PALISADES, N.Y.
HNA Group recently completed the acquisition of International Business Machines' (IBM) 106-acre, 450,000-square-foot Palisades Conference Center, located 20 miles north of Manhattan, as a resource and training center for HNA Group’s global executive team. The conference center property is located at 334 Route 9W Palisades, New York 10964. Terms of the transaction were not disclosed.
The conference center will now be known as the HNA Palisades Premier Conference Center. HNA has retained Crescent Hotels & Resorts to manage the property on its behalf.
HNA Group is a global multinational with interests in airport services, transportation, real estate, financial services, leasing, tourism, hotels, and logistics. HNA has a 180,000-strong global workforce.
HNA Group said it was attracted to Rockland County, and Palisades in particular, because of the community's proximity to New York City and the well-educated workforce in Palisades.
International Business Machines (IBM) plans to maintain a presence at the property. The Palisades Conference Center provides leading financial institutions, universities and services organizations with training and education facilities, and also hosts customer events.
HNA Group intends to maintain the current character of the property and is committed to operating the conference center in a manner that is sensitive to the needs of the Palisades and Rockland communities.
