Simone Development Signs 10,300 SF in New Leases at Hutchinson Metro Center in The Bronx, NY

BRONX, NY – December 13, 2023 – Simone Development Companies has signed two new long-term leases totaling 10,300 square feet of medical and office space at the Hutchinson Metro Center in the Bronx, NY.

North Bronx Orthopedic and Spine Group has signed a long-term lease for 5,121 square feet of medical and office space at 1200 Waters Place while MJHS Health System (MJHS) has signed a long-term lease for 5,179 square feet of office space at Tower One at 1250 Waters Place. Simone Development Companies was represented by in-house leasing and legal teams for both transactions. North Bronx Orthopedic and Spine Group was represented in-house and CBRE’s Bill Jordan represented MJHS.

hutchinson metro center new leases

With roots dating back to 1907, MJHS is a premier not-for-profit provider of quality care across the greater New York area, including: home care, hospice and palliative care for adults and children, as well as Isabella and Menorah Centers for Rehabilitation and Nursing Care. Elderplan, which offers Medicare Advantage plans and HomeFirst, its managed long-term care plan, are also members of the MJHS family. MJHS is committed to helping care for, support, and guide patients, residents, and members of all backgrounds along their healthcare journeys and to closing gaps in care.

North Bronx Orthopedic and Spine Group is a fully licensed orthopedics and spine group providing outpatient care.

“The Hutchinson Metro Center, our mixed-use campus of medical, office, retail, hospitality and academic space, is currently home to over 80 leading businesses, healthcare and educational institutions as well as federal, state and city agencies, and we are thrilled to welcome North Bronx Orthopedic and Spine Group and MJHS to our tenant roster,” said Joanna Simone, Principal & President of Leasing and Property Management Operations for Simone Development Companies.

Tower One at 1250 Waters Place at Simone’s Hutchinson Metro Center is a 285,000-square-foot Class A building with nine floors of prime medical, office and retail space, as well as conference centers and abundant free and valet parking and 24/7 security. In addition to MJHS Health System, Tower One is home to various other medical offices including Montefiore Medical Center and Motion PT. The property is also home to the popular Tower Café.

1200 Waters Place is a 433,000-square-foot modern building with three floors of Class A medical, academic, and office space as well as various amenities including a landscaped courtyard, fitness center, a teleconference center and free parking. North Bronx Orthopedic and Spine Group is joined at the property by major tenants including Mercy College and several city, state, and federal agencies.

2023-12-21T15:07:06-05:00December 13, 2023|
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Simone Development’s 63,000 Square-Foot Retail Center at 260-262 Boston Post Road in Port Chester, NY, Is Now Fully Leased with the Signing of Two New Leases Totaling 4,485 SF

boston post road development fully leased

PORT CHESTER, NY (December 12, 2023) – Simone Development Companies has signed two new leases totaling 4,485 square feet of prime retail space at Post Road Plaza at 260-262 Boston Post Road (US Route 1) in Port Chester, NY. The 63,000 square-foot retail center is now fully leased.

Mercadito Farm has signed a new long-term lease for 3,485 square feet. It is a farmer’s market offering fresh produce, poultry, meat, fish, cold cuts, and other customary foods found in grocery stores, as well as beer and wine coolers.

H&R Block, the worldwide tax preparation company, has leased 1,000 square feet.

Representing Simone in both deals was Scott Meshil and Karnit Mosberg Royal Properties, Inc.

Located minutes off of I-95 and I-287 with close proximity to the Hutchinson River Parkway, Post Road Plaza was recently renovated, with new pylon signage, and includes free parking with parking lot upgrades in progress. In addition to anchor LA Fitness, existing tenants include European Wax Center, Mattress Firm, Nothing Bundt Cakes, Domino’s Pizza, Subway, Nailed It Spa, Pet Spa Center, Ella’s Beauty Lounge, and Wei Wong Kitchen.

“We are very pleased to have fully leased this 63,000-square foot retail center with a mix of service retail, national chains, and local businesses. Its close proximity to major highways and abundant free parking makes this an attractive location for today’s leading retailers,” said Joanna Simone, Principal & President of Leasing and Property Management Operations for Simone Development Companies.

2023-12-21T15:13:14-05:00December 12, 2023|
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First Student, Leading School Bus Company, Renews Lease for 31,000 Square Feet at 316 Courtland Avenue, Stamford

316 Courtland Avenue Stamford

STAMFORD, CT (November 2023) — Simone Development Companies has announced that First Student, North America’s leading school bus transportation company, has renewed a lease for 31,000 square feet of space at 316 Courtland Avenue, a 115,453-square-foot property in Stamford featuring warehouse/R&D and office space.

Both ownership and First Student were represented in-house.

“316 Courtland Avenue is the ideal facility for First Student, providing modern flexible space in a convenient location that is less than a mile from I-95 and the Glenbrook Metro-North train station,” said Josh Gopan, Vice President of Leasing for Simone Development Companies.

As a leading school transportation solutions provider in North America, First Student delivers reliable, quality services, including full-service transportation and management, special-needs transportation, fleet electrification, route optimization, and scheduling, maintenance, and charter services with a fleet of more than 44,000 vehicles.

316 Courtland Avenue property features include 1.1-acres of outdoor storage space, clear span warehouse space with ceiling heights from 12 to 17 feet, an elevator to the second floor of the office space, 9 drive-in bays, abundant parking with 243 total spaces and ample power. Other tenants in the building include Beacon Sale Acquisition, Advanced Therapy Performance, Amphenol Corp., and Empowered Aerial Fitness.

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, 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 expertise 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.

2023-12-21T15:12:40-05:00November 29, 2023|
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Simone Development Announces Fleet Pump & Service Group Signs Lease Renewal for Entire 31,255-Square-Foot Building at 455 Knollwood Road in White Plains

455 Knollwood Road, White Plains

455 Knollwood Road, White Plains

WHITE PLAINS, NY (October 2023) — Simone Development Companies has announced that Fleet Pump & Service Group Inc. has renewed a long-term lease for the entire 31,255-square-foot industrial building at 455 Knollwood Road in White Plains.

Josh Gopan, Vice President of Leasing, and Sean Heneghan, Assistant General Counsel, represented Simone Development in the lease transaction.

“Fleet Pump & Service Group is a long-time tenant of this building. We are very pleased to have them renew another long-term lease. This building is conveniently located minutes from the I-297 corridor and downtown White Plains,” Gopan said.

Founded in 1974, Fleet Pump & Service Group’s line of business includes providing plumbing, heating, air-conditioning, and similar work. Rick Rakow of Rakow Commercial Realty Group represented Fleet Pump & Service Group in the lease negotiation.

2023-12-21T15:11:41-05:00October 30, 2023|
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Simone Development Announces Acquisition of One Executive Boulevard Office Building in the Heart of the North Yonkers Medical Mile

One Executive Blvd

133,768-Square-Foot, 4-Story Property to be Repurposed Into State-of-the-Art Medical Space

Building Strategically Located Within 1/4 Mile of 879,426 Square Feet of Existing Medical Space

YONKERS, NY (October 4, 2023) — In a major medical redevelopment that will enhance the “Medical Mile” in North Yonkers, Simone Development Companies has acquired One Executive Boulevard, a 133,768-square-foot, 4-story office building located within 1/4 mile of 879,426 square feet of existing medical office space.

Simone Development, a leader in the development of modern medical office space, has begun interior and exterior renovations to repurpose the property into a state-of-the-art medical building. Located on 6.7 acres at the intersection of Executive Boulevard and North Broadway, One Executive Boulevard offers excellent visibility and accessibility to major highways and mass transit with abundant parking. The seller was an affiliate of Robert Martin Company.

One Executive Boulevard complements the North Yonkers Medical Mile that includes Simone’s highly successful Boyce Thompson Center. The 85,000-square-foot mixed-use center features physician’s offices of St. John’s Riverside Hospital, Westmed/Summit Health, ENT & Allergy Associates, Columbia Doctors and other medical practices along with retail shops and restaurants.

One Executive Boulevard also neighbors Simone Development’s 1034 North Broadway, a 25,000-square-foot, recently renovated multi-tenant medical building that includes Northwell Health as well as Trust Specialty Pharmacy, the first pharmacy and drug compounding retail location in Yonkers.

Other well-known healthcare providers within the North Yonkers Medical Mile include St. John’s Family Medical Practice, Elizabeth Seton Children’s Center, Riverhill Radiation Oncology, and Northway Medical Center.

One Executive Boulevard is conveniently located near three major hotels: Courtyard by Marriott, Residence Inn by Marriott and Hampton Inns & Suites with a total of 337 rooms.

“Our acquisition of this important property located in the heart of what we see as the North Yonkers Medical Mile fits perfectly with our vision for this vibrant and growing healthcare community. Our investment in the Medical Mile began with our redevelopment of the Boyce Thompson Center, which has successfully attracted top-level medical tenants. Moving forward, we foresee continued strength in the healthcare sector here with its easy access to Southern and Central Westchester, Riverdale and the North Bronx,” said Joe Simone, President of Simone Development Companies.

“This sale reflects Westchester’s evolving commercial real estate market,” stated Robert Martin Company CEO Tim Jones. “1 Executive Boulevard is well-positioned for medical redevelopment, and we are excited to see Simone Development expand its footprint in the local healthcare marketplace.”

“Simone Development’s vision for Yonkers continues to elevate our economy,” said Yonkers Mayor Mike Spano. “Investing in Yonkers’ growing healthcare industry is smart and brings more jobs and momentum to the city. I look forward to seeing the expansion of Yonkers’ Medical Mile.”

One Executive Boulevard currently has roughly 50,000 square feet of medical space available for lease. For more information, please contact Josh Gopan, Vice President of Leasing at Simone Development, or Jeremy Schwartz, Director of Leasing at Simone Development, at 718-215-3000.

2023-12-21T15:10:44-05:00October 25, 2023|
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Simone Development Companies Acquires Former Bronx Supermarket Building for Planned Logistics Facility Conversion

BRONX, NY – October 6, 2023 – Simone Development Companies has acquired a property at 1720 Eastchester Road in the Morris Park section of the Bronx from Madison International Realty for an undisclosed price. The new owners plan on repositioning the property as a much-needed warehouse, distribution and logistics center for the East Bronx.

1720 Eastchester Road

The 186,298 square-foot logistics center at the corner of Eastchester Road and Waters Place, adjacent to Simone Development Companies’ 1.4 million square-foot Hutchinson Metro Center, formerly housed a 63,000 square-foot one-story Stop & Shop supermarket, a liquor store and a Subway restaurant.

Jonathan Squires, Managing Director in the Investment Sales Group at Cushman & Wakefield, along with Josh King, represented the seller in the sale. The new owners were represented by Simone Development Companies Senior Vice President of Development Megan Guy, Vice President of Development Brian Reardon, Vice President of Leasing Josh Gopan and in-house legal team of Dina Gupta and Sean Heneghan in the negotiations.

“This transaction was over four years in the making and incredibly complicated,” said Mr. Squires of Cushman & Wakefield. “We were grateful to have Madison International Realty as an extremely competent seller and Simone Development Companies as a buyer who comprehended the transaction and simplified the process due to their confidence in the property and their understanding of the local market.”

The 186,298 square-foot industrial logistics center features expansive outdoor parking, 18’ clear ceiling heights, multiple loading docks and drive-in doors. The property offers convenient access to local highways, and LaGuardia Airport, JFK and Westchester County airport can also be easily reached via a 17-, 25-, or 34-minute car ride, respectively.

“Centrally located within the NYC Metro Market, this location offers unprecedented access to all surrounding areas,” said Mr. Gopan. Simone Development has engaged Jonathan Squires, Josh Kleinberg, Josh Neustadter, Austin Weiner and Joe Hentz, Jr. of Cushman & Wakefield as the exclusive agents for the property.
“The East Bronx, particularly the neighborhoods of Morris Park, Williamsbridge, Pelham Bay and Throggs Neck, are in critical need of modern last-mile warehouse distribution centers to serve the growing delivery needs of these well-established residential communities,” said Mr. Reardon. “Simone Development Companies has decades of experience in the development, operation and leasing of industrial properties throughout the tri-state region and looks forward to the delivery of a modern facility at this site.”

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, 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 expertise 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.

2023-10-09T14:43:22-04:00October 6, 2023|
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Simone Development Announces ReadySpaces Signed Lease for Entire 110,300-Square-Foot Building at 250 E. Sandford Blvd, Mount Vernon

ReadySpaces Provides Next-Generation Commercial Warehousing and Workspace to Businesses Looking for Flexible, Turnkey Spaces

MOUNT VERNON, NY (August 2023) — Simone Development Companies has announced that ReadySpaces, a warehouse storage provider for small businesses, has signed a long-term lease for the entire 110,300-square-foot building at 250 E. Sandford Boulevard in Mount Vernon, NY.

Josh Gopan, Vice President of Leasing, and in-house counsel Patrick Doyle represented Simone Development in the lease transaction. “We are delighted to have ReadySpaces, a fast growing and innovative company, as our single tenant at 250 East Sandford Boulevard. This facility provides ReadySpaces with an abundance of modern industrial/flex space in a convenient location that offers easy access to major highways and public transportation,” said Gopan.

ReadySpaces, the leader in the co-warehousing industry, provides flexible warehouse space for small & mid-size businesses. ReadySpaces operates 32 warehouse facilities nationwide with a customer base of over 2,000 businesses, and more launches upcoming. The Mount Vernon location is the second in New York State and fifth in the NYC/North Jersey metro area.

“We’re excited to bring the ReadySpaces concept to Mount Vernon, meeting the high demand and customer enthusiasm we’ve seen in the NYC/North Jersey metro area. Our facilities are designed to empower local businesses with the flexible, dynamic spaces they need for growth in today’s competitive industrial market,” said Kevin Petrovic, Partner at ReadySpaces.

250 East Sandford Boulevard is a four-story, 110,300 square-foot industrial/flex R&D property. The facility offers floorplates of more than 18,000 square feet on the ground floor, more than 30,000 square feet on levels one and two and nearly 32,000 square feet on level three, and features 145 parking spaces, six loading docks, direct drive-in access on the ground level, and floor load capacity of 185 pounds per square foot.

Originally constructed in 1970, Simone acquired the property in September 2021 and commenced a renovation that included a new exterior façade, new windows, new elevator, the addition of a front-loading dock and complete paving and restriping of the entire three-acre site. The building’s redevelopment strategy takes advantage of the site’s topography by providing direct loading access on all four floors, offering flexibility for single-users or multiple full-floor tenants.

Located in Southern Westchester and bordering the Bronx, the site has convenient access to both public transportation and major highways, including I-95, I-87 and the Hutchinson River Parkway. In addition to a public bus stop at the site, the property is one half mile from the Mount Vernon East Metro-North train station.

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, 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 expertise 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.

2023-10-05T11:13:42-04:00October 5, 2023|
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Nearly 1,000 Affordable Homes Approved for the Bronx Amidst Historic Housing Crisis

City Council Votes 47-0 to Approve Community-oriented Development by
Long-time Property Owners Simone Development

City Leaders Applaud Effort that Will Create Needed Housing on Underutilized Site and
Open the Bronx River Waterfront to the Community

Bronx, New York – September 28, 2023 – The City Council today took its most significant action so far this year to address the urgent and growing housing crisis, voting 47-0 to approve a proposal by Simone Development that will create 970 permanently affordable homes in the Bronx. It is among the largest affordable housing applications approved to-date in 2023.

“As an organization that cares deeply about the borough that we have called home for decades, we are grateful for the opportunity to not only help address our housing crisis, but also connect our community to its beautiful waterfront,” said Patricia Simone, principal of Simone Development. “We applaud Chair Salamanca, Speaker Adams, members of the City Council, Mayor Adams, and Borough President Gibson for their leadership and action to create new, high-quality affordable homes for our neighbors.”

Simone Development, a Bronx-based company with a rich legacy of driving economic development in the borough, has owned the site for three generations and is expected to invest approximately $500 million in the development along the Bronx River. The development will consist of apartments thoughtfully designed to cater to diverse needs and family sizes, with studios, one-bedroom units, two-bedroom residences, and three-bedroom homes.

“I am thrilled that Simone Development’s proposal to bring 970 affordable housing units to the Bronx has been approved. This transformative project will help address our City’s ever-growing housing crisis by providing truly affordable residential units to working class individuals and families, and will also bring new life to the underutilized land that has gone untouched within my District,” said New York City Council Member Rafael Salamanca. “I would like to thank Speaker Adams, my City Council colleagues, and Mayor Adams for their dedication to helping us see this project over the finishing line, and I look forward to seeing the positive change that this development will bring to my community.”

“We need all hands on deck to address the shortage of high quality affordable housing in our city and Simone Development is stepping up with a transformative vision for this transit-oriented site along the banks of the Bronx River,” said HPD Commissioner Adolfo Carrión Jr. “Congratulations to the development team and the City Council for moving this plan forward – we look forward to collaborating with Simone to bring nearly 1,000 new affordable homes and more open space to this growing part of The Bronx.”

It’s expected that a portion of these new homes will be deeply affordable and accessible to individuals earning up to $49,000 a year, with others available to individuals earning a range of incomes up to $108,000 a year, including essential workers such as firefighters, teachers, and union laborers. Simone Development has been working closely with the community throughout this process and will continue to do so as it engages with key stakeholders and financing agencies to develop a mix of affordability that reflects the community’s goals.

In addition to providing much-needed affordable housing, this project will create over an acre of new public open space along the Bronx River. The development will include an amphitheater, a pedestrian promenade, river overlooks, outdoor dining and seating areas, native plantings, bio-swales, and connections to neighboring parks and greenways. It is a testament to Simone Development’s commitment to enhancing the quality of life for the Bronx community and ensuring that residents have access to green, recreational spaces within the city.

The proposed development will consist of three buildings, each designed to harmonize with the surrounding neighborhood’s architectural aesthetics.
Historically, the Proposed Rezoning Area has been home to industrial and transportation-related uses. The site at 1460 Sheridan Boulevard housed several railroad companies, including a powerhouse and other operational facilities during the early 20th century. The existing building on this site was constructed in 1965 and later used as an ironworks facility in the 1970s. Similarly, 1480 Sheridan Boulevard was occupied by a coal and lumber yard during the first half of the 20th century and later used for concrete slab manufacturing, welding, and automobile repair. The existing buildings on the site date back to 1924, reflecting the rich history of this location.

About Simone Development:
Simone Development is a family-owned and operated real estate company with a strong commitment to economic development in the Bronx. With a legacy spanning three generations, Simone Development has been a driving force behind transformative projects that enhance the Bronx community and provide vital resources such as affordable housing – including the Hutchinson Metro Center, one of the largest mixed-use developments in the region. This $500 million development at 1460-1480 Sheridan Boulevard reflects Simone Development’s unwavering dedication to creating positive change in the Bronx.

2023-12-21T15:03:42-05:00September 28, 2023|
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Real Estate visionary to lead NYC effort to build culture of health for all – Joe Simone named Centennial Chair of the 2024 Heart of New York City campaign

Joe Simone 2023 Centennial Chair

New York, NY, September 20, 2023 —Joe Simone, President of Simone Development Companies, has been named Centennial Chair of the American Heart Association’s Heart of New York City, a year-round effort aimed at investing in and saving and improving lives in the five boroughs. The Heart of New York City culminates with the Heart of New York City Gala in June, an event that celebrates progress made through the dedication and passion of all who support this community-wide campaign.

“The American Heart Association is dedicated to the extension of life through a commitment to science, education, improving medical care and leading with prevention. This is why I am honored to serve as Chair of the 2024 Heart of New York City campaign and look forward to celebrating the impact we will make,” said Joe Simone, President of Simone Development Companies, and member of the American Heart Association New York City Board of Directors. “I am eager to work with our outstanding team of volunteer leaders and the American Heart Association as we all advocate to make a difference in the well-being of everyone in this community. Together we must continue to strive to do everything we can to make a lasting, positive impact on the health of all New Yorkers.”

In 2024 the American Heart Association will celebrate its centennial year, meaning that Mr. Simone will have the special distinction of serving as the Heart of New York City campaign’s Centennial Chair. Mr. Simone will also serve on the prestigious American Heart Association New York City Board of Directors from July 2023 through June 2025.

“The American Heart Association has worked to save and improve lives since 1924—and it’s just getting started,” Simone said. “I invite all New Yorkers to join us in celebrating the American Heart Association’s transformative impact over the past century and building a second century of equitable health for all.”

The American Heart Association’s centennial is a celebration of the lifesaving achievements and shared vision for a bold second century that will exponentially advance heart and brain health. The Association will continue to lead breakthroughs in science and technology, improve healthcare and advocate for federal, state and local policies that drive healthier lifestyles.

“Joe understands the impact the mission and work of the American Heart Association can have on every person who lives in this area. We welcome him to the Heart of New York City, an initiative that centers around better health for every individual by focusing on critical issues and work to equitably improve and save lives,” says Meg Gilmartin, Executive Director and Senior Vice President, American Heart Association, New York City.

The 2024 Heart of New York City Gala is sponsored by Simone Development Companies, and Compass One Healthcare. It is slated for June 2024 at venue TBD. The annual celebratory event is a night to honor survivors, patrons and volunteers of the American Heart Association, the world’s leading nonprofit organization focused on heart and brain health. The evening will feature stories from survivors, as well as dinner, dancing and an exciting auction. For more information on how to support or attend the Heart of New York City Gala, visit the campaign website or contact sydney.hoffman@heart.org.

About the American Heart Association

The American Heart Association is a relentless force for a world of longer, healthier lives. We are dedicated to ensuring equitable health in all communities. Through collaboration with numerous organizations, and powered by millions of volunteers, we fund innovative research, advocate for the public’s health and share lifesaving resources. The Dallas-based organization has been a leading source of health information for nearly a century. Connect with us on heart.org, Facebook, Twitter or by calling 1-800-AHA-USA1.

 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, 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 expertise 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.

2023-10-09T14:47:27-04:00September 20, 2023|
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Chipotle to Open New Bronx Location at Simone Development’s Hutchinson Metro Center Atrium

BRONX, NY – September 12, 2023 – Simone Development Companies has announced Chipotle Mexican Grill has signed a long-term, 2,957-square-foot lease at the firm’s Metro Center Atrium, located at 1776 Eastchester Road within the Hutchinson Metro Center complex in the Bronx. Josh Gopan, Vice President of Leasing at Simone Development, and in-house counsel Patrick Doyle represented ownership alongside Chris Walther and Miles Mahony of RIPCO Real Estate. Chipotle was repped by Ben Weiner and Joanne Argenti of RIPCO Real Estate.

Simone Hutchinson Metro Center Atrium

Chipotle operates over 3,100 locations in the U.S, including over 55 in New York City alone. Their latest location at The Hutchinson Metro Center Atrium, serving the Pelham Bay and Morris Park neighborhoods in the Bronx, features an enhanced beverage menu offering margaritas and beer in addition to fountain and bottled refreshments.

“Chipotle is the perfect addition to an already robust offering at The Hutchinson Metro Center Atrium,” said Josh Gopan, Vice President of Leasing at Simone Development. “The fast casual restaurant was attracted to our mixed-use complex due to its ideal location, generous onsite parking, 24/7 security, and outstanding tenant roster, including one of the borough’s only major flag hotels.”

Simone Development’s Hutchinson Metro Center Atrium is a 360,000-square-foot mixed-use complex featuring three floors of Class A office and medical space, as well as retail and a 125-room Residence Inn by Marriott. The property features a remarkable glass atrium and lobby, as well as more than 1,100 onsite parking spaces. The retail spaces at the Atrium are now fully leased.

Chipotle joins several well-known retail tenants at the Hutchinson Metro Center Atrium, including LA Fitness, Dunkin Donuts, A_Z Nutrition, and Residence Inn by Marriott. The property is also home to several healthcare related tenants including Affinity Health Plan, Montefiore’s Division of Plastic Surgery and Department of Medicine, as well as Freedom Center Home Dialysis and Hanger Clinic Prosthetics and Orthotics.

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, 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 expertise 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.

2023-10-09T14:48:56-04:00September 12, 2023|
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Simone Healthcare Development and Catholic Health Celebrate the Opening of New $47 Million Ambulatory & Urgent Care Center in Centereach, Long Island

Simone Transformed a Former Retail Building Into
a 63,000 SF State-of-the-Art, Multispecialty Care Center

Centereach, LI Simone Team Photo

CENTEREACH, NY (August 2, 2023) – Simone Healthcare Development and Catholic Health today joined with officials from the Town of Brookhaven to celebrate the opening of Catholic Health Ambulatory & Urgent Care at Centereach, a new multispecialty care center featuring primary care and specialty services as well as walk-in urgent care.

The new state-of-the-art center is part of Catholic Health’s growing network of multispecialty care centers, complete with diagnostic imaging, an on-site pharmacy, and a dedicated suite where Catholic Health’s gastroenterologists can perform endoscopy procedures in a safe, comfortable and convenient environment outside the hospital setting.

Simone Healthcare Development, a division of Simone Development Companies and a leader in medical office and ambulatory care facility development, acquired the 63,000 square foot facility located at 2112 Middle Country Road from Ocean State Job Lot, the largest closeout retailer in the Northeast, in 2022. Simone Healthcare Development has invested $30 million into the redevelopment of the property and is leasing the new healthcare facility to Catholic Health. Ocean State Job Lot continues to own and operate a 36,000 square foot store adjacent to Catholic Health.

This multi-faceted project was a collaborative partnership between the Simone Healthcare Development team and Catholic Health. Simone’s development team was responsible for site selection, securing land use approvals and managing the design and construction of the façade, site and core, while Simone’s property management team will manage the 10-acre site. The development required approvals from the Town of Brookhaven Planning Board and Building Department and the Suffolk County Department of Health.

Newman Design, as architect for Simone, designed a new exterior that is architecturally distinct from the adjacent retail use. It features a glass and limestone façade, a second entrance for urgent care, and a new glass canopy to provide a covered drop-off for patients. In addition to Simone’s investment, the new facility is part of Catholic Health’s $17 million project that further strengthens Catholic Health’s goal of making quality healthcare more convenient for Long Islanders and to support many of the unmet healthcare needs of the community. Primary and specialty care services will be offered in 43,000 square-feet of space immediately with an additional 20,000 square-feet available for future healthcare services.

“We are delighted to celebrate this incredible transformation of a former retail site into a state-of-the-art multispecialty ambulatory and urgent care center for Catholic Health,” said Joseph Simone, President of Simone Development Companies. “It was a true collaboration between our teams to be able to deliver this first-rate facility in just one year. This remarkable facility is an example of a major trend in healthcare real estate where under-utilized retail spaces are being converted into new urgent care, ambulatory centers and doctors’ offices as expanding health networks such as Catholic Health seek locations that are attractive to and convenient for their patients.”

“Today marks an important day not only for Catholic Health but also for the residents in and near Centereach, who now have access to exceptional primary care, urgent care, and specialized care across a wide variety of medical specialties,” said Catholic Health President & CEO Patrick O’Shaughnessy, DO, MBA. “We’ve recently launched a number of Ambulatory Care sites across Long Island, however, today we open our largest and most expansive. This is truly a milestone, both for Catholic Health and for Suffolk County.”

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, 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 expertise 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.

About Catholic Health
Catholic Health is an integrated system encompassing some of the region’s finest health and human services agencies. The health system has nearly 16,000 employees, six acute care hospitals, three nursing homes, a home health service, hospice and a network of physician practices. Under the sponsorship of the Diocese of Rockville Centre, Catholic Health serves hundreds of thousands of Long Islanders each year, providing care that extends from the beginning of life to helping people live their final years in comfort, grace and dignity.

2023-10-09T14:50:30-04:00August 3, 2023|
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Simone Development Signs Fastenal Company To Long-term Lease at 1448 Ferris Place in the Bronx, NY

BRONX, NY (July 25, 2023) – Simone Development Companies announced that the largest fastener distributor in North America, Fastenal Company, has signed a 7,100-square-foot, long-term warehouse lease at 1448 Ferris Place in the Bronx, NY.

Josh Gopan, Vice President of Leasing at Simone Development, along with Jeremy Schwartz, Director of Leasing at Simone Development, and in-house counsel Patrick Doyle, represented ownership, while Fastenal Company was repped by Mathew Diana of DY Realty.

“We are thrilled to welcome Fastenal Company to 1448 Ferris Place, an ideally located warehouse space in the Westchester Square neighborhood of the Bronx,” said Mr. Gopan. “As the property’s exclusive tenant, Fastenal will benefit from its exceptional features and convenient access to multiple transporation options.”

The street-level property spans 7,100 square feet and underwent renovations in 2015. 1448 Ferris Place enjoys close proximity to the #6 train and the Hutchinson River Parkway, offering direct access to the city and the tri-state area.

2023-10-09T14:51:35-04:00July 26, 2023|
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