The town is preparing for a possible decrease in the assessed value of the Hudson Valley Mall, which lost two anchor stores before being sold for a fraction of its former value.
The pending takeover of the bankrupt Hudson Valley Mall is shaping up as another of those good-news-bad-news scenarios. The result could be a leaner, cleaner mall, with perhaps a major food store and expanded theaters. But the town is likely to take a huge hit on property taxes.
‘Why is a property a failed property? It’s because it doesn’t have the income. But there’s no bad property, it’s just lack of investment and bad stewardship. And that’s what’s occurred.’
After losing two anchor stores, a bankruptcy and tax deal that reduced its value by 90 percent, the Hudson Valley Mall need some new ideas to turn things around. Here are a few possibilities.
It took a law imported all the way from Rochester to do it, but the proposal to turn a Midtown
The other shoe has dropped at the financially troubled Hudson Valley Mall on Ulster Avenue. Its $49.4-million mortgage has been
I wish that the movie theater at the Hudson Valley Mall would offer move movies beyond the typical, often inane,
A staple of Woodstock’s musical community is expanding. The Woodstock Music Shop will be opening a new branch at the Hudson
Bernie Sanders — man of destiny? Throughout history at times of great change, turmoil and crisis it seems that often
As the holiday season approaches, the Hudson Valley Mall (HVM) in the Town of Ulster, once the epicenter of retail