State, County and City Officials Celebrate ‘Topping Off’ of QWest Towers, a $158 Million Workforce Housing Project in Mount Vernon

Photo of officials in front of QWest Tower Topping Off ceremony

Project Features 228 Rental Units for Households Earning Between 40% – 80% of Area Median Income

MOUNT VERNON, NY (August 12, 2026) – In a milestone event for the City of Mount Vernon, officials from the State, County and City joined together yesterday to celebrate the “topping off” of QWest Towers, a new $158 million workforce housing development that is nearing completion in Mount Vernon.

The highlight of the topping off, which symbolizes the completion of the final floor of the tower, was an American flag unfurled along the side of one of the towers to the tune of the National Anthem. The ceremony was followed by an on-site lunch for the labor force.

Located at 1 and 25 North MacQuesten Parkway, the project is being developed by QWest Towers LLC – a joint venture between Simone Development Companies and Stagg Group, in collaboration with the Rev. Dr. L’Judie Matt-Simmons. It will feature 228 rental units for households earning between 40% and 80% of Area Median Income (AMI). The project consists of a 15-story tower and 12-story tower. The 228 affordable units will be comprised of 58 studios, 91 one-bedroom units, 78 two-bedroom units and 1 three-bedroom unit. In addition, the building will include a separate unit for the superintendent.

The first tower will be completed later this year with second tower to follow within a few months.

Construction financing for the project includes support from New York State Housing and Community Renewal (HCR), Westchester County’s New Homes Land Acquisition (NHLA) program, and Westchester County’s Housing Flex Fund. The project also received financial incentives from the Mount Vernon Industrial Development Agency (IDA).

QWest Towers is an energy-efficient property that will enable the city to attract new workforce housing into the area and provide residents with amenities including laundry rooms, recreation space, and a green roof. The project also created roughly 250 construction jobs and 20 permanent jobs.

The development team for QWest Towers – Simone Development, Stagg Group, and the Rev. Dr. L’Judie Matt-Simmons – has long and deep ties to the Mount Vernon community.

Having grown up in the City of Mount Vernon as a graduate of the Mount Vernon public school system, Joe Simone is passionate in the development of this project as the “gateway” to his hometown. President of Simone Development Companies, Simone’s full-service real estate investment firm has fueled growth in Mount Vernon for decades, with hundreds of thousands of square feet in medical, retail, and warehouse space. Joe Simone is also on the board of directors for the Boys & Girls Club of Mount Vernon.

“As someone who grew up in Mount Vernon, seeing QWest Towers reach this milestone is incredibly meaningful. This project represents over a decade of collaboration and a shared commitment to creating high-quality affordable workforce housing while helping transform the gateway to this city. We’re proud to partner with Rev. Dr. L’Judie Matt-Simmons, Stagg Group, and our public-sector partners to deliver a development that will serve residents and strengthen the Mount Vernon community for generations to come,” said Simone.

Stagg Group, which specializes in high-quality affordable housing in the Bronx and Westchester County, has developed more than 5,000 affordable units over the last 20 years, not to mention Mark Stagg’s personal family ties to the city that go back more than 40 years.

“QWest Towers demonstrates what can be accomplished when the public and private sectors work together toward a common goal. Through our partnership with Simone Development Companies, Rev. Dr. L’Judie Matt-Simmons, New York State, Westchester County and the City of Mount Vernon, we’re not just building housing — we’re helping write the next chapter for this community. We’re proud of what this partnership has accomplished, and we’re proud to be part of Mount Vernon’s future,” said Stagg.

Rev. Dr. L’Judie Matt-Simmons has a significant background in social services and urban management, inclusive of housing development, crisis management, community services, mental health program administration, staff training and leadership, human resources, multi-million-dollar budget management and fund raising. She was successfully appointed to multiple positions by the Governor of New York and Mayors of New York City and Yonkers. An ordained Baptist Minister, she is a member of the New Rochelle NAACP and member of Riverside Church since 2011.

The development team of QWest Towers is also investing in key community improvements, including beautification along North MacQuesten Parkway, as well as investments in the Mount Vernon City School District and the Mount Vernon Fire Department.

PHOTO CAPTION: From left, Mount Vernon Corporation Counsel Brian Johnson; Mount Vernon Commissioner of Planning & Community Development James Rausse; Mount Vernon First Deputy Buildings Department Commissioner Hediye Mamak; Simone Development Director of Strategic Initiatives Kevin Plunkett;
Rev. Dr. L’ Judie Matt-Simmons; Simone Development President Joe Simone; Mount Vernon Mayor Shawyn Patterson-Howard; Council President Derrick Thompson; Stagg Group President Mark Stagg; Executive Director Mid-Hudson Regional Economic Development Council Linda Malave; Downstate Development Director Russ Karp; Westchester County Executive Ken Jenkins; Deputy County Executive Joan McDonald; Westchester County Planning Commissioner Bianca Lopez; Councilwoman Cynthia Turnquist; Mount Vernon Building Department Commissioner Patrick Holder; and Mount Vernon Comptroller Dr. Darren Morton

MEDIA CONTACT:
Dean Bender
Thompson & Bender
(914) 391-6042
dean@thompson-bender.com

2026-08-13T15:47:22-04:00August 12, 2026|

Joe Simone, President of Simone Development Companies, Featured in City & State’s Who’s Who in Affordable Housing

Joe Simone

BRONX, NY (March 2026) – Joe Simone, President of Simone Development Companies, was recently featured in City & State Magazine’s inaugural Who’s Who in Affordable Housing list which showcases the government officials, developers, nonprofit leaders, advocates, attorneys, advisers and activists who are creating and preserving housing for low- or middle-income households.

“Joe Simone’s recent projects reflect a partnership-driven approach to workforce housing across the region. In New Rochelle, his development company partnered to deliver West View Apartments, a 24-story tower with 186 homes reserved for families earning at or below 60% of the area median income. Another joint venture, QWest Towers in Mount Vernon, adds over 200 rentals serving households earning between 40% and 80% of the area median income. In the Bronx, Simone is advancing a 970-unit workforce housing development that will also open over an acre of new public space along the Bronx River,” read the article in City & State.

City & State is the premier media organization dedicated to covering New York’s local and state politics and policy. Its in-depth, non-partisan coverage serves New York’s leaders every day as a trusted guide to the issues impacting New York. It offers round-the-clock coverage through award-winning commentary and analysis, weekly publications, daily e-briefs, events and podcast interviews.

About Simone Development Companies
Simone Development Companies is a privately owned, full-service real estate investment firm specializing in the acquisition, development, and management of healthcare, mixed-use, retail, office, industrial, and residential properties. The company’s reach extends across New York City and its suburbs including Long Island, Westchester County, Orange and Fairfield Counties and New Jersey.

Over nearly five decades, this third-generation, family-owned business has built a portfolio exceeding 7 million square feet. The organization’s vertically integrated team manages every stage of the project lifecycle, from finance and construction to leasing and property management. Simone Development Companies is set apart by this comprehensive approach, a commitment to long-term asset ownership, and a proven track record of transforming vacant and underutilized sites into vibrant developments that elevate communities.

Learn more at https://simonedevelopment.com/

2026-04-21T10:21:36-04:00April 21, 2026|

March of Dimes Westchester/Fairfield Real Estate Awards Breakfast Honors Susan Fox and Mark Stagg

L-R Joseph Simone, Simone Development Companies; Annette Trotta-Flynn, March of Dimes; Susan Fox, White Plains Hospital; Patricia Valenti, Newmark, Mark Stagg, Stagg Group; Tara Rosenblum, News 12 Network

March of Dimes Westchester/Fairfield Real Estate Awards Breakfast Honors Susan Fox and Mark Stagg

Event Breaks Fundraising Record

(Westchester, NY) November 14, 2025 – March of Dimes NY/NJ Market, the leading organization fighting for the health of all moms and babies, honored Susan Fox, President & CEO of White Plains Hospital and Regional Senior Vice President for the Hudson Valley, Montefiore Einstein, received the Martin S. Berger Lifetime Achievement Award which was presented by Joseph Simone, President of Simone Development Companies who is a past recipient of the award.

Mark Stagg, Founder & President of Stagg Group, received the prestigious March of Dimes Real Estate Award. The award was presented by Adolfo Carrion Jr., Deputy Mayor of New York City for Housing and Economic Development and Workforce. The 2025 Westchester/Fairfield Real Estate Awards Breakfast was held on Thursday, November 13, 2025, at Brae Burn Country Club in Purchase, NY.

The event brought together leaders from the real estate and construction industries to celebrate those making an incredible impact on their communities while supporting the mission of March of Dimes – fighting for the health of all moms and babies. The 38th annual breakfast drew nearly 500 attendees and raised over $1.3 million, a new record, to support March of Dimes research, programs, and advocacy that improve maternal and infant health outcomes.

Susan Fox has been recognized as one of Westchester County’s most influential executives and a visionary leader in healthcare transformation. Over the past decade, she has led White Plains Hospital through a period of extraordinary growth, forging strategic partnerships, recruiting top clinical talent, and expanding access to care across the Hudson Valley. Under her leadership, the hospital has become a tertiary care hub for Montefiore Health System and a regional leader in advanced healthcare delivery.

“It is an honor to be recognized by the March of Dimes. For more than 25 years, the March of Dimes and White Plains Hospital have partnered to advance maternal and infant health, and we are so grateful for their research and support which continues to help make the lifesaving work in our NICU possible,” said Fox. “I would also like to congratulate Mark Stagg on receiving the Real Estate Award, and thank him for his tireless work within our community.”

Mark Stagg has been creating homes for nearly 30 years. Through his leadership of the Stagg Group, he has built more than 5,000 market rate and affordable housing units, with more than 3,000 additional units in the pipeline. His projects, including The Riverdale Tower in the Bronx, West View Apartments in New Rochelle, and Whitlock Point in the Bronx, reflect his unwavering commitment to providing high-quality, affordable housing for working families. His philanthropy extends beyond his business, supporting community causes such as Thanksgiving food drives, Camp Bronx, and the continued expansion of White Plains Hospital.

“On behalf of Stagg Group and my family, we are humbled to be recognized for our work in the real estate community and for our support of the March of Dimes,” said Stagg. “We also want to congratulate Susan Fox and thank all of the sponsors for their support of the important work that the March of Dimes does to improve health conditions for all mothers and infant children.”

The Westchester/Fairfield Real Estate Awards Breakfast was emceed by News 12 Network’s Emmy Award-winning Anchor/Host/Reporter Tara Rosenblum and co-chaired by Patricia Valenti, Executive Managing Director for Newmark, and Don
Bucci, Managing Director for JLL. “It is my honor and privilege to serve as co-chair of the March of Dimes Westchester/Fairfield Real Estate Awards Breakfast and to
have the opportunity to support the important mission of ensuring babies have the best possible start,” said Valenti.

This year’s event sponsors include the Kylie and Louis R. Cappelli Foundation, Stagg Group and White Plains Hospital, along with many other corporate and community supporters.

About March of Dimes
March of Dimes leads the fight for the health of all moms and babies. We support research, lead programs and provide education and advocacy so that every baby can have the best possible start. Building on a successful 80-year legacy of impact and innovation, we empower every mom and every family. Visit marchofdimes.org or nacersano.org for more information. Visit shareyourstory.org for comfort and support. Find us on Facebook and follow us on Instagram and Twitter.

2025-11-21T10:52:15-05:00November 14, 2025|
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