Simone Development Signs Northwell Health to Long-Term Lease Renewal at 170 E 77th Street
MANHATTAN, NY (December 16, 2024) – Simone Development Companies has signed a long-term lease renewal with Northwell Health for 5,936 square feet at 170 East 77th Street in Manhattan’s Upper East Side neighborhood. Northwell Health remains the sole commercial tenant at the property, continuing to provide essential healthcare services to the surrounding communities.
Simone Development’s in-house leasing and legal teams handled the negotiations directly with the tenant.
“We are thrilled that Northwell Health has decided to renew its lease at 170 East 77Th Street,” said Joe Simone, President of Simone Development Companies. “This renewal highlights the value of the space and underscores Simone Development’s ongoing partnership with one of New York’s leading healthcare providers.”
Ideally located in the heart of the Upper East Side, 170 East 77th Street offers convenient access to public transportation, including the Q and 6 subway lines, as well as several bus routes, making it a prime location for healthcare providers looking to serve one of Manhattan’s most dynamic neighborhoods.
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.
2024 Heart of New York City Heart Gala Celebrates American Heart Association’s 100th Birthday
NEW YORK, NY, June 25, 2024 — The 2024 Heart of New York City Gala brought hearts together to save lives and strive for equitable health for everyone living in New York City. With more than $3.5 million raised, the funds will support the life-saving work of the American Heart Association to fight heart disease and stroke.
The 2024 Heart of New York City Gala was chaired by Joe Simone, President of Simone Development Companies. The Legacy Sponsors included Simone Development Companies and Compass One Healthcare; Presenting Sponsors were Unitex Textile and Centers Health Care. The annual celebratory event honored survivors, patrons and volunteers of the American Heart Association. The evening featured stories from survivors, as well as dinner, dancing, and an exciting auction. Rosanna Scotto, Emmy Award-winning journalist and anchor of Fox 5’s Good Day New York, emceed the event. More than 700 guests attended the centennial celebration, which was held at Cipriani Wall Street with a 1920s theme.
“The event was a culmination of the year’s work to equitably improve and save lives from heart disease and stroke,” said Joe Simone, President of Simone Development Companies and member of the New York City American Heart Association board. “The Heart of New York City Gala marks a special moment in time to reflect, honor and celebrate the progress made through the determination, dedication, and passion of all who have supported the organization throughout the year.”
Funds raised through the Heart of New York City campaign and Heart Gala support the Association’s work to fund research, education, community outreach, and advocacy in the fight against heart disease and stroke.
American Heart Association in NYC Marks 100th Anniversary
Healthcare Real Estate Executive Joe Simone of Simone Development Companies Named 2024 Centennial Chair of the Heart of New York City campaign
NEW YORK, NY, February 1, 2024 —The new year marks the 100th birthday of the American Heart Association and the start of the organization’s Bold HeartsTM campaign, a celebration of a century of profound impact on heart health and well-being.
Leadership of the signature campaigns of the American Heart Association in New York City have demonstrated their commitment to the transformative work ahead in the second century. The bold leadership needed to catapult the American Heart Association’s next 100 years of relentless work and transformative innovation starts today.
The 2024 New York City chairs are:
- Joe Simone, President, Simone Development Companies and 2024 Centennial Chair of the Heart of New York City campaign.
- Tifphani White-King, Principal, US National Tax Practice Leader for Mazars and Centennial Chair of the 2024 New York City Go Red for Women® movement.
- Michael Kruse, Managing Director and Head, Global Banking and Markets, U.S., Scotiabank and 2024 Centennial Chair of the New York City Heart Challenge.
Beginning a new century of mission critical work, the organization continues its steadfast commitment to making the bold moves needed for new paths of scientific discovery, eradicating barriers to health equity and advocating for healthy policy so that every member of the New York City community has the opportunity for a longer, healthier life. That pledge to the community is shared with likeminded community leaders and organizations who are relentless in their support to eliminate heart disease and stroke in the new century.
“The American Heart Association’s centennial is a celebration of the lifesaving achievements and shared vision for a bold new century that will exponentially advance heart and brain health,” said Joe Simone, President, Simone Development Companies, 2024 Centennial Chair of the Heart of New York City campaign and member of the New York City board of directors. “With a focus on the work that lies ahead, bolstered by a commitment to learn from the past, the Association celebrates what it has accomplished, thanks to the hard work and dedication of generations of volunteers and donors.”
Since its founding on June 10, 1924, the American Heart Association, devoted to a world of healthier lives for all, has helped transform the nation’s health and significantly reduce heart disease and stroke death rates. But there is much work to be done.
“As we close out our first 100 years and begin the next, our work remains as important as ever. Throughout the last century, the American Heart Association has moved health and well-being forward in important and critical ways,” said Brian Kingston, CEO of Brookfield’s Real Estate business and Chair of the American Heart Association New York City board of directors. “As we head into our second century, our focus remains on fueling science and innovation, funding lifesaving research and supporting the rights of patients and care givers, to empower healthier communities and advance the way we live, work and play.”
“This relentless pursuit will continue until heart disease and stroke are the stories of our past and not of our future. A world with equitable health and well-being fuels a future that is yours to create,” said Tifphani White-King, Principal, US National Tax Practice Leader for Mazars and Centennial Chair of the 2024 New York City Go Red for Women® movement. “We know we can’t do this work alone. Volunteers, donors and advocates are key to accelerating this lifesaving work.”
With relentless resolve for the future of our lifesaving work and equitable health for all people, we are deeply grateful to those who have already boldly stepped forward to generously support our Second Century Campaign. Second Century Cornerstone recognizes a company or individual who has made a seven-figure donation.
New York City cornerstone donors include: Atria Health Collaborative, Elizabeth Elting Foundation, and Mother Cabrini Health Foundation.
Other New York City Second Century campaign supporters include:
Rose Caiola/Bettina Equities, BNY Mellon, Brookfield, Centers Health Care, Citi, Compass One Healthcare, Cristina Civetta and Ed Scheetz, Cushman & Wakefield, EY, Joanne Dunbar, Kingston Family Trust, KPMG, Mazars, Mount Sinai Heart, New York Community Trust, New York-Presbyterian, Northwell Health, NYU Langone Health, Paul Hastings LLP, Pfizer, Scotiabank, Simone Development Companies, The Estée Lauder Companies Inc., Unitex, Weil, Gotshal & Manges LLP, White + Warren.
“Heart disease is the No. 1 killer worldwide, and stroke ranks second globally. The American Heart Association is advancing health and hope for all and creating a vision for brighter tomorrows free from these diseases,“ said Natalia Cineas, DNP, RN, NEA-BC, FAAN, Senior Vice President, Chief Nursing Executive, Co-Chair, Equity and Access Council for NYC Health + Hospitals and President of the New York City American Heart Association board of directors.
“Progress doesn’t happen without Bold Hearts trailblazing new paths of scientific discovery, working tirelessly to remove barriers to health equity and advocating for healthier communities,” said Michael Kruse, Managing Director and Head, Global Banking and Markets, U.S., Scotiabank and 2024 Centennial Chair of the New York City Heart Challenge. “Throughout the past century, the American Heart Association has moved health and well-being forward in important and critical ways.”
The American Heart Association was founded by six cardiologists, but the distinguished achievements of the organization for the past century are the result of the passion of more than 40 million volunteers, supporters, employees, and more than $5 billion invested in scientific research.
To learn more about accomplishments in the first 100 years of the American Heart Association or how to participate in the Second Century campaign, visit heart.org.
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
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.
Life Science Forum Reveals How Computing Will Help Developers Convert Office Buildings To Research Labs
Advanced computing will facilitate the conversion of outdated office buildings into life science laboratories, said Joseph Simone of Simone Development Companies.
“Life science laboratories are becoming less reliant on Bunsen burners and faucets in favor of advanced computers. This ‘drying’ of wet labs means that owners of older office buildings or warehouses have new opportunities to reposition their properties for the medical research sector,” said Joe Simone, President of Simone Development Companies.
At the March 29 Crain’s New York Business Life Science Forum in New York City, Dr. Ayman El-Mohandes, Dean of the CUNY Graduate School of Public Health and Health Policy, said computers are dominating his institution’s lab spaces. El-Mohandes explained that equipment for cutting-edge research no longer requires a messy wet-lab environment, allowing for a greater flexibility of uses in office buildings near research centers and universities.
Hope Knight, Commissioner of Empire State Development, New York’s economic development agency, also spoke at the forum. Knight described New York’s $25 million investment in a pilot “Lab of the Future” in Midtown Manhattan that will rely on automation, artificial intelligence and machine learning to make the preclinical drug discovery process faster, fuel business growth and create more life science jobs. Knight noted that 10 percent of the nation’s cancer patients are in New York, which allows researchers to gather important data that can make New York a leader in the cell and gene therapy space.
“The exciting investments and advances discussed at the Crain’s Life Science Forum are a signal to healthcare real estate developers that we can successfully repurpose existing structures for the labs of the future,” said Danielle Contillo, Principal at 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 services 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.