HNA Conference Center in Palisades For Sale

The HNA Conference Center in Palisades, formerly the IBM Conference Center, is up for sale. Supervisor Chris Day says the China-based company that owns the 100-acre property, has been trying to unload several properties they own here in the United States. At a public hearing earlier this week, Day said a Brooklyn bidder that was looking to buy the property hasn’t been able to get the money together…

The town had changed its zoning last year, allowing HNA to sell its rooms to daily travelers even if they weren’t staying at the center for a conference, a requirement under previous zoning rules. Town councilman Tom Diviny says the town should hold a public hearing and consider changing the zone back…

The center is located between Route 340 and Route 9W in Palisades and pays about $1.6 million in property taxes each year to the town.

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