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Joe Simone, President of Simone Development Companies, Leading the Way as Developer of State-of the-Art Medical Facilities

BRONX, NY (April 2018) — By delivering the most advanced customized and strategic real estate solutions to today’s consumer-driven healthcare industry, Joe Simone, President of Simone Development Companies, is recognized as the premier developer of medical offices and ambulatory care facilities for New York, Connecticut and New Jersey’s leading healthcare providers.

Of Simone Development Companies’ 7 million square foot portfolio, Simone Healthcare Development owns and operates more than 2 million square feet of healthcare real estate leased to an impressive roster of healthcare principals including Montefiore Medical Center, NewYork-Presbyterian/Columbia University Medical Center, Mount Sinai Health System, Northwell Health, Westmed Medical Group, ENT & Allergy Associates, St. John’s Riverside Hospital and Affinity Health Plan.

The company’s healthcare properties span the entire tri-state area and are located in Westchester County, Fairfield County, Long Island, the Bronx, Manhattan and Northern New Jersey. In Westchester, Simone’s healthcare properties include the Boyce Thompson Center in Yonkers and Purchase Professional Park in Purchase, to name just two of many successful developments.

“Simone Development’s growth in the healthcare real estate field coincides with the major changes under way in how healthcare services are being delivered today and in the future. The industry’s age-old model of the community hospital is giving way to a focus on bringing healthcare directly to the community through outpatient services and urgent care facilities. Healthcare providers are now being challenged to provide a full range of services under one roof in a convenient and patient friendly environment,” said Mr. Simone.

Nowhere is this more evident than in the 280,000-square-foot Ambulatory Care Center that Simone Healthcare Development created for Montefiore Health System at the Hutchinson Metro Center. The first “bedless hospital” in the New York Metropolitan region, the building is designed to provide a healing environment and offer patients an array of services in a central location including primary and specialty care visits, diagnostic imaging and surgery.

“The key to our success in healthcare real estate is our ability to provide full-service development including site selection, project design, financing, specialized technological expertise, construction management and property management once the project is completed. Healthcare executives are in the business of healthcare, not real estate. By partnering with us, they can strategically focus their resources on growing their hospital or medical practice by investing in programs, people and new technology. Today’s healthcare environment is rapidly changing. With our deep understanding of the healthcare industry, we are ideally positioned to be a major player in one of the fastest growing sectors of our economy,” said Mr. Simone.



About Simone Development Companies
Simone Development Companies is a full-service real estate investment company specializing in the acquisition and development of office, retail, industrial and healthcare properties in the New York tristate area. Headquartered in the Bronx, the privately held company owns and manages more than 6 million square feet of property in the Bronx, Westchester County, Queens, Long Island, New Jersey and Connecticut. The company’s portfolio includes more than 100 properties and ranges from multibuilding office parks to retail and industrial space.
Joe Simone - President - Simone Development - Medical - Real Estate
Joe Simone, President, Simone Development
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