PURCHASE, NY (December 18, 2024) — Simone Development Companies and Fareri Associates have announced 4,694 square feet of long-term lease renewals at 3010 Westchester Avenue at Purchase Professional Park.

Northwell Health Physician Partners is renewing in their 2,850 square-foot space, which provides the highest quality in pediatric orthopedics to the NY Metro region.

Aesthetic Podiatry & Sports Medicine Center is also renewing and expanding into a 1,844 square-foot space within the building, adding a surgery center. The practice specializes in podiatry for adults and children, offering the most updated, innovative and advanced technologies to treat foot and ankle conditions.

“The renewals of these two outstanding healthcare providers are a testament to the vitality of this campus, which has become a hub of medical excellence along Westchester Avenue,” said Joanna Simone, Principal & President of Leasing and Property Management Operations for Simone Development Companies.

The lease transactions were handled by in-house leasing and legal teams.

There are just two remaining spaces at 3010 Westchester Avenue: 1,025 square feet on the second floor and 4,605 square feet on the fourth floor. There are also two available spaces at the adjacent 3020 Westchester Avenue: 3,587 on the third floor and 7,585 on the fourth floor.

Located on Westchester Avenue in the heart of Westchester’s “Medical Mile” along I-287, Purchase Professional Park combines Class A medical and professional office space and exceptional amenities, including an on-site BoBo’s Cafe, fitness center, 24/7 building access with state-of-the-art camera security, a landscaped courtyard with seating areas, on-site owner management and abundant complimentary parking. The campus is located directly off I-287, the Hutchinson River Parkway and I-684, and is just 10 minutes from Westchester County Airport.

The campus features four modern buildings (3000, 3010, 3020 and 3030 Westchester Avenue) totaling 220,000 square feet of Class A medical and office space. 3030 Westchester Avenue is an 85,000 square-foot medical building that is fully leased to Westmed Medical Group/Summit Health, a large multi-specialty group medical practice.

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 FARERI ASSOCIATES

Fareri Associates, LP, of Greenwich, is a family owned and operated real estate investment and construction company focusing on development and re-development of office, retail, mixed-use and residential properties primarily in Fairfield County, Connecticut and Westchester County.

BRONX, NY (September 18, 2024) – Simone Development Companies has signed a new long-term lease for 6,854 square feet with SNIPES, one of the leading sneaker and streetwear retailers worldwide, at the Throggs Neck Shopping Center at 815 Hutchinson River Parkway in the Ferry Point section of the Bronx, NY.

Simone Development was represented by in-house leasing and legal teams alongside the property’s exclusive broker, Karnit Mosberg of Royal Properties. Ryan Condren of JLL represented the tenant.

“SNIPES, with 750 locations across the U.S. and in Europe, is a welcome addition to this thriving retail development,” said Josh Gopan, Vice President of Leasing for Simone Development Companies. “The Throggs Neck Shopping Center offers an easy one-stop shopping experience and continues to be a sought-after location for top national, regional and local retailers.”

SNIPES has joined a prestigious lineup of retailers at Throggs Neck Shopping Center, including industry giants like Target, TJ Maxx, and Petco, as well as specialized stores like Navaderm, Metro Optics, Skechers, and Mattress Firm. The center also includes multiple popular eateries such as Applebee’s, Chipotle, Cap’t Loui Seafood Boil, Five Guys, Charleys Philly Steaks, Starbucks, and Sarku Japan, among others, all adding to a dynamic shopping experience. Two prime spaces are still available, offering 950 square feet and 3,906 square feet, respectively.

Since its construction in 2010, Throggs Neck Shopping Center has been a catalyst for economic growth, creating hundreds of new job opportunities and contributing to the borough’s economy and growth. The 300,000-square-foot, large-scale retail development is conveniently located at the intersection of Lafayette Avenue and the Hutchinson River Parkway, boasting secure free parking for 625 cars, and anchored by a 165,000+ square-foot Target department store, one of the most active in the nation.

PURCHASE, NY — September 12, 2024 — Simone Development Companies and Fareri Associates joined with Burke Rehabilitation today at Purchase Professional Park to celebrate the ribbon cutting of its expanded Purchase/Fairfield Outpatient Therapy Site at 3020 Westchester Avenue. Elected, business, and clinical leaders from across Westchester and Fairfield counties gathered to tour the state-of-the-art facility.

Burke Rehabilitation is a nationally recognized and accredited provider of physical and medical rehabilitation with 13 outpatient locations throughout the Bronx, Westchester County, and the Hudson Valley, in addition to its hospital in White Plains, NY.

Burke signed a long-term lease for an additional 2,330 SF space at Purchase Professional Park, expanding their medical footprint to 5,132 square feet. Burke Rehabilitation’s Purchase/Fairfield Outpatient Therapy Site provides a range of services including Vestibular Therapy, Sports Medicine and Rehabilitation, Concussion Management, Orthopedic Medicine and Rehabilitation, and Physical Therapy.

“Burke Rehabilitation’s expansion at Purchase Professional Park is a testament to their commitment to providing exceptional healthcare and a powerful reminder of the vitality and innovation that defines this corridor,” said Joe Simone, President of Simone Development Companies. “We are thrilled to join Burke Rehabilitation and various local officials and clinical leaders in celebrating the unveiling of their expanded, cutting-edge facility in a convenient campus setting that’s become a hub of medical excellence.”

“The expansion of our Purchase/Fairfield outpatient therapy site represents a significant step forward in our mission to increase access to high-quality rehabilitation care across this region,” said Scott Edelman, CPA, MBA, CFE, Executive Director of Burke Rehabilitation. “This facility not only enhances our ability to provide personalized, patient-centered care, but also reaffirms our commitment to the communities we serve, ensuring that our neighbors in both Westchester and Fairfield Counties can receive the one-on-one care that sets Burke apart.”

Among the state and county political leaders speaking at the event were New York State Senate Majority Leader Andrea Stewart-Cousins; New York State Senator Shelley Mayer; New York Assembly Members Chris Burdick and Steve Otis; Deputy County Executive Ken Jenkins; County Board of Legislators Chairman Vedat Gashi and County Legislator Ben Boykin. Representing neighboring Fairfield County were Greenwich Board of Selectmen Members Lauren Rabin and Janet Stone McGuigan.

Located on Westchester Avenue in the heart of Westchester’s “Medical Mile” along I-287 in Purchase, Purchase Professional Park combines Class A medical and office space, exceptional amenities, and one of the most accessible locations in the region. It is located directly off I-287, the Hutchinson River Parkway and I-684, and is 10 minutes from Westchester County Airport.

The landscaped, park-like campus features four modern buildings totaling 220,000 square feet. The complex currently has four medical spaces available for lease ranging from 1,844 to 7,585 square feet.

Purchase Professional Park offers a wealth of tenant amenities including an on-site BoBo’s Cafe, fitness center, 24/7 building access with state-of-the-art camera security, a landscaped courtyard with seating areas, on-site owner management and abundant complimentary parking.

1 Zeiss Drive, Thornwood, NY

THORNWOOD, NY (March 2024) — Simone Development Companies has announced that Healy Electric Contracting has signed a new lease for 16,750 square feet of space at 1 Zeiss Drive in Thornwood, NY.

Ownership was represented by Michael Rao and Frank Rao from New York Commercial Realty Group (NYCRG) and the tenant was represented by William Cuddy from CBRE.

“We are very pleased to welcome Healy Electric Contracting to our growing roster of tenants at 1 Zeiss Drive who are attracted to the many benefits this outstanding building has to offer in terms of practical facility needs as well as amenities” said Josh Gopan, Vice President of Leasing for Simone Development Companies. 

Located on over 12 beautifully landscaped acres, 1 Zeiss Drive is a 120,000-square-foot, two-story prime industrial/flex/office building. The elevatored building features six loading docks, 3 drive-in doors, 14’-18’ ceiling heights, direct loading from the second floor with two overhead doors, and 190 parking spaces in a campus-like setting with an atrium lobby, conference rooms, cafeteria, and office space. Current tenants include Home Depot, DiBari Engineering and Piedmont Plastics. 

The building currently has approximately 55,000 square feet of warehouse and office space on the second floor available with flexible divisions remaining. The second-floor space features reinforced floor loads and two drive-in doors.