The demolition of a local landmark building that’s been a mainstay on Rockland’s southern border since 1986 has been delayed. NorthJersey.com says the old, 22-story former Sheraton Mahwah Hotel in Bergen County was originally slated to be brought down yesterday, but that’s now been pushed off to May 10th or 11th. The building reportedly has been gutted and any asbestos removed. The hotel closed in December 2023. From 1961 to 1980, the site was home to a Ford Motor Company assembly plant. The future of the site remains up in the air. A developer has not yet submitted a site plan for two large warehouses that have already been approved.
WRCR Market Analyst: Tariffs War With China Could Favor China
Discussions are underway with China about the tariff war between that nation and the United States, or are they? Reuters reported it wasn’t quite clear whether there were discussions going on between the two countries or not, as the president said there are but his Treasury Secretary said his discussions were focused on other economic issues. WRCR market analyst Connor Mahoney of Mahoney Asset Management says when it comes to tariffs, China has the edge against the U.S.…
Agriculture Secretary Brooke Rollins Sunday said the U.S was holding daily conversations with China about the tariffs, but did not elaborate.
Monday 4/28 on “The Morning Show w/ Jeff & Will”
7:15 “Real Estate Update” w/ Naomi Streicher of Q Home Sales
8:30 Market Report w/ Ken Mahoney of Mahoney Asset Management
8:45 Michael Specht Town of Ramapo Supervisor
9:15 Tina Traster Rockland County Business Journal
WRCR Market Analysts: Consumers Warned of Tariffs’ Effects, First-Time Home Buyers Getting Skittish
While the stock market has taken on much of the impact from the tariffs so far, companies are starting to warn consumers how they’ll affect consumers and the companies themselves. Axios reported that CEOs from retail giants Target and WalMart had a private meeting with the president about them, and NBC News reported Procter & Gamble and PepsiCo have sounded the alarm during quarterly earnings reports. WRCR’s senior market analyst Ken Mahoney of Mahoney Asset Management says all the uncertainty and the back-and-forth policy changes the president continues to make day-to-day, has the nation teetering on the edge of a recession…
Ann Zeilingold of FM Home Loans in New City says first-time home buyers in particular, are starting to get nervous about the uncertainty in the economy…
The CEO of a homebuilding company told NBC News that tariffs could add another $5,000 to the average sale price of a new home.
News Briefs: Drug Take Back Day, Ramp Closure in Orangetown
Tomorrow’s the day you can safely get rid of prescription drugs safely. Rockland pharmacies are participating in the DEA’s National Take Back Day, designed to help residents safely dispose of unwanted, expired, or excess medications, helping to keep them out of the waterways or the wrong hands. You can bring the pills and meds to CVS pharmacies in New City, Bardonia, and Garnerville, or Walgreens in Nyack, Stony Point, Spring Valley and Suffern. Police departments in Orangetown and Piermont are also accepting the extra meds as well.
Construction to Close Ramp in South Nyack this Weekend
Construction is going to affect your commute to the Thruway this weekend. The New York State Thruway Authority says the ramp from northbound Route 9W to the southbound Thruway and Tappan Zee Bridge in South Nyack will be closed this weekend for maintenance work. The closure starts at 10pm tonight and runs until 5am on Monday. Drivers will see a posted detour that goes to exit 11 in Nyack to get to the southbound Thruway and the bridge.