Simone Development Companies Signs Cap’t Loui Seafood Boil at Throggs Neck Shopping Center in the Bronx

BRONX, NY (March 2022) — Simone Development Companies has announced that Cap’t Loui Seafood Boil has signed a 2,123-square-foot, long-term lease at Throggs Neck Shopping Center in the Ferry Point section of The Bronx. This is the seafood restaurant’s fifth location in New York, which is expected to open to the public in Spring of 2022.

Karnit Mosberg of Royal Properties represented both the tenant and the owner in the deal.

“We are thrilled to welcome Cap’t Louis Seafood Boil to the highly successful Throggs Neck Shopping Center,” said Josh Gopan, Assistant Vice President of Leasing for Simone Development. “The shopping center has maintained its position as one of the most successful retail destinations in the Bronx due to its remarkable accessibility, plentiful parking, and diverse roster of tenants. Since its construction by Simone in 2010, the shopping center has created hundreds of new jobs and been responsible for boosting the area’s local economy. We are proud to see how Throggs Neck continues to be extremely attractive for retailers and shoppers alike.”

Cap’t Louis Seafood Boil joins an extensive and diverse roster of tenants including retailers Target, TJ Maxx, Petco, Party City, and Skechers as well as restaurants Charleys Philly Steaks, Starbucks, Applebee’s, Subway, Chipotle, Sarku Japan, among others. Throggs Neck Shopping Center is now 98% occupied, with just 6,404 square feet of space available for lease.

Throggs Neck Shopping Center is conveniently located at the intersection of Lafayette Avenue and the Hutchinson River Parkway. The borough’s 300,000-square-foot, large-scale retail development boasts secure free parking for over 600 cars and is anchored by a 165,000+ square-foot Target department store.

2022-05-10T12:54:52-04:00March 22, 2022|
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Simone Development: Exponential Growth In Life Sciences Lab Construction Requires Shovel-Ready Sites

BRONX, NY (March 2022) — A building boom for new life-sciences laboratories will benefit medical real estate developers that control shovel-ready properties, said Joseph Simone of Simone Development Companies.

According to recent figures from CBRE, a record 31 million square feet of life-science space was under development in the fourth quarter of 2021, both new construction and conversions. “Because of the costs associated with the essential lab infrastructure, real estate developers with vacant land near innovation corridors will benefit from cost savings and delivery-to-market advantages,” said Joe Simone.

Life sciences lab and innovation users typically require high-capacity power, high-velocity ducts, acid waste neutralization and tenant emergency power capacity—all costly retrofits for existing buildings.

In the first two months of 2022, CBRE reported that several life sciences mega-projects have been announced, including a 3 million square foot endeavor at the Philadelphia Navy Yard.

Joe Simone noted that over the past 25 years since the U.S. Navy closed Philadelphia’s Navy Yard, private investors have transformed a massive, outdated tract of land into a thriving community with more than 150 companies. “The key to this success was 1,200 acres of vacant or demolition-ready land near a major urban center,” said Joe Simone.

As with the ongoing Navy Yard transformation, Simone Development Companies successfully reinvented parts of the former Bronx Psychiatric Hospital into the Hutchinson Metro Center. Strategically located near the Albert Einstein College of Medicine and other life sciences hubs in Harlem and Long Island City, Simone Development Companies is proposing to build wet labs and for medical research on the southern portion of the property.

“The demand for new lab space shows no sign of receding,” said Patricia Simone, Principal and President of Simone Management Group. “Simone Development Companies is ready to build the facilities needed for the new generation of biotech start-ups.”

2022-05-10T11:33:18-04:00March 1, 2022|
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Joseph Simone, President of Simone Development Says Attractive Place-Making is Essential to Life-Science Development

BRONX, NY (February 2022) — Simone Development Companies.Landscaping, urban design and public amenities are essential elements in successful life-sciences development, said Joseph Simone of Simone Development Companies.

“As we’ve seen at the emerging Manhattanville Factory District in West Harlem, the construction of a three-block pedestrian greenway along buildings containing wet labs and offices will enhance this innovation corridor, making it more attractive to tenants and their employees,” said Joseph Simone, president of Simone Development Companies.

West Harlem’s growth is fueled by Columbia University’s and the Manhattanville Factory District’s expansion into the formerly industrial neighborhood, transforming it into an educational and technological hub. The Manhattanville area lies north of 125th Street and east of Adam Clayton Powell Jr. Boulevard.

“Outdoor people habitats are important to technology and life-sciences companies because they employ knowledge workers who must be inspired to achieve breakthroughs,” said Joseph Simone. “These employees’ ah-ha moments can happen on a bike trail, in a flower garden or a beautifully designed public plaza.”

Published renderings for the Manhattanville Factory District greenway include trees, public seating and lawns that invite picnics or sunbathing. Simone Development Companies is pursuing a similar strategy at its Hutchinson Metro Center in the Bronx. The Hutchinson Metro Center’s proposed South Campus will include ball fields, lawns, seating areas and a greenway through the center of the development. The complex already has a health club, hotel and bicycle trails running along the Hutchinson River Parkway.

“Our proposed South Campus incorporates the latest thinking in public-space design,” said Joseph Simone. “We believe our landscaped and recreational areas will be must-have amenities for the medical technology and life-sciences firms that this complex will attract.”

2022-03-08T13:20:33-05:00February 15, 2022|
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My Salon Suite to Open First New Rochelle Location At Simone Development’s 80 Nardozzi Place

NEW ROCHELLE, NY (January 24, 2022) — Simone Development Companies has announced My Salon Suite has signed a 7,345-square-foot lease at the firm’s property located at 80 Nardozzi Place in New Rochelle, NY. Katelin Vanvoorhis and David Scotto of RM Friedland LLC, represented ownership in the lease negotiations, while My Salon Suite was repped by Thomas R. Zuber with Fairfield Retail Partners LLC.

With a franchise spanning over 5,000 members in over 200 locations in the U.S., My Salon Suite’s latest location is poised to continue expanding on their brand and their goal to revolutionize the salon industry. “My Salon Suite was attracted to 80 Nardozzi Place due to its convenient location, plentiful parking and design details including remarkable 25′ clear ceiling heights and signage along I-95. We are excited to welcome My Salon Suite to this space in New Rochelle,” said Joanna Simone, Principal & Vice President of Leasing for Simone Development.

Simone Development’s 80 Nardozzi Place is a modern commercial property with 44,0000 square feet of retail space. The property, which underwent a complete façade renovation in 2020 and offers great highway visibility, features ample on-site parking in an ideal location off I-95 and Main Street in New Rochelle. There is currently 16,500 square feet of prime retail space available for lease at the property according to Mr. Scotto of RM Friedland LLC, exclusive leasing agent for 80 Nardozzi.

My Salon Suite joins Ashley Furniture Home Store at 80 Nardozzi and LA Fitness and Cost Depot Wine & Liquor at nearby 70 Nardozzi, a 70,000 square-foot free-standing property developed by Simone Development and G&S Investors in 2021. The property is also adjacent to several popular retailers including Costco, Home Depot, CVS, Bank of America, and Land Rover & Jaguar. For more information on My Salon Suite visit https://www.mysalonsuite.com/.

2022-03-08T13:21:06-05:00January 24, 2022|
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26 Garden Street

26 Garden Street

New Rochelle, NY

Simone Development Companies in partnership with Stagg Group created this mixed-use development, beginning with a six-story building that was completed in the summer of 2021. It includes the new home of the Westchester Family Court, with two courtrooms, three hearing rooms, judge’s chambers, offices for non-judicial staff and for staff from the Office for Women, Department of Probation and other county agencies. Currently underway is the additional construction of a 208,000-square-foot, 24-story tower consisting of 186 affordable housing units reserved for families with incomes at or below 60 percent of the area median income for Westchester County. The unit makeup will be 34 studios, 96 one-bedroom and 56 two-bedroom units. West View Apartments will include a community room, gym, computer center, laundry facilities and parking for tenants. West View Apartments is expected to be completed and fully rented by summer 2025.

  • 26 Garden Street Slide 1
  • 26 Garden Street Slide 2
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FOR LEASING INFORMATION, PLEASE CONTACT:

Josh Gopan
Vice President of Leasing

Jeremy Schwartz
Director of Leasing

2023-12-13T15:16:46-05:00December 1, 2021|
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Joseph Simone of Simone Development Companies Sees NYC’s Life Sciences Investment Will Spur Development Boom

BRONX, NY (September 27, 2021) — Joseph Simone, President of Simone Development Companies, announced that a development boom is coming to New York City neighborhoods where teaching hospitals will expand their life sciences research.

“New York City is home to many of the country’s leading medical research institutions, so it makes sense that municipal leaders want to expand this sector by promoting health-tech incubators and wet labs,” said Joe Simone, whose company has its own plans for building wet laboratories.

New York City recently increased its investment in Life Sci NYC to $1 billion as part of an effort to transform underused properties and land into wet laboratories for medical research and med-tech start-ups.

So far, New York City’s biotech investments include a $13 million grant to Montefiore Medical Center and its medical school, the Albert Einstein College of Medicine to launch the Einstein-Montefiore Biotechnology Accelerated Research Center. The center will create a biomanufacturing facility focused on cell, gene, and antibody therapy production. The Bronx-based center will be open to early-stage and established companies.

Across the street from the proposed biotech facility, Simone Development Companies’ Hutchinson Metro Center includes an ambulatory surgical center for Montefiore. At the south end of the Hutchinson Metro Center, Joseph Simone has proposed building an office park that includes wet laboratories for medical research.

“Researchers and biotech start-ups want to be near each other because they thrive on collaboration. In the next 10 years the neighborhood surrounding the new research center will undergo a renaissance with the construction of a new Metro-North train station at Morris Park, new housing for researchers and students, and new offices for growing biotech companies,” said Joseph Simone.

Simone Development Companies’ Hutchinson Metro Center is part of an on-going redevelopment of the former Bronx Psychiatric Center campus. Phase 1 of the campus redevelopment envisions the creation of 100,000 square feet of biotech/research laboratories.

According to the New York City Economic Development Corporation, the life sciences sector has seen an average annual growth of 50+ biotech companies since 2016.

2022-03-08T13:22:45-05:00September 27, 2021|
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Joe Simone, President of Simone Development Companies Announces Over 76,000 SF of New Leases at 316 Courtland Ave., Stamford, CT

Joe Simone, President of Simone Development Companies, has announced that Beacon Exterior Products and Amphenol Nexus Technologies have signed over 76,000 square feet of new leases at the company’s 316 Courtland Avenue in Stamford, CT.

“We are thrilled to welcome two remarkable industry leaders to 316 Courtland Avenue,” said Joe Simone. “The flexibility of the building and outdoor storage areas are some of its best attributes. Both Beacon and Amphenol Nexus were attracted to the expansive parking, ceiling heights and central access to Southern Fairfield County.”

Beacon Exterior Products, one of the largest distributors of residential and commercial roofing and complimentary building products in North America, has signed a new long-term lease of a combined 45,000 square feet of indoor and outdoor warehouse and distribution space. The lease includes 25,000 square feet of warehouse and office space and 20,000 square feet of yard space for additional storage.

Amphenol Nexus Technologies, a leader designer and manufacturer of scientific instruments such as audio plugs, jacks and push-button switches for the automotive, broadband, instrumentation, internet, military/aerospace and wireless infrastructure markets, has signed a new long-term lease of 31,134 square feet of indoor space to be used for manufacturing and assembly.

Joseph Simone said the 118,500-square-foot property features 1.1 acre of outdoor storage, clear span warehouse space with ceiling heights from 12 to 25 feet, an elevator to the second floor of the office space, abundant parking and ample power. The property is conveniently located only a mile from I-95 and a half mile from the Glenbrook train station. Only 12,000 square feet of warehouse space and 5,000 square feet of office space remain available at the property.

2022-03-15T13:52:56-04:00September 8, 2021|
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Simone Development Companies and Fareri Associates Announce 21,518 Square Feet of New Healthcare Leases at Their Purchase Professional Park Campus

Purchase, NY (August 2020) — Building on their reputation as the region’s premier developers of state-of-the-art healthcare facilities, Simone Development Companies and Fareri Associates have announced 21,518 square feet of new leases at their Purchase Professional Park campus on Westchester Avenue.

“We are very pleased to announce this latest round of leasing activity at Purchase Professional Park. Healthcare is the fastest growing industry sector in our region and Purchase Professional Park is leading the way as the location of choice for today’s medical practices. We offer an unbeatable combination of outstanding amenities, accessibility and abundant parking in an attractive campus setting,” said Joanna Simone, Principal and Vice President of Leasing and Property Management Operations of Simone Development Companies.

The landlord signed leases at 3010 Westchester Avenue with Westchester Park Pediatrics, a pediatric and adolescent medical practice, for 8,300 square feet, and International Research Services, a cosmetic testing company, for 5,771 square feet. Schweiger Dermatology Group leased 2,510 square feet at 3010 Westchester Avenue and was represented by Patricia Valenti of Newmark Knight Frank. Additionally, Dr. Jeremy Brauer Dermatology leased space at 3000 Westchester Avenue and was represented by Derek Ritter of SQ/FT Commercial Brokerage. Matthew Lisk, Michael McCarthy and Kevin McCarthy of Cushman & Wakefield represented the landlord on all lease transactions.

Situated on Westchester Avenue in the heart of Westchester’s “Medical Mile” along I-287, Purchase Professional Park combines first-class medical and professional office space, exceptional amenities and one of the most convenient office locations in the region. The park-like campus features four modern buildings (3000, 3010, 3020 and 3030 Westchester Avenue) totaling 220,000 square feet of Class A medical and office space. 3030 Westchester Avenue is an 85,000 square-foot medical building that is fully leased to Westmed Medical Group, a large multi-specialty group medical practice.

In addition to Westmed Medical Group, some of the park’s medical tenants include Burke Rehabilitation, ENT & Allergy Associates, Greenwich Hospital, Northern Westchester Hospital Associates, Rye Orthopedic Associates, Greenwich Oral & Maxillofacial Surgery Associates, Merit Dental Inc; Liberty RC, Inc AKA Davita and Lederman & Lederman, LLOP.

Amenities at Purchase Professional Park include a cafe, which is undergoing a renovation to be completed in the summer of 2021, a fitness center, 24/7 building access with camera security, a beautifully landscaped courtyard with seating areas, on-site owner management and abundant complimentary parking. In addition to the Café, The Espresso Guys Coffee Truck visits the complex daily for additional food and coffee needs. The complex offers a highly visible and convenient location at Exit 10 off of I-287, with access to major highways including I-95, I-684 and the Hutchinson River/Merritt Parkways, and is just minutes away from the Westchester County Airport and Metro-North train stations in Rye, Harrison and White Plains, providing access to the growing suburban patient base in Westchester, Fairfield and Putnam counties.

Cushman & Wakefield is the exclusive leasing agent for Purchase Professional Park. For more information about available space for lease at Purchase Professional Park, call Matthew Lisk at 914-305-9303.

2021-09-02T15:09:01-04:00August 11, 2021|
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Joe Simone, President of Simone Development Companies, Announces Advanced Therapy and Performance Leased More Than 12,000 SF at 316 Courtland Ave. in Stamford, CT

Joe Simone, President of Simone Development Companies, Announces Advanced Therapy and Performance Lease of More Than 12,000 SF at 316 Courtland Avenue in Stamford, CT.

Joe Simone, President of Simone Development Companies, has announced that Advanced Therapy and Performance, LLC, a leading provider of physical therapy and training from rehabilitation to elite performance, has leased 12,060 square feet for a new facility at 316 Courtland Avenue in Stamford, CT. The long-term lease brings the property to 94% occupancy, with only 6,000 square feet of office space remaining for lease.

“We are pleased to welcome such a high-profile tenant as Advanced Therapy and Performance to our property at 316 Courtland Avenue, which is now almost fully leased,” said Joseph Simone. “ATP assists clients with everything including orthopedic and performance screening, sport rehabilitation and targeted professional level physical performance. Flexibility and Simone Development’s vision for the leasing of the property were key factors that attracted ATP to this outstanding location.”

The Advanced Therapy and Performance team brings an integrative approach to rehab and training. By leveraging the specialties of each Integrated Performance Coach and Therapist, their treatment and training teams collaboratively utilize all modalities in the therapy and performance training community to get the fastest results possible for clients.

The 116,500-square-foot property offered the flexibility of layout that Advanced Therapy and Performance required, with clear span space and ceiling heights from 12 to 25 feet, abundant parking and ample power. The property is conveniently located only a mile from I-95 and a half mile from the Glenbrook train station.

2021-09-08T11:53:54-04:00May 25, 2021|
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