More than 800 wfh. Hurt Kubal as well. Not sure it will ever be the same for office workers pre pandemic. Everyone is permanently wfh or hybrid across most industries.
apnews.com
I am a hard no on this plan, hopefully it won't pass zoning between Clay and Salina although I am sure it probably will.
Chick-fil-A proposed for busy, iconic intersection in Onondaga County
Chick-fil-A has restaurants in Clay and Cicero.www.syracuse.com
The Atlanta-based chain wants to build a 2,800-square-foot restaurant with drive-thru on four parcels at Sweetheart Corners.
The land for the restaurant would encompass four parcels, according to the plans. Two of the parcels are in Clay, and two are in North Syracuse. The restaurant would need a zone change for one quarter-acre parcel it wants to build on.
One of the parcels, at 3920 Brewerton Road, is home to Basil Leaf Ristorante...“There is a lot of interest in this corner,’' he said (owner of Basil Leaf). “Dunkin’ Donuts was interested and I get calls all the time from people,’' he said.
If he finalized an agreement to sell, DiRubbo said he would likely move his restaurant nearby.
The Chick-fil-A proposal calls for tearing down three buildings on the parcels...The restaurant would have some outdoor seating and 48 parking spaces.
Agree, there are plenty of other places on Route 11 they could build. How about where the old Ponderosa Plaza is or Club 37? I believe those sites reside in both Clay and Salina as well. They'll find a site to build over here somewhere, hopefully it won't be Sweetheart Corners.
Yeah, hard no if it disrupts the Clam Bar. Plenty of locations that are need development.
I am a hard no on this plan, hopefully it won't pass zoning between Clay and Salina although I am sure it probably will.
Chick-fil-A proposed for busy, iconic intersection in Onondaga County
Chick-fil-A has restaurants in Clay and Cicero.
The Atlanta-based chain wants to build a 2,800-square-foot restaurant with drive-thru on four parcels at Sweetheart Corners.
The land for the restaurant would encompass four parcels, according to the plans. Two of the parcels are in Clay, and two are in North Syracuse. The restaurant would need a zone change for one quarter-acre parcel it wants to build on.
One of the parcels, at 3920 Brewerton Road, is home to Basil Leaf Ristorante...“There is a lot of interest in this corner,’' he said (owner of Basil Leaf). “Dunkin’ Donuts was interested and I get calls all the time from people,’' he said.
If he finalized an agreement to sell, DiRubbo said he would likely move his restaurant nearby.
The Chick-fil-A proposal calls for tearing down three buildings on the parcels...The restaurant would have some outdoor seating and 48 parking spaces.
Put it in that old KMart plaza or the old Northern Lights.
They hired a new kitchen mgr which was sorely needed. I don't disagree with your statement but I think/hope they have turned a corner for the better.
Kicking the can down the roadWalden Galleria owner in danger of defaulting on mortgage
The Cheektowaga mall's owner, Pyramid Management Group, isn't throwing in the towel. It is asking its lenders for five more years to overcome its hurdles.buffalonews.com
Now, Syracuse-based Pyramid is facing "imminent default" on its $237.7 million mortgage, which has been sent back for "special servicing" by KeyBank for the second time in the past two years, according to a bulletin from commercial real estate research firm Trepp LLC.
Pyramid is still current on its debt, but the 10-year loan is due in May with a massive balloon payment, and the property is now only worth $216 million – a big drop from $600 million when the loan was originated and sold in 2012. So Pyramid is asking the servicer for a five-year extension to give it more time.
Walden Galleria owner in danger of defaulting on mortgage
The Cheektowaga mall's owner, Pyramid Management Group, isn't throwing in the towel. It is asking its lenders for five more years to overcome its hurdles.
Now, Syracuse-based Pyramid is facing "imminent default" on its $237.7 million mortgage, which has been sent back for "special servicing" by KeyBank for the second time in the past two years, according to a bulletin from commercial real estate research firm Trepp LLC.
Pyramid is still current on its debt, but the 10-year loan is due in May with a massive balloon payment, and the property is now only worth $216 million – a big drop from $600 million when the loan was originated and sold in 2012. So Pyramid is asking the servicer for a five-year extension to give it more time.
not good but inevitable. the writing has been on the wall for a while.
www.wsj.com
Yep and fill them with senior apartments as well. One stop shopping.Wouldn't be surprised to see something like this:
Mall Customers Shop for New Hips or Knees as Surgery Centers Fill Store Vacancies
Hospitals and other healthcare providers are expanding into the empty spaces left behind as malls lose anchor retail tenants.
We haven't seen that in the Syracuse area with malls closing. And Destiny is huge... too big for a single medical facility.Wouldn't be surprised to see something like this:
Mall Customers Shop for New Hips or Knees as Surgery Centers Fill Store Vacancies
Hospitals and other healthcare providers are expanding into the empty spaces left behind as malls lose anchor retail tenants.
