New York Retail Center Waives Tenant Rents for Two Weeks

by Alex Patton

ALBANY, N.Y. — The landlord of Stuyvesant Plaza, a 240,000-square-foot retail center in Albany, has waived retail and restaurant tenant rent payments for a two-week period in response to sales losses during New York’s business shutdown. The policy applies to 60 businesses, including CVS Pharmacy, Starbucks, TGI Friday’s and dozens of other retail and restaurant tenants. The Swyer Cos. owns the property.

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