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45°
Tuesday, may 14
Tag:
Lease Agreements
Business
Popular Locally Owned Nanuet Restaurant Doing Battle With New Shake Shack
The owner of a small restaurant that serves up some of the best hot dogs around is attempting to go up against a national leasing corporation saying it is violating his lease agreement by bringing in the mega-popular Shake Shack. James Barracato, the owner of the Dawg House in Rockland Plaza in Nanuet, says the new Shake Shack will directly compete with his business by selling the same items he does, including hot dogs, burgers, and chicken. And that competition, Barracato says, violates an exclusivity clause in his $7,000 a month lease with the Brixmore Property Group that says it will no…
Business
Suez
Extends $1 Lease Agreement On Stony Point Town Pool Property
SUEZ and the Town of Stony Point announced an agreement this week to extend a land lease by 20 years on a 42-acre parcel used by the town for its pool. The $1 annual lease allows the town to continue to operate the pool on the 42-acre property until 2038. The lease agreement has been in place since 1984. Under the terms of the new agreement, the town is responsible for all activities related to the maintenance of the property and facilities. Stony Point Supervisor Jim Monaghan said the new lease agreement allows the town to invest $100,000 to upgrade the facility. The town also uses t…