Final Report Hamlet of Nanuet Transit Oriented Development Plan

Total Page:16

File Type:pdf, Size:1020Kb

Final Report Hamlet of Nanuet Transit Oriented Development Plan CGC41249 Hamlet of Nanuet Transit Oriented Development Plan final report prepared for Town of Clarkstown, New York prepared by Cambridge Systematics, Inc. in collaboration with AKRF, Inc. October 1, 2017 www.camsys.com final report Hamlet of Nanuet Transit Oriented Development Plan prepared for Town of Clarkstown, New York prepared by Cambridge Systematics, Inc. 38 East 32nd Street, 7th Floor New York, NY 10016 date October 1, 2017 Hamlet of Nanuet Transit Oriented Development Plan Table of Contents 1.0 Introduction .................................................................................................................................................. 1 2.0 Existing Conditions ........................................................................................................................................ 3 2.1 Study Area Description ................................................................................................................................ 3 2.2 Study Area History ....................................................................................................................................... 3 2.3 Study Area Natural Systems ........................................................................................................................ 5 2.4 Literature Review ........................................................................................................................................ 5 2.5 Land Use and Urban Design ......................................................................................................................... 7 2.5.1 Land Use ........................................................................................................................................ 7 2.5.2 Urban Design .................................................................................................................................... 10 2.6 Transportation ........................................................................................................................................... 13 2.6.1 Pedestrian Network ..................................................................................................................... 13 2.6.2 Bicycle Network ........................................................................................................................... 14 2.6.3 Transit Service ............................................................................................................................. 14 2.6.4 Automobile Access ...................................................................................................................... 15 2.6.5 Future Development Plans and Projects ..................................................................................... 16 2.7 Demographics ............................................................................................................................................ 17 2.7.1 Age Cohorts ................................................................................................................................. 17 2.7.2 Educational Attainment .............................................................................................................. 17 2.7.3 Household Income ...................................................................................................................... 18 2.7.4 Poverty Rate ................................................................................................................................ 19 2.7.5 Employment Status ..................................................................................................................... 19 2.7.6 Employment Industries ............................................................................................................... 20 3.0 Public Engagement Program........................................................................................................................ 21 3.1 Steering Committee ................................................................................................................................... 21 3.2 Public Workshop & Engagement ................................................................................................................ 23 3.3 Stakeholder Outreach Interviews & Surveys .............................................................................................. 25 3.4 Additional Review & Public Communication Opportunities ....................................................................... 26 4.0 TOD 101 ...................................................................................................................................................... 28 4.1 What is TOD? ............................................................................................................................................. 28 4.2 TOD Guidelines .......................................................................................................................................... 28 4.2.1 Minimum net density: ................................................................................................................. 30 4.2.2 Appropriate floor area ratio (FAR): ............................................................................................. 30 Cambridge Systematics, Inc. ES-1 Hamlet of Nanuet Transit Oriented Development Plan 4.2.3 Land use mix: ............................................................................................................................... 30 4.3 Case Studies and Best Practices................................................................................................................. 30 4.4 Regional Trends in TOD ............................................................................................................................. 32 4.5 Local Trends in TOD ................................................................................................................................... 41 4.6 The Hamlet of Nanuet TOD Indicators ...................................................................................................... 43 5.0 Nanuet Transit Oriented Development (TOD) Plan ...................................................................................... 44 5.1 Goals and Principles ................................................................................................................................... 44 5.2 Zoning ........................................................................................................................................................ 45 5.2.1 Overall Program & TOD Design ................................................................................................... 49 5.2.2 Transit Oriented Development (TOD) Area 1 .............................................................................. 49 5.2.3 Transit Oriented Development (TOD) Area 2 .............................................................................. 54 5.2.4 Transit Oriented Development (TOD) Area 3 .............................................................................. 58 5.2.5 Hamlet Commercial (HC) ............................................................................................................. 63 5.3 Infrastructure ............................................................................................................................................. 64 5.3.1 Transportation Infrastructure ..................................................................................................... 64 5.3.2 Parking ......................................................................................................................................... 66 5.4 Programmatic Elements ............................................................................................................................ 68 5.4.1 Civic Spaces, Parks and Recreation Facilities ............................................................................... 68 5.4.2 Pedestrian Space Design ............................................................................................................... 71 5.4.3 Public Buildings, Schools, Police, Fire Stations, Municipal Buildings ............................................ 71 5.4.2 Water, Stormwater, and Wastewater Infrastructure .................................................................. 71 5.4.5 Light‐Emitting Diode (LED) Lighting .............................................................................................. 72 5.4.6 Electrical Utilities ........................................................................................................................... 72 5.4.7 Electrical Vehicle (EV) Parking ....................................................................................................... 72 5.4.8 Integration of LEED ND Design Principles ..................................................................................... 73 6.0 Cost Estimates for Proposed Infrastructure and Programmatic Elements ..................................................... 74 7.0 Implementation Strategy ............................................................................................................................ 81 7.1 Short‐Term (1‐5 years)............................................................................................................................... 81 7.2 Long‐Term (6‐15 years) ............................................................................................................................
Recommended publications
  • The Shops at Nanuet, Along Route 59 at the New York State Thruway, Just 3.5 Miles North of the Bergen/Rockland County Line
    200 Nanuet Mall Route 59 NANUET Redevelopment of Nanuet, NY - Rockland County -PLAZA- 225,000 SF Macy’s Property DEMOGRAPHICS TRADE AREA POPULATION DAYTIME WORKFORCE POPULATION 438,385 220,160 TRADE AREA HOUSEHOLDS MEDIAN AGE 143,776 38.6 AVERAGE HOUSEHOLD INCOME MEDIAN HOME VALUE $124,871 Annually $541,427 The Nanuet Plaza is conveniently located with- in The Shops at Nanuet, along Route 59 at the New York State Thruway, just 3.5 miles north of the Bergen/Rockland County line. • The property is located in affluent Rockland County, New York, at the confluence of two major arteries: Route 59 and Middletown Road. • The Shops at Nanuet is convenient from several major routes: I-87 (New York State Thruway)/I-287, Palisades Parkway, Garden State Parkway, and Route 59. • The center is 20 miles north of Manhattan and 13 miles west of White Plains. FEATURED TENENTS OVERVIEW REGAL CINEMAS . D R 24 HOUR FITNESS N PROPOSED W REDEVELOPMENT O T E THE SHOPS AT NANUET DDL ZINBURGER .MI WINE & BURGER BAR S BANCHETTO FEAST SEARS FAIRWAY MARKET VERIZON WIRELESS PATSY’S PIZZERIA TD BANK BJ’S RESTAURANT P.F. CHANG’S & BREWHOUSE SR 59 N AERIAL OVERVIEW The long tenured Macy’s department store that has anchored the Shops at Nanuet will be redeveloped into a new retail space. This presents the opportunity for future tenents to revitalize the existing facade and begin the tranformation of the center. 170'-3" 67'-9" 197'-7" 28'-0" TYP. 365'-11" TYP. 28'-0" 28'-0" TYP. TYP. 28'-0" 365'-7" EXISTING RETAIL ± 103,636 S.F.
    [Show full text]
  • 2019 Property Portfolio Simon Malls®
    The Shops at Clearfork Denver Premium Outlets® The Colonnade Outlets at Sawgrass Mills® 2019 PROPERTY PORTFOLIO SIMON MALLS® LOCATION GLA IN SQ. FT. MAJOR RETAILERS CONTACTS PROPERTY NAME 2 THE SIMON EXPERIENCE WHERE BRANDS & COMMUNITIES COME TOGETHER SIMON MALLS® LOCATION GLA IN SQ. FT. MAJOR RETAILERS CONTACTS PROPERTY NAME 2 ABOUT SIMON Simon® is a global leader in retail real estate ownership, management, and development and an S&P 100 company (Simon Property Group, NYSE:SPG). Our industry-leading retail properties and investments across North America, Europe, and Asia provide shopping experiences for millions of consumers every day and generate billions in annual sales. For more information, visit simon.com. · Information as of 12/16/2019 3 SIMON MALLS® LOCATION GLA IN SQ. FT. MAJOR RETAILERS CONTACTS PROPERTY NAME More than real estate, we are a company of experiences. For our guests, we provide distinctive shopping, dining, and entertainment. For our retailers, we offer the unique opportunity to thrive in the best retail real estate in the best markets. From new projects and redevelopments to acquisitions and mergers, we are continuously evaluating our portfolio to enhance the Simon experience—places where people choose to shop and retailers want to be. 4 LOCATION GLA IN SQ. FT. MAJOR RETAILERS CONTACTS PROPERTY NAME WE DELIVER: SCALE A global leader in the ownership of premier shopping, dining, entertainment, and mixed-use destinations, including Simon Malls®, Simon Premium Outlets®, and The Mills® QUALITY Iconic, irreplaceable properties in great locations INVESTMENT Active portfolio management increases productivity and returns GROWTH Core business and strategic acquisitions drive performance EXPERIENCE Decades of expertise in development, ownership, and management That’s the advantage of leasing with Simon.
    [Show full text]
  • Securities and Exchange Commission Form 8-K
    SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 27, 2012 22OCT200718575927 SIMON PROPERTY GROUP, INC. (Exact name of registrant as specified in its charter) Delaware 001-14469 046268599 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 225 WEST WASHINGTON STREET 46204 INDIANAPOLIS, INDIANA (Zip Code) (Address of principal executive offices) Registrant’s telephone number, including area code: 317.636.1600 Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: អ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) អ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) អ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act 17 CFR 240.14d-2(b)) អ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 2.02. Results of Operations and Financial Condition On April 27, 2012, Simon Property Group, Inc. (the ‘‘Registrant’’) issued a press release containing information on earnings for the quarter ended March 31, 2012 and other matters. A copy of the press release is attached hereto as Exhibit 99.2 and the information in the press release is incorporated by reference into this report.
    [Show full text]
  • Where Brands & Communities Come Together
    WHERE BRANDS & COMMUNITIES COME TOGETHER 2b SM SM SM SM 2013 ANNUAL REPORT PAGE ii PAGE v PAGE viii FROM THE FINANCIAL INVESTMENT CHAIRMAN & CEO HIGHLIGHTS HIGHLIGHTS PAGE xi PAGE xii PAGE 1 SUSTAINABILITY BOARD OF 10-K HIGHLIGHTS DIRECTORS AND MANAGEMENT PAGE 46 Management’s Discussion & Analysis PAGE 66 Financial Statements Simon Property Group, Inc. (NYSE: SPG) is an S&P100 company and a leader in the global retail real estate industry. SCALE LARGEST GLOBAL OWNER OF RETAIL REAL ESTATE QUALITY ICONIC, IRREPLACEABLE PROPERTIES IN GREAT LOCATIONS INVESTMENT ACTIVE PORTFOLIO MANAGEMENT INCREASES PRODUCTIVITY AND RETURNS GROWTH CORE BUSINESS AND STRATEGIC ACQUISITIONS DRIVE PERFORMANCE EXPERIENCE DECADES OF EXPERTISE IN DEVELOPMENT, OWNERSHIP, MANAGEMENT ii iii FROM THE CHAIRMAN & CEO Dear Fellow Stockholders, First and foremost, if I may, let me start by thanking my colleagues for delivering a record-breaking year to you, our stockholders. From our maintenance and management staff to our leasing and development personnel at headquarters and all in between, everyone did their part in delivering these impressive results. The quality of the people at Simon Property Group (“SPG”) and, of course, our properties combined to generate record-setting results. Our funds from operations (“FFO”) increased from a strong 2012 by 10.9% to $8.85 per share. Since the great recession, the growth per share of FFO has totaled 76%. We increased our dividend for 2013 by 13.4% to a total of $4.65 per common share, an increase of 79% since the great recession, and with the recent increase in the first quarter of 2014 to $1.25 per share we are now on track to pay $5.00 per share this year.
    [Show full text]
  • Clarkstown Downtown Name: Nanuet Hamlet Center County Name: Rockland Vision for Downtown
    APPLICATION Applications for the Downtown Revitalization Initiative will be received by the Regional Councils. Applicant responses for each section should be as complete and succinct as possible. Applications should be submitted as Word documents and must be received by the appropriate Regional Council by 4:00 PM on June 1, 2018 at the email address provided at the end of this application. Application guidance is provided in the Downtown Revitalization Initiative Guidebook found on the DRI website at www.ny.gov/dri. BASIC INFORMATION Regional Economic Development Council (REDC) Region: Mid-Hudson Municipality Name: Town of Clarkstown Downtown Name: Nanuet Hamlet Center County Name: Rockland Vision for Downtown. Provide a brief statement of the municipality’s vision for downtown revitalization. Clarkstown’s vision is to position Nanuet as a dynamic regional center by creating a downtown for the 21st Century utilizing a Transit Oriented Development (TOD) approach. By redeveloping vacant and underutilized land in the Hamlet Center along the Pascack Valley NJ Transit railway, the project seeks to transform Nanuet into a vibrant, mixed-use, sustainable, transit-oriented, and walkable neighborhood attractive to seniors and millennials alike. The TOD plan will: 1) Link the downtown historic district with the recently redeveloped regional open-air shopping center, the Shops of Nanuet; 2) Attract private development for mixed-use, affordable housing, including senior housing; 3) Create parks and other greenspace; 4) Create connectivity throughout the Hamlet Center with a multiuse path and a new road grid; 5) Develop a new multi-modal transit facility that will encourage public transit use for both residents and regional shoppers and will link workers to skilled jobs regionally; and 6) Create hundreds of permanent jobs locally.
    [Show full text]
  • In the Superior Court of the State of Delaware Simon
    EFiled: Jun 02 2020 05:08PM EDT Transaction ID 65668754 Case No. N20C-06-034 EMD CCLD IN THE SUPERIOR COURT OF THE STATE OF DELAWARE SIMON PROPERTY GROUP, L.P., ) on behalf of itself and its affiliated ) landlord entities, ) ) Plaintiff, ) ) v. ) C.A. No. (CCLD) ) THE GAP, INC., OLD NAVY, LLC, ) INTERMIX HOLDCO, INC., ) BANANA REPUBLIC, LLC, AND ) ATHLETA LLC, ) ) Defendants. ) COMPLAINT Plaintiff Simon Property Group, L.P. (“Simon”), on behalf of itself and as assignee of its various landlord entities (“Simon Landlords”), by and through its undersigned counsel, and as for its Complaint against The Gap, Inc., Old Navy, LLC, Intermix HoldCo, Inc., Banana Republic, LLC, and Athleta LLC (collectively, “Defendants” or “The Gap Entities”), alleges and states as follows: NATURE OF THE ACTION 1. Simon seeks monetary damages from The Gap Entities for failure to pay more than $65.9 million in rent and other charges due and owing under certain retail Leases (defined below) plus attorneys’ fees and expenses incurred in connection with this suit. 2. The Gap Entities are in default on each of the Leases for failure to pay rent for April, May and June, 2020. As of the date of this filing (June 2, 2020), there is due and owing approximately $65.9 million in unpaid rent to each of the Landlord entities. The amounts due and owing will continue to accrue each month, with interest, and The Gap Entities are expected to fall even further behind in rent and other charges due to be paid to the Simon Landlords. PARTIES 3. Simon, a Delaware limited partnership, is the principal operating partnership for Simon Property Group, Inc., a publicly-held Delaware corporation and Simon’s sole general partner.
    [Show full text]
  • The Shops at Nanuet®
    THE SHOPS AT NANUET ® NANUET (METRO NEW YORK), NEW YORK The Shops at Nanuet is ideally located to 4 serve affluent residents of Rockland County, New York, and neighboring Bergen County, New Jersey. Having just completed a major PALISADES PKWY. APARTMENT redevelopment, the new open-air center COMPLEXES features renovated stores, Fairway Market, Regal Cinemas, 24 Hour Fitness, and an Normandy Village: 450 units array of restaurants and upscale retail with a focus on fashion, accessories, and home furnishings. 3 5 SINGLE-FAMILY 1 NY STATE THRUWAY 2 3 RESIDENTIAL Average Home Price: $611K THE SHOPS AT NANUET 2 Major Retailers: Macy’s, Sears, Fairway Market, Regal Cinemas, 24 Hour Fitness 6 GLA: 753,000 Sq. Ft. 3 OTHER Nanuet Train Station: Metro North Railroad/ NJ 2 Transit Pascack Valley Line service to New York City and New Jersey 1 HOTELS SR 59 3 Hampton Inn: 84 rooms Hilton Garden Inn: 88 rooms, 2,200 square feet of meeting space SR 304 4 3 3 6 RETAIL CENTERS Home Depot Shopping Center: The Home Depot, Raymour & Flanigan Furniture Kohl’s Shopping Center: Kohl’s, Babies “R” Us Rockland Center: HomeGoods, Office Depot, PetSmart, AutoZone, Pathmark, McDonald’s, Party City, Big Lots, Five Guys Rockland Plaza: Barnes & Noble, PETCO, Marshalls, The Men’s Wearhouse, Panera Bread, Modell’s Sporting Goods, Starbucks Coffee, dressbarn Spring Valley Marketplace: Target, Christmas Tree Shops/And That, Bed Bath & Beyond, Michaels, International House of Pancakes N N N N N NY NANUET N N NNJ 287 LOCATION TRADE AREA SPECIALTY RETAILERS 87 DEMOGRAPHICS RESTAURANTS AND ENTERTAINMENT 59 3 The Shops at Nanuet is located Trade Area Population: 412,721 The Apple Store, Banana Republic, Chico’s, Coach, MIDDLETOWN RD.
    [Show full text]
  • Q2 2016 Financial Supplement
    SUPPLEMENTAL INFORMATION Quarter ended June 30, 2016 INTRODUCTION Background Seritage Growth Properties (NYSE: SRG) (the “Company”) is a fully-integrated, self-administered and self-managed retail REIT with interests in 235 wholly-owned properties and 31 joint venture properties totaling over 42 million square feet of gross leasable area (“GLA”) across 49 states and Puerto Rico. Pursuant to a master lease (the “Master Lease”), 221 of the Company’s wholly-owned properties are leased to Sears Holdings Corporation (“Sears Holdings”) and are operated under either the Sears or Kmart brand. The Master Lease provides the Company with the right to recapture certain space from Sears Holdings at each property for retenanting or redevelopment purposes. At several properties, third-party tenants under direct leases occupy a portion of leasable space alongside Sears and Kmart, and 14 properties are leased entirely to third parties. The Company also owns 50% interests in 31 properties through joint venture investments with General Growth Properties, Inc. (NYSE: GGP), Simon Property Group Inc. (NYSE: SPG), and The Macerich Company (NYSE: MAC). A substantial majority of the space at the Company’s joint venture properties is also leased to Sears Holdings under master lease agreements (the “JV Master Leases”) that provide for similar recapture rights as the Master Lease governing the Company’s wholly-owned properties. On June 11, 2015, Sears Holdings effected a rights offering (the “Rights Offering”) to Sears Holdings stockholders to purchase common shares of Seritage in order to fund, in part, the $2.7 billion acquisition of 234 of Sears Holdings’ owned properties and one of its ground leased properties (the “Wholly Owned Properties”), as well as its 50% interests in three joint ventures that collectively own 28 properties, ground lease one property and lease two properties (collectively, the “JV Properties”) (collectively, the “Transaction”).
    [Show full text]
  • Nanuet (Metro New York), New York Flourish by the Hudson
    BUSINESS CARD DIE AREA 225 West Washington Street Indianapolis, IN 46204 (317) 636-1600 simon.com Information as of 5/1/16 Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG). NANUET (METRO NEW YORK), NEW YORK FLOURISH BY THE HUDSON Situated near the Hudson River, The Shops at Nanuet® serves affluent residents of Rockland County, New York, and neighboring Bergen County, New Jersey. — Rockland County has a population of 300,000 and is one of the 50 most affluent counties in the country with an average annual household income of $107,000. — In Rockland County, a recent influx of technology- driven companies, many of them international, has created a strong, diversified economy and a stable marketplace. — Within five miles of The Shops at Nanuet, prominent residential areas include Palisades, Grand View-on-Hudson, Wesley Hills, and Upper Nyack, New York. — Because Bergen County has a ban on Sunday retail sales, The Shops at Nanuet draws additional weekend traffic from the wealthy areas of New City, Montvale, Rockleigh, Mahwah, and northern Bergen County. — Four college campuses and a number of prestigious university satellite locations also contribute to the area’s thriving economy. TRENDSETTING STYLE At The Shops at Nanuet, shoppers enjoy upscale, open-air shopping as well as dining, entertainment, and fitness. — More than 50 shops showcase sought-after brands and specialty stores. — Diners enjoy an array of sit-down restaurants. RECREATIONAL SPENDING The area offers an active lifestyle close to outdoor activities but also 20 miles to NYC and 10 miles to White Plains.
    [Show full text]
  • Town of Clarkstown—Nanuet Transit Oriented Development Zoning Draft
    Town of Clarkstown—Nanuet Transit Oriented Development Zoning Draft Generic Environmental Impact Statement Volume 1 – Draft Report Lead Agency Acceptance Date: October 9, 2018 Date of Public Hearing: November 13, 2018 Written Comments Will be Accepted by the Lead Agency for Ten (10) Days After Close of the Public Hearing prepared for Town of Clarkstown, NY prepared by Cambridge Systematics, Inc. 38 East 32nd Street, 7th Floor New York, NY 10016 AKRF 34 South Broadway, Suite 401 White Plains, NY 10601 date October 9, 2018 NEW YORK STATE ENVIRONMENTAL QUALITY REVIEW ACT (SEQRA) Draft Generic Environmental Impact Statement (DGEIS) FOR NANUET TRANSIT ORIENTED DEVELOPMENT (TOD) ZONING Town of Clarkstown, Rockland County, NY SEQR Classification: Type 1 Lead Agency: Town of Clarkstown Town Board 10 Maple Avenue New City, New York 10956 Applicant: Town of Clarkstown Town Board 10 Maple Avenue New City, New York 10956 Interested/Involved Agencies: A copy of this document will be sent to the following: Clarkstown Planning Board 10 Maple Avenue New City, NY 10956 Rockland County Planning Department 50 Sanatorium Road, Building T Pomona, NY 10970 Rockland County Department of Public Transportation 50 Sanatorium Road, Building T Pomona, NY10970 Rockland County Department of Health 50 Sanatorium Road, Building D Pomona, NY 10970 Rockland County Drainage Agency 23 New Hempstead Road New City, NY 10956 Rockland County Highway Department 23 New Hempstead Road New City, NY 10956 Rockland County Sewer District #1 4 NY‐340 Orangeburg, NY 10960 Nanuet Union‐Free
    [Show full text]
  • View Annual Report
    2014 ANNUAL REPORT FASHION. DISCOVERY. COMMUNITY. FOUNDATSIMON. CONTENTS i From the Chairman & CEO v Financial Highlights viii Investment Highlights x Sustainability Highlights xii Board of Directors & Management 1 10-K 43 Management’s Discussion & Analysis 62 Financial Statements Simon Property Group, Inc. (NYSE: SPG) is an S&P100 company and a leader in the global retail real estate industry. FROM THE CHAIRMAN & CEO Dear Fellow Stockholders, Let me begin by thanking all of the Simon associates for delivering another record breaking year. Regardless of the metric (funds from operations (“FFO”) per share, stock price, dividends per share, occupancy, sales…) we reached all-time highs, and having just finished our management conference, I am pleased to report the entire Simon team is energized and ready to deliver another strong year in 2015. As with any industry, we face focus on the 2P’s (Product and challenges but with our people and Profitability). Last year we properties we are poised to produce delivered a 31% total shareholder strong results once again. The return and the accompanying overarching theme of our confer- chart demonstrates our historical ence was “We are Simon” and after leadership in this area. recent visits to our properties in California, Florida, Massachusetts No guarantees for the future, but and Texas, I can’t think of a better we are energized! Many have felt mantra to describe what we are all that our size would be a hindrance about. We are united for success. in terms of our ability to grow but, We work together across all of our in fact, I believe it has actually platforms (Malls, Premium Outlets® accelerated our growth, and if you and The Mills®) to deliver a better compare it to our peer group you product to our consumers and can see this for yourself.
    [Show full text]
  • Case 20-32181-KLP Doc 758 Filed 08/13/20 Entered 08/13/20 13:37:05 Desc Main Document Page 1 of 7
    Case 20-32181-KLP Doc 758 Filed 08/13/20 Entered 08/13/20 13:37:05 Desc Main Document Page 1 of 7 Stephen A. Metz (VA Bar No. 89738) Offit Kurman, P.A. 4800 Montgomery Lane, 9th Floor Bethesda, MD 20814 Tel.: (240) 507-1723 | Fax: (240) 507-1735 [email protected] Counsel to Simon Property Group, Inc. and affiliates UNITED STATES BANKRUPTCY COURT EASTERN DISTRICT OF VIRGINIA RICHMOND DIVISION ------------------------------------------------------------ x : In re : Chapter 11 : CHINOS HOLDINGS, INC., et al., : Case No. 20–32181 (KLP) : Debtors.1 : (Jointly Administered) : ------------------------------------------------------------ x LIMITED OBJECTION AND RESERVATION OF RIGHTS OF SIMON PROPERTY GROUP, INC. TO DEBTORS’ NOTICE OF ASSUMPTION OR ASSIGNMENT AND CURE COSTS RELATING TO EXECUTORY CONTRACTS AND UNEXPIRED LEASES OF THE DEBTORS Simon Property Group, Inc. and its affiliates (“Simon”), by its undersigned counsel respectfully files this Limited Objection and Reservation of Rights with respect to the Debtors’ Notice of Assumption or Assignment and Cure Costs Relating to Executory Contracts and Unexpired Leases of the Debtors [Docket No. 667] (the “Cure Notice”), and in support thereof states as follows: 1. On May 4, 2020 (the “Petition Date”), Chinos Holdings, Inc. and its debtor affiliates (collectively, “Debtors”) filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code, 11 U.S.C. §101, et seq. (the “Bankruptcy Code”), thereby commencing Case No. 20- 1 The Debtors in these chapter 11 cases, along with the last four digits of each Debtor’s federal tax identification number, as applicable, are Chinos Holdings, Inc. (3834); Chinos Intermediate Holdings A, Inc.
    [Show full text]