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|

Simone Development Sells Former RUCO Polymer Corp. Site to Developer for Future Warehouse/Distribution Project

BRONX, NY (August 16, 2021) — Simone Development Companies has announced the sale of the 15-acre former site of the RUCO Polymer Corp. in Hicksville, NY (Nassau County, Long Island). The buyer, a Brookfield Asset Management real estate fund, plans to develop a modern, high ceiling warehouse distribution center on the site. Terms of the sale were not disclosed.

Jim MacDonald, vice president of leasing for Simone development, represented the seller in negotiations and Paul Leone of CBRE represented the buyer.

“Well-located industrially zoned land for development is extremely rare and Simone Development is extremely pleased to find a buyer well-equipped to realize the site’s full potential,” said Joseph Simone, president of Simone Development. “With its close proximity the Long Island Expressway, as well as an existing rail spur, the site is well-positioned for industrial development to meet the needs of then growing e-commerce market.”

The Rubber Company of America (RUCO) built a manufacturing facility on the site in 1945, where RUCO Polymer Corp. (Hooker Chemical Company) manufactured plastics, latex, and esters. Occidental Chemical Corporation (OCC) owned and operated this site from 1966 to 1982. The site was later purchased by Sybron Corporation to produce polyester from 1982 to 2002. The Bayer Corporation purchased the site in 2000 and in 2002 decided to close the facility and demolish the existing buildings. The facility was a freight customer of the LIRR and New York and Atlantic Railway, served by a spur track off the Main Line next to the grade crossing at New South Rd.

2021-09-02T15:09:21-04:00August 16, 2021|

Joe Simone, President of Simone Development Companies, Announces Completion of Two Leases Totaling More Than 17,000 SF at Industrial/Office Property in White Plains, NY

Joseph Simone, President of Simone Development Companies has announced the completion of two new leases totaling more than 17,000 square feet at the firm’s 55 Lafayette Avenue property in White Plains, NY. Westchester County Government has leased nearly 10,000 square feet and Sila Services, LLC, an HVAC and plumbing service company, leased 7,250 square feet at the property.

“The tenants were attracted to the property’s prime location and convenient access to the Bronx River Parkway, State Route 22, the White Plains CBD and the North White Plains Metro North station,” said Joseph Simone. “Prime warehouse space with parking is at a premium in Lower Westchester County and we are excited to welcome these two quality tenants to 55 Lafayette Avenue.”

Joe Simone said the property at 55 Lafayette Avenue is a prime mixed-use industrial/office featuring 17,000 square feet of warehouse space and 4,500 square feet of office space. The warehouse space feature 12- to 16-foot ceiling heights and three overhead doors with direct loading to each floor. The property offers on-site parking flanked by two large parking areas. There is no available space left and the property is fully occupied.

2021-09-08T12:16:07-04:00February 1, 2021|

Joseph Simone, President of Simone Development Companies, Repositioning Long Island Property for Last Mile Distribution Facility

Joe Simone, President of Simone Development Companies, a leading investor and developer of industrial and healthcare properties throughout New York, New Jersey and Connecticut, recently unveiled plans for the renovation and repositioning of its newly acquired 60,000 square-foot warehouse/distribution property in Carle Place, NY to meet the demand for high-quality last mile distribution facilities in Western Nassau County, Long Island.

“As a developer, it is truly exciting to acquire such a well-situated property and have the ability to convert it to meet the growing need for quality last mile distribution space,” said Joseph Simone. “The demand for this type of space, particularly in Western Nassau County where inventory is sparse, was accelerating rapidly even before the COVID crisis. Today, as online purchasing has become a necessity rather than a convenience, the demand is stronger than ever.”

Simone Development acquired the vacant single story-light industrial/warehouse property 40 Voice Road in Carle Place from Ansaco Properties LLC. The 60,000 square-foot property on four acres includes 5,000 square feet of office space, heavy power and currently has three drive-in bays, two loading docks, 16-foot ceilings and parking for 90 standard vehicles. Simone will renovate the property to suit a single tenant, adding additional loading docks and developing 2.75 acres of additional paved parking area on currently vacant space to accommodate tractor trailer, delivery truck and additional vehicular parking. The property is conveniently located near major highways and within 30 minutes of NYC airports and five minutes from LIRR Carle Place Station.

2021-09-08T12:17:18-04:00February 1, 2021|

Simone Development Companies Announces Over 76,000 Sf of New Leases Signed at 316 Courtland Avenue in Stamford, CT

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.

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.

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.

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

Only 12,000 square feet of warehouse space and 5,000 square feet of office space remain available at the property.

2021-09-08T12:28:32-04:00December 31, 2020|
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