT YOU’LL FIND
The hamlet of Palisades is bifurcated by Route 9W, which begins in Fort Lee, N.J., and runs north along the river toward the Tappan Zee Bridge. The Snedens Landing neighborhood lies east of 9W, with its homes clambering down crooked streets toward the river. Styles run the gamut from 18th-century cottages to 19th-century farmhouses to 1970s contemporaries and newer colonials and ranches.
The west side of Palisades, too, has its share of meandering streets and historic dwellings, like one that used to be a general store. More houses, though, are newer, like the four-bedroom two-and-a-half-bath colonial that Mary Tiegreen, 59, a graphic designer, and her husband, Hubert Pedroli, 60, a financial consultant, bought for $350,000 in 1993 in a small development built in the 1980s.
Despite the presence of Route 9W, Ms. Tiegreen said, Palisades does not feel like two separate communities. “We share a community newspaper and hold many joint events,” she said. “There’s lots of crossover points.”
The Palisades Free Library serves 585 developed parcels in ZIP code 10964, said Brian Kenney, Orangetown’s assessor. Alice Gerard, chairwoman of the Palisades Historical Committee, estimates the population is about 1,200 — 200 in Snedens Landing, and the rest on the west side of 9W.
WHAT YOU’LL PAY
The median sales price in Snedens Landing in the last 12 months was $2.433 million; on the other side of the highway in the rest of Palisades, it was $574,500, according to Mr. Sanders of Sanders Properties.
For the same 12-month period five years ago, the median in Snedens Landing was $1.85 million; west of 9W it was $571,250.
There are 17 houses on the market, according to Richard Ellis of Ellis Sotheby’s International Realty, among them a four-bedroom two-bath high ranch built in 1979 on 0.2 acres west of 9W and listed at $513,000.
A three-bedroom two-bath 1991 cottage on 0.95 acres in Snedens Landing is listed at $1.15 million. And a four-bedroom three-bath contemporary built in 1973 on two acres, also in Snedens Landing, is listed at $1.695 million.
The most expensive home for sale belongs to Mr. Baryshnikov and his wife, Lisa Rinehart, a former dancer with the American Ballet Theater.
A five-bedroom five-and-a-half bath brick and cedar house in Snedens Landing on 4.23 acres in Snedens Landing, it was built in the 1930s and expanded in 1991. A year ago it was listed at $6.3 million; it has since been reduced to $5.75 million, with property taxes of $75,096 a year.
The least expensive home, a three-bedroom one-and-a-half-bath ranch built in 1957 on 0.37 acres west of 9W, is listed at $369,000. Taxes are $8,958.
There are no apartments or condominiums in Palisades.
THE SCHOOLS
The South Orangetown Central School District serves Blauvelt, Grandview, Orangeburg, Palisades, Piermont, Sparkill and Tappan. Its schools are: William O. Schaefer in Tappan, which teaches kindergarten and Grade 1; Tappan Zee Elementary in Piermont, for Grades 2 and 3; Cottage Lane School in Blauvelt, for Grades 4 and 5; South Orangetown Middle School in Blauvelt, for Grades 6 through 8; and Tappan Zee High School in Orangeburg.
Of fourth-graders at Cottage Lane last year, 81 percent met state standards on English and 87 percent in math, versus 77 and 87 statewide. SAT averages at Tappan Zee last year were 544 in reading, 573 in math and 549 in writing, versus 484, 499 and 478 statewide.
WHAT TO DO
The nearest shopping is in the town of Tappan or in northern New Jersey. But those who live in Palisades say they find plenty of recreation and entertainment, either within the hamlet or close by.
Sally Morrison, a widow with a 10-year-old son, Toby Corser, moved from a town house in Harlem to a 1930s four-bedroom cottage in Snedens Landing six years ago, paying $2 million.
“I was a city person,” said Ms. Morrison, who works in Stamford, Conn. “I grew up in London, and was used to city living. Yet I’m happier here in this very informal, almost rural place where many of the residents march to their own drumbeat, but everyone is tolerant.”
She and Toby often hike with their puggle on the trails of Tallman Mountain State Park, which abuts the end of their road. In winter, a pond in the park is ideal for ice skating. In summer, Toby attends a boating day camp in Nyack, about 10 minutes north of Palisades.
Palisades is also home to the Children’s Shakespeare Theater, for those 8 to 18, which early this month presented three performances of “The Tempest” at the 1863 Palisades Presbyterian Church, a stark steepled building.
Mr. Plotkin and Ms. Baxter often dine out in Piermont, just south of Nyack, at the Freelance Cafe & Wine Bar. On Sundays, the couple and their daughters (one is in high school, the other in college) like the State Line Family Restaurant, on Route 303.
THE COMMUTE
Rockland Coaches provides bus service to the Port Authority from the corner of Oak Tree Road and 9W in Palisades. The 50-minute trip costs $7.55 one way; a 20-trip ticket is $123.50.
Many residents take the Palisades Interstate Parkway to Fort Lee and the George Washington Bridge. Others drive to Port Imperial in Weehawken, N.J., and take a ferry.
THE HISTORY
Snedens Landing got its name from Robert Sneden, a Hudson landowner who ran a ferry service to Dobbs Ferry in Westchester. Historians credit William Dobbs (Mr. Sneden’s brother-in-law) with beginning the service in 1729. It continued under succeeding generations until the early 20th century, said Mrs. Gerard of the historical committee.
One of the biggest shopping centers in the Hudson Valley is at risk of foreclosure.Citing a decrease in shopping trends as a result of the COVID-19 pandemic, and a debt of over $415 million, investors are seeking foreclosure at the Palisades Center in Rockland County.In court documents dated February 10th, a company called Wilmington Trust [National Association, as Trustee for the benefit of Holders of Palisades Center Trust] filed to foreclose on the Palisades Center, citing that ownership had defaulted on a $418.5 million loa...
One of the biggest shopping centers in the Hudson Valley is at risk of foreclosure.
Citing a decrease in shopping trends as a result of the COVID-19 pandemic, and a debt of over $415 million, investors are seeking foreclosure at the Palisades Center in Rockland County.
In court documents dated February 10th, a company called Wilmington Trust [National Association, as Trustee for the benefit of Holders of Palisades Center Trust] filed to foreclose on the Palisades Center, citing that ownership had defaulted on a $418.5 million loan.
The Palisades Center, the 12th largest mall in the country (space-wise), is a mega shopping center in Rockland County with more than 2.2 million square feet of retail, restaurant, entertainment and office space, is owned and operated by Pyramid Management Group out of Syracuse.
According to the official court document:
This action is brought by Plaintiff under Article 13 of the New York Real Property Actions and Proceedings Law to foreclose certain mortgages securing a loan in the original principal amount of $418,500,000.00 (“Loan”) made to EklecCo NewCo LLC (“Borrower” or “EklecCo”), which is due and payable in full.
Reports indicate that the original loan from 2016 from JPMorgan Chase & Barclays was due to mature in April of 2021, however, the Pyramid management group requested a 'temporary moratorium on payments early in the pandemic.' As cited by therealdeal.com, a standstill agreement was reached in June 2020, and the loan's maturity date was extended through October of 2022.
Still, the debt remains unpaid, and Pyramid/The Palisades Center went into default as of November 2022.
As of now, Wilmington Trust has asked to put the property into receivership and then would like the mall to be sold 'as a whole.' A receivership essentially assigns a receiver or trustee to manage the company, including all financial and operating decisions.
Then on February 10th, Wilmington Trust filed an official commercial mortgage foreclosure.
The court documents detail that Wilmington Trust, the Plaintiff, elects to have the 'the Borrower’s personal property sold together with the Mortgaged Property at a single public sale.' It appears they would like the entire mall, including the fixtures to be sold off so that the lenders receive all proceeds to pay off the debt, as well as interest and court costs.
This story is still developing.
Editor's Note: Time Mission is planning to open Dec. 17. The original version of this report was written before the company moved its grand opening weekend. Patch has changed this article to reflect the change of date. WEST NYACK, NY — A massive, challenging, immersive entertainment venue is opening at the Palisades Center, after a wild charity event in which several local nonprofit organizations compete for prize money.Time Mission has built a multi-room team challenge adventure on Level Three, next to the food ...
Editor's Note: Time Mission is planning to open Dec. 17. The original version of this report was written before the company moved its grand opening weekend. Patch has changed this article to reflect the change of date.
WEST NYACK, NY — A massive, challenging, immersive entertainment venue is opening at the Palisades Center, after a wild charity event in which several local nonprofit organizations compete for prize money.
Time Mission has built a multi-room team challenge adventure on Level Three, next to the food court.
The game sends teams of 2- 5 people through 32 different portals into spaces where they collect skill points by completing challenges in less than 2-5 minutes in a fun, immersive experience.
The theme is that the portals transport you to the past or future.
"It’s way more fun than I can describe in words, whether you’re competitive or not," said John Purisima, General Manager of Time Mission Palisades Center. "There’s so much creativity in this gaming experience. It’s not anything like what you expect just looking at it."
Different portals challenge different skills, i.e., intelligence, strength, coordination, and speed. Teams can be made up of individuals of different ages as some will excel at one skill, while others will be better at another, making it a perfect family or group activity. Just look at the photos above, which show missions on archeology, pirates and AI.
Participants may choose to only collect points or start a secret mission to unlock special bonus features and achievements.
Teams can repeat, or abandon, rooms at any time to improve their score or find the next clues on the mission before the hourglass runs out and they are returned to the "present."
Plus — this is one of the strengths of the game — the game evolves.
Because Time Mission simulates time travel, teams are never locked into their choices, and going back into a portal doesn’t always result in the same outcome.
And, since Time Mission HQ can reprogram the portals, previously visited destinations may not be available when guests return to play the next time. They would be replaced by new spaces to explore, or might only then be accessed in other Time Mission entertainment venues.
Time Mission opened in Lincoln, Rhode Island in 2021 and Rockland County is the first opening in the company's national expansion plan, Palisades officials said.
Time Mission at the Palisades Center will be open for corporate team building, family events, birthday parties, Bar Mitzvahs, and just friendly group fun. Recommended age is 6 years and up. Sessions generally run 90 minutes and teams are encouraged to reserve time online at www.timemission.com.