IV Vitamin Therapy is a highly effective way to compliment and supplement your health and wellness regimen.
IV Vitamin Therapy in Palisades, NY
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Sometimes, making sure your body gets the nutrients it needs to be happy and healthy seems like a full-time job. After all, our bodies are highly complex, dynamic machines. Like most machines and tools, our bodies need plenty of high-quality, potent fuel to operate optimally. Unfortunately, everyday life makes it difficult to get the vitamins, nutrients, amino acids, and antioxidants our bodies need to function correctly.
The truth is most of us live busy lives. That's especially true for busy professionals and working parents who can't take the time to source organic ingredients and nutrient-dense foods. Preparing a delicious dish with lean protein and fresh, yummy veggies sounds great. But do you really have the time to buy, clean, prep, and cook a full meal with all those responsibilities on your plate? A quick trip to the cheeseburger joint is so much easier, especially when you have picky eaters for kids. If you're a parent, you know convincing a child to choose Swiss chard over chicken nuggets is harder than solving a Rubik's cube.
Thankfully, there are much simpler ways to treat your body right with vitamins and nutrients, even if you're constantly on the go. IV vitamin therapy in cityname, state is a new, revolutionary treatment from Juventee that delivers essential nutrients directly into your bloodstream. That way, you can give your body the refined fuel it needs without choking down pills or balancing supplements.
Unlike pills and food, vitamin injections bypass the liver's metabolism, where nutrients are often broken down. When nutrients are processed by your liver, it can decrease the amount your body absorbs. By injecting vitamins directly into the bloodstream, you can be sure that 100% of nutrients are absorbed by your body. Vitamin IV therapy may boost your overall brain and body health in a number of different ways:
- Enhanced Clarity and Focus
- Better Sleep
- Increased Stamina for Exercising
- Enhanced Hydration
- Better Mood
- Expedites Recovery from Nagging Injuries and Strains
Plus, with our NAD+ therapy, patients can improve more of their body's functionality and even prevent muscle deterioration. It might sound like science fiction, but Juventee's IV Vitamin Therapy is as real and effective as it gets. You're probably thinking to yourself, "That's all well and good, but what's in IV drip therapy? Don't worry; we've got you covered.
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What Ingredients Are in IV Vitamin Therapy in Palisades, NY?
IV vitamin therapy is a wonderful choice if you want softer, healthier skin, a better immune system, and even a cure for that early-morning hangover from a weekend out. But if you're like most new patients, you're probably wondering what's actually in this type of IV therapy.
The contents are right there in the name, boosted with some extras to make you look and feel great. Some of the most common ingredients include vitamin C, a wide range of B vitamins, minerals, antioxidants, and amino acids. Let's take a closer look at what these typical ingredients are and why they're included in most vitamin IV therapy sessions:
If you're like most adults, your parents probably loaded you up with vitamin C whenever you had the sniffles or a cold. Your younger self might not have believed it worked, but as it turns out, your parents were onto something. According to doctors, vitamin C is one of the most important vitamins to consume. It might not be the cure-all for the common cold, but it absolutely helps maintain your immune system so you can fight the cold quicker. Also known as ascorbic acid, vitamin C also protects your body from prenatal health issues, cardiovascular problems, eye diseases, and even wrinkly skin.
When your body lacks vitamin C for a long time, you're sure to notice. Though vitamin C deficiency is relatively rare in the U.S., adults who go long periods without it may get sick frequently and suffer from other immune system issues. In extreme cases, people may get scurvy, which causes a litany of issues like joint pain, bleeding gums, and depression.
B vitamins like riboflavin (B2), niacin (B3), folic acid (b9), and cobalamin (B12) play a crucial role in keeping you healthy and maintaining your overall wellbeing. If you want a healthier body, B vitamins are critical, as they are literally building blocks that help preserve your brain functionality, cell metabolism, and energy. For pregnant women, B vitamins in IV drips are especially important because they help your new baby's brain develop while in the womb. B vitamins have also been shown to prevent congenital disabilities. Plus, they help ease feelings of nausea, which is a big bonus for moms and dads alike.
When your body is vitamin B deficient, you're putting yourself at risk of many health problems, such as complications with pregnancy, nervous system disorders, amenia, and gastric cancers.
Like the other vitamins and nutrients on this page, magnesium plays an important part in your body's total health. As a cofactor or helper molecule, magnesium has a role in 600+ bodily functions, including protein formation, nerve function, gene function, muscle movement, and energy production. If you're having a stressful day or week, high-potency magnesium has been shown to have relaxation properties that help calm your nerves and muscles. Unfortunately, most Americans don't get enough magnesium in their diets.
When your body is magnesium deficient, you could be playing with fire. Magnesium deficiency has been linked to chronic health concerns like osteoporosis, diabetes, and even heart disease. If you're feeling unusually weak or suffering from irregular muscle cramps, a vitamin IV session from Juventee could be the solution you need.
Just about every health food and drink in the stores boasts high levels of antioxidants. That's great, but what are they? Antioxidants are substances shown to slow or prevent cell damage from free radicals. Free radicals are unstable molecules linked to inflammation, disease, and forms of cancer. According to the National Library of Medicine, antioxidants also act as hydrogen and electron donors, as well as enzyme inhibitors.
Most humans get some types of antioxidants naturally through eating and drinking. However, IV vitamin therapy is a much more effective way to fight back against free radicals with antioxidants. When your body lacks antioxidants, free radical production increases, which causes oxidative stress - a harmful situation linked to arthritis, cancers, strokes, and Parkinson's disease.
Thankfully, Juventee's IV vitamin therapy in Palisades, NY contains antioxidants that may scavenge and reduce the free radicals affecting your health.
Some additional vitamins and nutrients found in most IV vitamin therapies include:
- Calcium
- Amino Acids
- Threonine
- Arginine
- Tryptophan
- Vitamin E
- Vitamin D
- More
What Can I Expect from an IV Vitamin Therapy Session?
All IV vitamin injections are applied here at the Juventee office, where our patients are comfortable and at ease. IV vitamin therapy sessions vary in length, depending on the IV therapy you choose and how many applications you need. Vitamin IV injections are administered quickly, with the patient feeling a small pinch from the needle at the injection site.
Patients should not experience any irritation or adverse effects. Once therapy is over, they may leave and go about their day feeling fantastic. While most patients leave our office feeling great, everyone's experiences are different.
What you feel after IV therapy depends on the vitamins you choose and your unique body composition. Most often, however, patients enjoy IV vitamin benefits instantly since their bodies absorb all of the nutrients provided. For optimal results, we recommend you schedule several vitamin IV therapy sessions to thoroughly care for and cleanse your body.
Are There Other Uses for Juventee's Vitamin IV Therapy?
In the past, IV vitamin therapy in Palisades, NY was reserved for sick hospital patients and the ultra-wealthy. Today, millions of health-conscious Americans use IV vitamin drips to give their bodies full-potency vitamins, antioxidants, minerals, and amino acids. Taking supplements is great, especially if you're not treating your body to a healthy diet. In reality, though, supplements and multivitamins only give you a fraction of the benefit.
Juventee's IV vitamin infusions, on the other hand, are applied directly into your bloodstream. That way, all those wonderful vitamins and nutrients bypass your digestive system, giving your body much-needed care in the blink of an eye.
Getting nutrients in an instant is a benefit on its own, but what other advantages does IV vitamin therapy provide patients? Are there other uses for a vitamin IV drip other than getting your daily vitamins? Let's take a look and see.
IV Vitamin Therapy May Help with Your Weight Loss Goals
If you're like most Americans in modern times, you could afford to lose a few pounds. Weight loss is a big topic these days - being overweight puts you at risk for a long list of ailments and diseases, so it makes sense to shed pounds. Of course, that's much easier said than done.
One savvy way health-conscious people use vitamin IV drips is to help kick start their weight loss goals. Juventee's unique vitamin formula contains metabolic boosters that help convert fat into energy, giving you the "go" needed to finish that workout. By jumpstarting your metabolism, your body can break down fat more effectively, helping you maintain a healthy weight.
IV Vitamin Therapy May Help with Nutrient Deficiencies
In hospital and medical settings, IV nutrient drips can help patients who are too sick to eat. Outside of those settings, it can also be a great way to address certain nutrient deficiencies caused by conditions like:
- Colon Cancer
- Celiac Disease
- Crohn's Disease
- Cystic Fibrosis
- Short Bowel Syndrome
Generally, people with the conditions above have a hard time getting the nutrients their bodies need via supplements and diet. Because IV vitamin therapy in Palisades, NY bypasses their digestive system, these patients can get nutrients that they otherwise wouldn't get.
IV Vitamin Drips May Boost Energy
Are you sick and tired of relying on teeth-staining coffees and chemical-ridden energy drinks to stay awake and focused? Nutrients like amino acids and B vitamins, found in IV vitamin therapies, give you a natural boost of energy, lessening your need for sugar and caffeine.
IV Vitamin Therapy May Cleanse Free Radicals & Toxins
In addition to helping with weight loss and giving you essential nutrients, vitamin IV therapies may also cleanse your body of damaging toxins and free radicals. Free radicals, in particular, can damage your DNA and speed up the aging process.
The antioxidants in Juventee's IV vitamin therapy help protect your body and its immune system by neutralizing free radicals and eliminating toxins. Some common antioxidants used include:
- Vitamin C
- Alpha-Lipoic Acid
- Glutathione
Vitamin IV Therapy May Reduce Anxiety
Ingredients in IV vitamin drips like magnesium sulfate are great for lowering blood pressure and calming nerves. But magnesium has also been shown to:
- Relax Your Muscles
- Calm Feelings of Anxiety
- Help You Sleep
- Support Your Immune System
- Prevent and Deal with Migraine Headaches
Magnesium sulfate is also a common ingredient in stress-reducing products like Epsom salts as well.
IV Vitamin Therapy in Palisades, NY May Help Cure Hangovers
We've all been there before - it's Friday afternoon, and you and your work colleagues decide to leave the office early. One of your co-workers suggests you go to a bar to let off some steam and reflect on the work week. One or two drinks, you promise yourself. The next thing you know, you're three sheets to the wind, singing bad karaoke and making new friends with everyone at the bar.
You had a great time, but now it's Saturday morning, and it feels like a cinderblock was dropped on your head. Instead of grabbing a can of salty V8, why not treat yourself to vitamin IV therapy from Juventee? The hydration provided by our IV vitamin drips helps fight back against hangover symptoms like:
- Headaches
- Muscle Aches
- Nausea
- Sour Stomach
- Dehydration
- Brain Fog
- Fatigue
Fluids from vitamin IVs get to work quick, replenishing the water you lost while you were out partying. Vitamin IVs also have much-needed electrolytes for your body, which may relieve feelings of dizziness, fatigue, and thirst.
Treat Your Body Right with IV Vitamin Therapy from Juventee
If your goal is to nourish your body with nutrients and vitamins, Juventee's IV vitamin therapy in cityname, state is the key you need to unlock success. We believe that balance is key to your health and wellness, which is why our specialists employ the most innovative medical advances in our treatment options and products. Unlike other vitamin IV clinics, our focus is on providing you with a full range of health services to help you reach your full potential.
That way, you can satisfy your aesthetic, physical, and nutritional needs while positively impacting your emotional wellbeing too. If you're on the fence about getting healthy and re-discovering the joys of youth, contact our office today. It would be our pleasure to talk about your concerns and how our preventative, proactive treatments like IV vitamin therapy can help on your journey to health.
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(201) 292-1590
Latest News in Palisades, NY
Foreclosing On The Palisades Center
Lanning Taliaferrohttps://patch.com/new-york/nyack/foreclosing-palisades-center
Wilmington Trust asked the New York State Supreme Court to put the massive mall in West Nyack into receivership.|Updated Fri, Feb 17, 2023 at 10:20 am ETWEST 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-b...
Wilmington Trust asked the New York State Supreme Court to put the massive mall in West Nyack into receivership.
|Updated Fri, Feb 17, 2023 at 10:20 am ET
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.
Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.
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."
Golfzon Social Palisades Center outside of NYC is now open
The First Call Golfhttps://www.firstcallgolf.com/industry-news/release/2023-02-22/golfzon-social-palisades-center-outside-of-nyc-is-now-open
(CHANTILLY, Va.) Golfzon, the world leader in golf simulator market share, and Troon®, the leader in providing golf and club-related leisure and hospitality services, announces the opening of its first Golfzon Social location today, February 21, at the Palisades Center in West Nyack, NY....
(CHANTILLY, Va.) Golfzon, the world leader in golf simulator market share, and Troon®, the leader in providing golf and club-related leisure and hospitality services, announces the opening of its first Golfzon Social location today, February 21, at the Palisades Center in West Nyack, NY.
Golfzon Social brings together the most technologically advanced golf simulators on the market - Golfzon's TwoVision – with a stylish, energetic atmosphere for the ultimate social experience. Attracting avid golfers, casual golfers and non-golfers alike, it features a creative, chef-driven menu, hand-crafted cocktails and craft beers. An industry-leading audio visual package makes Golfzon Social the destination for sports viewing and for those looking to go beyond the local sports bar.
The Palisades Center mall location features 22 TwoVision simulator bays and flat screen TVs throughout. The vibe is modern and is designed to be an excellent venue for hosting events or a night out. A second Golfzon Social location is opening in Scarsdale, N.Y. in Spring 2023. To learn more or book simulator time, please visit www.golfzonsocial.com.
“Golfzon Social sets a new standard for off-course golf entertainment and the Palisades Center location is a showcase for the vision we will be bringing to many more facilities in the near future,” says Tommy Lim, CEO of Golfzon North America. “While golf is at its core, the facility caters to everyone who is looking for a fun and relaxing time, regardless of their prowess on the course.”
The Golfzon Social experience delivers countless ways to socialize, dine and play golf. League and tournament play lets avid and casual golfers virtually compete around the world and a resident PGA Professional is available for guidance and lessons, no matter the season or weather. Non-golfers can get started in the game in a non-intimidating, welcoming setting or enjoy the board and patio games around the venue.
In October 2021, Troon and Golfzon announced a strategic partnership, wherein Troon has invested in Golfzon and their market-leading technology. Golfzon and Troon have an aggressive plan to roll-out additional Golfzon Social locations in the coming years in multiple cities across North America.
“We’ve taken everything into account with the opening of Golfzon Social, from partnering with the best simulator brand in the world to curating an atmosphere and food / beverage options that provide something for everyone,” said Tim Schantz, president and chief executive officer, Troon. “The off-course entertainment trend is only growing and Golfzon Social is set to become a major player in the space.”
One of the big differentiators between Golfzon Social and its competitors is the unparalleled technology and innovation that comes with the TwoVision simulator. Unveiled last year it is the most-advanced option on the market. Features include high speed sensors that capture club head and ball flight data for incredibly realistic performance feedback, a 24-way directional moving swing plate that recreates true stand and lie conditions, auto-tee and ball retrieval system, a virtual caddie to give players advice and multi-surface mats to imitate the fairway, rough and bunkers. The system also boasts incredibly realistic graphics that are 130% crisper than previous generations, as well as an LED putting guide to read greens.
RealFood Hospitality, Strategy & Design, a core Troon operating brand, is leading the food and beverage development and design for Golfzon Social locations. The menu is designed to bring people together and includes shareable appetizers that are familiar, approachable and golf-friendly, as well as larger meals suitable for a date night or business meeting – all with a chef’s twist. Food is available for either dine-in or takeout and is reflective of a variety of pan global culinary influences, while also including locally sourced fare. The beverage menu will feature a selection of craft cocktails and craft beers, including the 64 oz. Golfzon growler.
For more information or to book a bay, visit Golfzonsocial.com.
About Golfzon
Golfzon is a bestselling, global golf simulator company. Named best golf simulator by Golf Digest in the publication’s annual Editor’s Choice Awards for five consecutive years from 2017 to 2021, Golfzon has a presence in 62 countries with 6,200 sites around the world and 76 million rounds of golf played on Golfzon simulators in 2021. Golfzon also hosts two professional virtual golf tournaments (GTOUR and WGTOUR) with a total prize purse of more than $3.5 million.
About Troon
Headquartered in Scottsdale, Ariz., Troon is the world’s largest golf and golf-related hospitality management company providing services at 750-plus locations, including 740-plus 18-hole equivalent golf courses around the globe. In addition to golf, Troon specializes in homeowner association management, private residence clubs, estate management and associated hospitality venues. Troon’s award-winning food and beverage division operates and manages 600-plus food and beverage operations located at golf resorts, private clubs, daily fee golf courses and recreational facilities. With properties located in 45-plus states and 30-plus countries, Troon’s family of brands includes Troon Golf, Troon Privé, Troon International, Indigo Sports, CADDIEMASTER, ClubUp, Cliff Drysdale Tennis, Peter Burwash International, True Club Solutions, RealFood Hospitality, Strategy and Design, Casa Verde Golf and ICON Management. For additional news and information, visit www.Troon.com, or connect with Troon on Facebook, Twitter, Instagram,Troon Chronicles, Press Room, or subscribe to Troon Magazine.
Renowned Photographer Nancy Lensen-Tomasson to Exhibit Photos at Balfour Palisades
Kate Oczypokhttps://georgetowner.com/articles/2023/02/23/renowned-photographer-nancy-lensen-tomasson-to-exhibit-photos-at-balfour-palisades/
Photographer Nancy Lensen-Tomasson has been interested in photos ever since she was a child. The 91-year-old recalled using a box camera as a youth, taking art lessons in high school and eventually majoring in art and art history at Wellesley, where she graduated in 1953.Her first job was at former publisher D.C. Heath and Company, where she learned graphic design and book design, as well as typography. She later worked in Boston and eventually New York, where she spent time at McGraw Hill.Lensen-Tomasson eventually married and...
Photographer Nancy Lensen-Tomasson has been interested in photos ever since she was a child. The 91-year-old recalled using a box camera as a youth, taking art lessons in high school and eventually majoring in art and art history at Wellesley, where she graduated in 1953.
Her first job was at former publisher D.C. Heath and Company, where she learned graphic design and book design, as well as typography. She later worked in Boston and eventually New York, where she spent time at McGraw Hill.
Lensen-Tomasson eventually married and worked part-time in Stockholm, Sweden. Since she married who she called “an academic,” she soon found herself living in Champaign-Urbana where she worked as a book designer for the University of Illinois press and was a teaching assistant in the design department there.
“All of that before I became a photographer!” she said. While in New York, Lensen-Tomasson took photography courses in the evenings with Alexey Brodovitch, who was art director for Harper’s Bazaar from 1934 to 1958.
She eventually moved to New Mexico where her husband got a teaching job and by 1968, she decided to go back to school to get a graduate degree at the University of New Mexico in Albuquerque to teach photography.
“I’ve always been interested in people and environments,” she said. “None of my work is abstract.” Her inspiration shows in her 2021 photography book “Women of the Ivory Coast and Mali: Photographs of a Heritage.”
Her photos from the book were on display last summer at the Bronx River Art Museum in New York. The series of 22 silver print, black-and-white photos of women of the Ivory Coast and Mali are from 1989-1992. Lensen-Tomasson captured the women engaging in day-to-day tasks like washing their clothes, cooking and dancing. After decades of war, terrorist occupations and the like, the photos are a stark reminder of cultures that may be unrecognizable, or perhaps gone forever.
Lensen-Tomasson, who lives in the D.C. area, had been wanting to downsize from the home she inherited from her parents. She now has a spot reserved in Balfour Palisades, the new senior living community coming to the area next year. When she met Cynthia McKee, director of pre-leasing for the community, Lensen-Tomasson showed her examples from the exhibit at the Bronx River Art Museum. Soon, McKee proposed showing the photos as part of a program with Balfour.
Lensen-Tomasson’s photography will be on display March 8 to 22, noon to 6 p.m., Monday through Friday at the Balfour Palisades Leasing Center at 4418 MacArthur Blvd. NW. Lensen-Tomasson will be appearing at a Meet the Author Book Signing and Event Saturday March, 11 12:30 to 2 p.m., with books available for purchase.
You can read more about Nancy Lensen-Tomasson here and more information on leasing with Balfour can be found by emailing [email protected] or 202-935-5250.
Palisades Center Foreclosure Complicates Clarkstown’s Defense Of Tax Challenge
rcbizjournalhttps://rcbizjournal.com/2023/02/21/palisades-center-foreclosure-complicates-clarkstowns-defense-of-tax-challenge/
Town Hoped Subpoenaed Documents From Mall Lenders Would Show Mall’s Value Was Sound; Foreclosure Throws Wrench In Legal StrategyBy Tina TrasterFor several years, Eklecco NewCo LLC, the company that owns the Palisades Center in West Nyack, has been filing tax certiorari petitions to reduce the mall’s tax assessment. The Town of Clarkstown has consistently rejected the petitions and the fight is playing out glacially in Rockland County Supreme Court.The mall says it’s “Full Market Value” is ...
Town Hoped Subpoenaed Documents From Mall Lenders Would Show Mall’s Value Was Sound; Foreclosure Throws Wrench In Legal Strategy
By Tina Traster
For several years, Eklecco NewCo LLC, the company that owns the Palisades Center in West Nyack, has been filing tax certiorari petitions to reduce the mall’s tax assessment. The Town of Clarkstown has consistently rejected the petitions and the fight is playing out glacially in Rockland County Supreme Court.
The mall says it’s “Full Market Value” is $172,594,661, the town claims it is worth $518,386,916, a difference of about $345 million. The mall’s tax petitions say its financial troubles stem from e-commerce, declining sales, record bankruptcies and multiple store closures, particular for “department stores and fashion retailers, which were once the primary focus of our business.”
The mall is seeking a reduction of assessment from $140 million to $46.7 million. Taxes are levied on assessed value, not full market value. Full market value is determined by an equalization rate applied to the assessed value. Should the mall succeed, its assessed value would be reduced from $140 million to about $46.7 million. Its full market value would equalize to about $172 million.
Clarkstown recently scored a legal victory back in December when Justice Thomas Zugibe issued an order allowing the town to subpoena financial records from the mall’s lenders in an effort to prove the mall is worth more than what it claims in its court filings. The town’s theory is that the mall is providing a rosier set of financial data to its lenders than to the town.
But the town winning on that front is likely to be a tough strategy now that the mall is facing foreclosure after defaulting on its loan obligations. Clarkstown will have a more difficult time proving the mall is worth more than $500 million. The owners of the Palisades Center fought the issuance of the subpoenas for many months but finally agreed to provide documents “limited to any appraisals that were performed on their behalf or obtained on their behalf, and any financials that Pyramid submitted to any of those entities in connection with the transactions involving those entities.” In other words, the lenders will produce documents that are similar to the ones that Pyramid has already provided to the town.
Document production is still many months away so no resolution of the matter is likely in the short-term.
Malls owned by Pyramid, and others are struggling to survive. Ratings agencies have been downgrading the credit of debt securities backed by indoor shopping malls for years now on falling occupancy rates and rents.
Online shopping has shifted the way people buy goods and services. Many big boxes and department stores have either shuttered or become obsolete. While others replaces them and fast food continues to be a strong tenant base, malls are having trouble reinventing themselves. While there’s been talk of adding a housing element to the mall, town officials have not had an appetite to pursue that plan, sources say. As malls were becoming more vulnerable, COVID-19 issued another near-fatal blow to malls, forcing store closures. Mall owners have used favorable leasing prices and terms to fill their empty spaces.
But it might not be working.
Last week Wilmington Trust, acting as a trustee for CMBS bondholders, filed in New York Supreme Court, New York County, to foreclose on the 2.2 million-square-foot shopping and entertainment complex, claiming Syracuse-based owner Pyramid Management Group defaulted on a $418.5 million loan tied to the mall property.
JPMorgan Chase and Barclays provided Pyramid with the loan in 2016 and assigned the debt to the CMBS trust and Wilmington as the trustee that same year. Palisades Center suffered from the loss of anchor tenants including JCPenney in the years that followed, and Covid-related business shutdowns exacerbated the situation.
The loan was set to mature in April 2021, but Pyramid asked for a temporary moratorium on payments early in the pandemic, when a default appeared imminent. The two sides reached a standstill agreement in June 2020, extending the loan’s maturity date.
Pyramid failed to make good on its payments this past fall, according to the foreclosure suit, and the loan went into default, despite a forbearance agreement entered into in October of 2022. Pyramid was notified of the default in November of last year.
The Palisades Malls is not the only asset that’s in trouble.
Two loans valued at $157 million taken out by the Pyramid-owned 1.7 million square foot Crossgates Mall in Albany County appears to be headed once again toward potential default amid the widespread financial challenges, according to the Times Union.
The two loans were flagged due to fears that a default on the debt was “imminent,” according to Bloomberg. The loans, which had been given a one-year extension last May, are coming due again.
As in Clarkstown, Pyramid also has been seeking to dramatically reduce its property tax expenses in the Town of Guilderland. Crossgates has been bleeding money as it has been forced to reduce rent for key tenants and offer other retailers.
Celebrate George Washington's Birthday at Washington's Headquarters
iloveny.comhttps://www.iloveny.com/thebeat/post/celebrate-george-washingtons-birthday-at-washingtons-headquarters/
Newburgh, NY – Celebrate General George Washington’s birthday– his 291st - at Washington’s Headquarters State Historic Site. As one of the critical figures in our country’s birth, one or two days honoring him just isn’t enough; Washington’s Headquarters in Newburgh does THREE days – February 18th, 19th and 20th, from 12 PM until 3 PM each day. Admission is free for all those three days, though donations are welcomed.Sing &ldquo...
Newburgh, NY – Celebrate General George Washington’s birthday– his 291st - at Washington’s Headquarters State Historic Site. As one of the critical figures in our country’s birth, one or two days honoring him just isn’t enough; Washington’s Headquarters in Newburgh does THREE days – February 18th, 19th and 20th, from 12 PM until 3 PM each day. Admission is free for all those three days, though donations are welcomed.
Sing “Happy Birthday” to the General (reenactor John Koopman) as he cuts into his birthday cake, officially starting the day’s festivities. Have a piece of cake and prepare to enjoy all that each day offers: history, music, demonstrations of 18th century camp life, and a take-home craft.
After enjoying his cake, the General will meet visitors at his Headquarters, along with his Aide-de-Camp, Tench Tighlman (reenactor Ryan Williams.) Mrs. Washington (reenactor Sandy Spector) will join him Sunday and Monday. Each day, Balladeer Thad McGregor will offer musical entertainment, and youth of all ages can create a take-home craft! On the grounds, Revolutionary War reenactors will perform demonstrations of 18th century camp life.
Make sure you explore the Museum and our newest exhibit, The Defense of the Hudson. Other exhibits include Unpacked & Rediscovered: Selections from Washington’s Headquarters’ Collection, George Washington: Perspectives on His Life and Legacy, The Preservation of Washington's Headquarters, and the Junior Curator Project 2020.
For more information call 845-562-1195.
The Washington Project 2023…starting Monday, February 20th of President’s weekend, search YouTube’s “Palisades Interstate Parks Commission Television” for The Washington Project 2023. Watch Hudson Valley students as they present interpretations of Washington’s historic events at Headquarters through their own, individually created theatrical and musical performance pieces. There will be also a special program, The Washington Project 2023 Live!, on Sunday, February 26th at 4pm at the Safe Harbors Lobby at the Ritz, 107 Broadway, Newburgh.
The Washington Project 2023 is a collaboration between Safe Harbors of the Hudson and Washington’s Headquarters State Historic Site. Funding is provided through the New York State Connect Kids to Parks initiative, a program of New York State Parks, and the Environmental Protection Fund.
Washington's Headquarters State Historic Site is a registered National Historic Landmark. It is located at the corner of Liberty and Washington Streets within the city of Newburgh's East End Historic District. The site is one of 35 historic sites within the New York State Office of Parks, Recreation and Historic Preservation and is one of 28 facilities administered by the Palisades Interstate Park Commission in New York and New Jersey. For further information contact: (845) 562-1195. For more information about New York State Parks, please visit our website at www.parks.ny.gov. For more information call 845-562-1195 or visit us on Facebook at www.facebook.com/washingtonsheadquarters
The Palisades Parks Conservancy is a 501(c)(3) nonprofit that supports the Palisades Interstate Park system. Partnering with PIPC, we protect the PIP’s natural and historic resources by raising funds, increasing public awareness and supporting visitor education.
Palisades Parks Conservancy’s mission is to preserve the Palisades Interstate Park’s rich history and biodiversity,and protect America’s first bi-state park system. The Conservancy is committed to supporting parks where all visitors can play, connect, and immerse themselves in nature and culture.
Palisades Parks Conservancy support of the Palisades’ historic sites, including Washington’s Headquarters, ensures education programs are available to the public, our history is preserved, and sites are visitor-ready. Partnering to restore the Tower of Victory at Washington’s Headquarters is one of our proudest moments. To learn about events and programs available within the Palisades Interstate Park system, visit us at https://www.palisadesparks.org/calendar. To make a gift to support our historic sites and parks, please visit us at https://www.palisadesparks.org/donate-1.
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Contact: Elyse B. Goldberg | [email protected] | 845-562-1195
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