Spike in bankruptcies set to explode as pandemic continuest
ALBANY — A year ago, Semblence Medspa and owner Dr. Farah Sajid were on a roll. Dr. Sajid, who had previously worked as a pediatrician at the Troy Pediatric Health Center, was…
Many national retailers say they can’t pay rent. How this Albany shopping center developer is responding
Nigro Cos. of Albany is among the owners of shopping centers contending with retail tenants who didn’t pay April’s rent after their businesses were forced to close…
Bankruptcies are coming — here’s how businesses might make it through
Three Albany attorneys who practice business law are expecting a wave of Chapter 11 bankruptcies due to the mandatory closures, travel restrictions and other major disruptions…