Simone Development Announces Signing Two New Retail Leases Totaling 3,552 SF at Boyce Thompson Center in Yonkers, NY
YONKERS, NY (July 2023) – Simone Development Companies has announced signing two new leases totaling 3,552 square feet of retail space at the Boyce Thompson Center at 1086 North Broadway in Yonkers, NY. Enbu Asian Fusion, a Japanese/Asian fusion restaurant, is leasing 2,580 square feet of space at the mixed-use center. SoYo Nails, a nail salon, is leasing 972 square feet.
Built in the early 1900s, the historic Boyce Thompson Center has been transformed by Simone Development into a premier 85,000-square-foot mixed-use center featuring a variety of medical and retail tenants. Medical tenants include St. John’s Riverside Hospital, Westmed Medical Group, Columbia Doctors, Mount Sinai Doctors, ENT and Allergy Associates, Motion PT, Metro Vein Centers and Riverside Dental Health. Retail tenants include Tompkins Mahopac Bank, Ultimate Spectacle, Family Wellness Pharmacy, The Taco Project, Starbucks, Executive Wine & Spirits, fresh&co, and Fortina Restaurant.
“We are delighted to welcome Enbu Asian Fusion and SoYo Nails to our growing roster of retail tenants at the Boyce Thompson Center. These businesses are a great amenity not only for those who work at the Boyce Thompson Center and for patients visiting our medical tenants, but for the entire surrounding Yonkers community,” said Josh Gopan, Vice President of Leasing at Simone Development.
Representing Simone Development in both transactions were Josh Gopan, Vice President of Leasing at Simone Development, along with Michael Hansen from the company’s legal team. Enbu Asian Fusion was represented by Laurence London of Laurence London & Co. Karnit Mosberg of Royal Properties represented SoYo Nails in the lease transaction.
Simone Development Maintenance Tech Jose Aguilar Wins BOMA Westchester 2023 Unsung Heroes Award
YONKERS, NY (July 12, 2023) – Simone Development Companies is proud to announce that Jose Aguilar, a maintenance technician at the firm’s Boyce Thompson Center mixed-use medical and retail development in Yonkers, NY, has been awarded the BOMA Westchester “Unsung Hero” award for his dedication and service to tenants and visitors.
Pictured L to R are BOMA Westchester President Scott Tangredi, Director of Construction at Reckson, award winner Jose Aguilar and Giovanni Puerta, Commercial Property Manager at Simone Development.
“Jose consistently goes above and beyond to ensure the satisfaction of our tenants and seamless operation of our Boyce Thompson Center,” said Joe Simone, president of Simone Development. “Jose’s positive attitude, exceptional teamwork, and his willingness to take on any challenge have made him an invaluable member of our team.”
The award was presented recently during BOMA Westchester’s 31st Annual Hall of Honors Awards dinner in Tarrytown, NY. In accepting the award, Mr. Aguilar recalled a chance meeting with the late Joseph Kelleher, a long-term Simone Development senior executive who was playing a guitar gig at a restaurant where he was working. The pair immediately hit it off and Joe offered Jose a maintenance position at the then newly opened Boyce Thompson Center. When Jose questioned his qualifications for the position, Kelleher replied “Can you screw in a light bulb? If so, we can teach you the rest.”
“What I like most about my job is helping people, both with the tenant’s needs and their customers,” Mr. Aguilar said, recalling his ongoing relationship with an elderly woman who visits a medical tenant and is afraid to ride elevators alone. Jose made it a point to learn her schedule and now always meets her during appointment days to ride the elevator with her.
“Jose is a testament to our company’s ongoing devotion to the businesses who call our properties home and the people they in turn serve,” said Mr. Simone. “We are extremely proud of him, his dedication and all the service and maintenance professionals that make Simone Development stand out in the world of commercial real estate.”
BOMA Westchester is the county’s leading professional organization dedicated to meeting the needs of building owners, property managers and allied professionals and tradespeople. BOMA Westchester is an affiliate of BOMA International — the oldest and largest association of the office building industry, with over 100 federated associations in the United States and around the world. The 17,000-plus members of BOMA International own or manage more than 9 billion square feet of commercial properties in North America and abroad.
Simone Development Signs Lease with Kamco Supply Corp. for More Than 57,544 SF at 1200 Zerega Ave. in Bronx, New York
BRONX, NY (June 26, 2023) – Simone Development Companies has announced that building materials distributor Kamco Supply Corp. has signed a long-term lease for 57,544 square feet of warehouse space and 55,224 SF of land at 1200 Zerega Ave. in the Bronx for the storage and distribution of building materials.
The property is now 60% leased, with 25,895 square feet of remaining available warehouse space and 12,895 SF of available office space, plus land for additional storage or parking. The property features six drive-in doors, four loading docks, 16.5’ ceiling heights, outdoor storage, ample parking, and a unique signage opportunity.
“Modern and spacious warehouse space is in high demand in the New York metro area, and 1200 Zerega Ave. is extremely attractive to users like Kamco due to the rare combination of warehouse space and available land that is centrally located with immediate access to major highways,” said Josh Gopan, Vice President of Leasing at Simone Development, who represented ownership in the lease negotiations, along with in-house counsel Patrick Doyle. Kamco Supply Corp. was repped by Mat Diana of DY Realty.
The nearly 100,000-square-foot prime warehouse and office property is close to the #6 subway line, multiple bus routes, the Hutchinson River Parkway, as well as the Bruckner and Cross Bronx expressways.
Kamco Supply Corp. is one of the largest and oldest privately owned commercial and residential building materials suppliers in the New York metro area, with multiple locations in New York and New Jersey. Their new location’s main customer entrance is located on the Gleason Ave. side of the property. Simone Development is marketing the remaining warehouse and office areas for lease in the highly sought after Zerega Industrial Park.
Simone Development Companies Diversifies Shopping Centers To Suit Contemporary Consumers
Securing experiential and service-oriented tenants is key to maintaining vibrant shopping centers in the e-commerce era, said Joseph Simone of Simone Development Companies.
“As big-box retailers shrink their footprints or close locations, shopping center owners are increasingly challenged to identify experiences and personal services that can bring more foot traffic to retail destinations,” said Joe Simone, President of Simone Development Companies. “Across the country, we’re seeing the rise of health clubs, experiential retail and urgent care at shopping centers.”
In New Rochelle, N.Y., LA Fitness recently opened a 36,000-square-foot gym in a strip shopping center owned by Simone Development Companies and G&S Investors. LA Fitness now occupies the majority of a two-story, free-standing structure at 75 Nardozzi Place. The health club is adjacent to a cluster of 30 beauty and personal service businesses housed within My Salon Suite of New Rochelle and destination retail like PXG Westchester, a golf franchise whose amenities include interactive swing simulators and a practice putting green.
According to data from the retail-analytics firm Creditntell, a retailer located in a shopping center with a health club receives about 2.5 percent more monthly visits compared with a similar retailer in a shopping center with no fitness tenant.
The presence of an LA Fitness as an anchor at another Simone Development property at 262 Boston Post Road in Port Chester, N.Y., helped to attract new businesses. Nothing Bundt Cakes, Nailed It Spa and European Wax Center recently opened at that revitalized location.
“We recognize the value that fitness businesses bring to shopping centers, particularly in terms of early-morning and evening foot traffic,” said Joanna Simone, Principal and President of Leasing and Property Management Operations at Simone Development Companies. “Some prospective tenants specifically seek shopping centers with health clubs because their services align with the healthy lifestyles promoted by the gyms.”
Simone Development Companies is a full-service real estate investment company specializing in the acquisition and development of healthcare, mixed-use, office, industrial, retail, and residential properties. Headquartered at the Hutchinson Metro Center, it boasts a portfolio of over 7 million square feet throughout the Bronx, Manhattan, Queens, Long Island, Westchester County, Orange and Fairfield Counties and New Jersey. With services spanning acquisition, development, construction, finance, asset management, accounting, leasing and property management, Simone Development Companies is set apart by its vertically integrated management team, long-term asset ownership and its pursuit of visionary development.
LA Fitness Opens New Rochelle Location at Simone Development and G&S Investors’ 75 Nardozzi Place
NEW ROCHELLE, NY – MAY 3, 2023 – Simone Development Companies and G&S Investors are pleased to announce the opening of the LA Fitness® gym at their co-developed 75 Nardozzi Place property in New Rochelle, NY. The new 36,000+ square-foot gym is conveniently situated off Main Street, just south of Exit 15 on I-95 and in close proximity to the Hutchinson River Parkway.
We were gratified to hear that the completion and opening of this LA Fitness have been highly anticipated by the New Rochelle and surrounding Westchester communities. We appreciate the enthusiastic reception the residents here have given our clubs and our employees,” said Paul Newman, Executive Vice President of LA Fitness. “LA Fitness continues to increase its presence by focusing on the one lifelong benefit valued by everyone: good health.”
The new state-of-the-art facility expects to employ 40 people ranging from part-time group fitness instructors to full-time club staff. The club features: a 25-yard three lane lap pool, a whirlpool spa, spacious locker rooms with showers and saunas, a group exercise studio, and a separate multi-tiered indoor cycling room. These amenities complement a full array of equipment, including over a hundred pieces of the latest generation cardio equipment with individual viewing screens, selectorized circuit training, and free weight areas. Members can participate in a variety of group fitness classes seven days a week including Zumba®, indoor cycling, and yoga at no additional charge, and many find that they enjoy group classes not only for the fitness benefit they provide but also as a means for social connection. Personal training services are also available for an additional fee.
“Simone Development is once again thrilled to collaborate with LA Fitness in the site selection and build-out of their latest state-of-the-art sports club,” said Patricia Simone, president of Simone Management Group. “The new 75 Nardozzi location marks the third LA Fitness center to be added to our company’s portfolio in Westchester and the Bronx, joining existing locations at the Post Road Plaza in Port Chester, NY and the Hutchinson Metro Center in the Bronx, NY.”
The new health club at 75 Nardozzi Place is part of a two-story, free-standing structure developed by Simone Development and G&S Investors and completed in 2021. LA Fitness will occupy the majority of the second floor, which currently has a prime 3,000 square-foot space available for complimentary retail, health-related service or other use. A New Rochelle Department of Public Works facility is located on the first floor of the property. The location is adjacent to several popular retailers including Costco, Home Depot, CVS, Bank of America, and Land Rover & Jaguar, as well as Simone Development’s neighboring 80 Nardozzi Place, home to the new Parsons Xtreme Golf (PXG) center, My Salon Suite and Ashley Furniture Home Store.
About Simone Development Companies
Simone Development Companies is a full-service real estate investment company specializing in the acquisition and development of healthcare, mixed-use, office, industrial, retail and residential properties. Headquartered at the Hutchinson Metro Center in the Bronx, it boasts a portfolio of over 7 million square feet throughout the Bronx, Manhattan, Queens, Long Island, Westchester County, Orange and Fairfield Counties and New Jersey. With services spanning acquisition, development, construction, finance, asset management, accounting, leasing and property management, Simone Development Companies is set apart by its vertically integrated management team, long-term asset ownership and its pursuit of visionary development.