Joe Simone, President of Simone Development Companies, Sees Plastic Surgery Trends Driving Design of Medical Facilities

BRONX,NY (Sept 13, 2021) — An explosive growth in minimally invasive cosmetic procedures is influencing the design of dermatologists’ and plastic surgeons’ offices, according to Joe Simone, President of Simone Development Companies.

“Medical practices want larger treatment rooms that can accommodate the latest cosmetic technology for skin resurfacing and cellulite treatment,” said Joseph Simone. “As the laser technology improves and delivers better results, we’re seeing skyrocketing demand for laser treatments nationwide.”

According to the American Society of Plastic Surgeons’ 2020 statistics, total cosmetic procedures grew 131 percent between 2000 and 2020. The cosmetic procedures with the biggest growth over the 20-year period were minimally invasive procedures including laser skin resurfacing (483 percent) and cellulite treatment (261 percent). Surgical procedures with the biggest growth over the 20-year period include cheek implants (938 percent) and upper arm lifts (4,174 percent).

“Many of the medical facilities we have delivered in recent years include dermatology-office and cosmetic-surgery floor plans, including the Hutchinson Metro Center in the Bronx, N.Y. and WESTMED locations in Purchase, N.Y. and Greenwich, Conn.,” said Joseph Simone. “Simone Development Companies expects to continue new construction or renovation that includes dermatology and cosmetic surgical offices and operating rooms.”

The use of non-invasive procedures to slow the signs of aging are on the rise. According to the American Academy of Facial Plastic and Reconstructive Surgery (AAFPRS), the pandemic created a surge in surgical demand not seen in recent years. Even though many non-essential surgeries and aesthetic services were put on hold for months during the pandemic, AAFPRS members note that demand grew higher than ever.

“People are staring at themselves on screens during teleconference all day,” said Joe Simone. “That’s why so many people are seeking options like eyelid procedures to look less tired on camera. With remote working expected to increase in the future, it’s a sure bet more people will want to improve their appearance and seek medical solutions.”

2022-03-08T13:23:14-05:00September 13, 2021|
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Montefiore Medical Center

Montefiore Medical Center

104 Corporate Park Drive, Harrison, NY

Adding to its growing presence along Westchester’s “Medical Mile,” Simone Development Companies transformed the former corporate office building into a state-of-the-art specialty care facility for Montefiore Health System. The four-story, 115,000-square-foot center at 104 Corporate Park Drive provides local families with world-class treatment that is close to home.

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FOR LEASING INFORMATION, PLEASE CONTACT:

Josh Gopan
Vice President of Leasing

Jeremy Schwartz
Director of Leasing

2024-01-18T09:06:10-05:00September 1, 2021|
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Hospitals to Seek New Revenue Models Amid Declining Patient Overnight Stays

BRONX NY (August 2021) — Healthcare real estate developer Joseph Simone says that the declining rate of hospital stays is prompting providers to seek new revenue models involving elective surgery and outpatient services.

“For the past four decades we’ve seen a remarkable decline in average hospital stays that is reshaping the medical landscape. Many hospitals have closed while those that remained open have launched multi-million-dollar expansions to help them replace the revenue from declining hospital stays,” said Joe Simone, President of Simone Development Companies.

According to statistics from the Centers for Disease Control, the average length of a hospital stay declined nationally from 11.4 days in 1975 to 6.1 days in 2014.

“These government statistics are the reason why my company built the New York metro region’s first ‘bedless hospital,’ an 11-story facility in the Bronx that focuses on outpatient medical services that include surgery,” said Joseph Simone, referring to the 280,000-square-foot Montefiore Ambulatory Care Center. “Increasingly, we are seeing the construction of similar centers throughout the region and nationally.”

Hospitals are spending big money on new ambulatory centers as outdated sick wards receive fewer extended-stay patients. In Harrison, NY situated in the heart of Westchester County’s “Medical Mile” along I-287, Simone recently completed 104 Corporate Park Drive, a state-of-the-art pediatric ambulatory care facility custom designed for Montefiore Medical Center.

“These centers are critical for aging hospitals as they seek to upgrade their delivery of high-quality, specialty care,” said Joe Simone. “Today’s healthcare consumers are demanding higher levels of service and comfort from hospitals, which means that developers and landlords must pay special attention to building design.”

2021-09-14T10:35:16-04:00August 23, 2021|
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Simone Development Companies and Fareri Associates Announce 21,518 Square Feet of New Healthcare Leases at Their Purchase Professional Park Campus

Purchase, NY (August 2020) — Building on their reputation as the region’s premier developers of state-of-the-art healthcare facilities, Simone Development Companies and Fareri Associates have announced 21,518 square feet of new leases at their Purchase Professional Park campus on Westchester Avenue.

“We are very pleased to announce this latest round of leasing activity at Purchase Professional Park. Healthcare is the fastest growing industry sector in our region and Purchase Professional Park is leading the way as the location of choice for today’s medical practices. We offer an unbeatable combination of outstanding amenities, accessibility and abundant parking in an attractive campus setting,” said Joanna Simone, Principal and Vice President of Leasing and Property Management Operations of Simone Development Companies.

The landlord signed leases at 3010 Westchester Avenue with Westchester Park Pediatrics, a pediatric and adolescent medical practice, for 8,300 square feet, and International Research Services, a cosmetic testing company, for 5,771 square feet. Schweiger Dermatology Group leased 2,510 square feet at 3010 Westchester Avenue and was represented by Patricia Valenti of Newmark Knight Frank. Additionally, Dr. Jeremy Brauer Dermatology leased space at 3000 Westchester Avenue and was represented by Derek Ritter of SQ/FT Commercial Brokerage. Matthew Lisk, Michael McCarthy and Kevin McCarthy of Cushman & Wakefield represented the landlord on all lease transactions.

Situated on Westchester Avenue in the heart of Westchester’s “Medical Mile” along I-287, Purchase Professional Park combines first-class medical and professional office space, exceptional amenities and one of the most convenient office locations in the region. The park-like 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, a large multi-specialty group medical practice.

In addition to Westmed Medical Group, some of the park’s medical tenants include Burke Rehabilitation, ENT & Allergy Associates, Greenwich Hospital, Northern Westchester Hospital Associates, Rye Orthopedic Associates, Greenwich Oral & Maxillofacial Surgery Associates, Merit Dental Inc; Liberty RC, Inc AKA Davita and Lederman & Lederman, LLOP.

Amenities at Purchase Professional Park include a cafe, which is undergoing a renovation to be completed in the summer of 2021, a fitness center, 24/7 building access with camera security, a beautifully landscaped courtyard with seating areas, on-site owner management and abundant complimentary parking. In addition to the Café, The Espresso Guys Coffee Truck visits the complex daily for additional food and coffee needs. The complex offers a highly visible and convenient location at Exit 10 off of I-287, with access to major highways including I-95, I-684 and the Hutchinson River/Merritt Parkways, and is just minutes away from the Westchester County Airport and Metro-North train stations in Rye, Harrison and White Plains, providing access to the growing suburban patient base in Westchester, Fairfield and Putnam counties.

Cushman & Wakefield is the exclusive leasing agent for Purchase Professional Park. For more information about available space for lease at Purchase Professional Park, call Matthew Lisk at 914-305-9303.

2021-09-02T15:09:01-04:00August 11, 2021|
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Joseph Simone, President of Simone Development Companies, Predicts Urgent Care Boom to Continue

Healthcare real estate developer Joe Simone predicts that the urgent care center boom will continue in 2021.

“Urgent care centers and retail clinics continue to proliferate across the U.S. because patients are increasingly demanding convenience and affordability,” said Joe Simone, President of Simone Development Companies, a leading developer of healthcare facilities. “I see many opportunities for healthcare real estate developers in dense downtowns and urban centers as patients increasingly value proximity.”

Between 2013 and 2019, the number of urgent care centers rose from about 6,100 to 9,616, according to the Urgent Care Association.

“Much of this increase is due to patients’ unwillingness to schedule appointments days or weeks away,” said Joseph Simone. “On-demand healthcare is becoming the norm and all health providers must adjust their business models to this evolving reality.”

For urgent care facilities, location is paramount. The demand for urgent care in suburban shopping centers or retail corridors has motivated many communities to change their land-use rules to include medical practices where they formerly were not allowed. Landlords whose retail or commercial properties have become outdated are finding new tenants in the urgent care sector.

“Simone Development has been a leader in repurposing outdated buildings for new medical uses. Our Boyce Thompson Center in Yonkers, N.Y. is a model for an adaptive reuse that incorporates medical, retail, personal services, wellness and dining to create a regional destination,” said Joseph Simone. “I foresee my company going into our region’s dense downtowns to create new medical spaces that are easily accessible by foot and mass transit.”

2021-09-08T11:47:00-04:00June 1, 2021|
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Joe Simone of Simone Development Companies Sees Trend Accelerating for Healthcare Facilities in Retail Settings

The delivery of healthcare in retail settings continues to accelerate beyond urgent care centers to include major medical practices, according to Joe Simone, President of Simone Development Companies Simone Development Companies.

Several years ago, Joe Simone, recognized this trend when he developed the Boyce Thompson Center, an innovative 85,000 square-foot mixed-use center in Yonkers, N.Y. with a consumer-driven retail model for healthcare. The Boyce Thompson Center successfully combined trendy dining destinations and other high-traffic retail with medical practices in a historic building that was adaptively reused.

Simone’s concept proved appealing to St. John’s Riverside Hospital and the Westmed Medical Group, which became the Boyce Thompson Center’s anchor tenants. The commitment from these two medical anchor tenants subsequently attracted ENT Allergy Associates, ColumbiaDoctors, Westchester Gastroenterology, Juvanni Med Spa, Metro Vein, among others.

The adaptive reuse of this historic 1920s botanical research center earned a Westchester Municipal Planning Federation’s 2017 urban planning award. The Boyce Thompson Center has become a prototype for future mixed-use healthcare developments.

“The medical move to a retail setting is driven by patients who want an enhanced physical space where there are opportunities to shop, dine, and have access to other personal services such as restaurants, banking and clothing shops,” said Joe Simone.

Across the country, there are similar models as owners of outdated and vacant commercial buildings repurpose them for healthcare tenants. Once again, Joe Simone is leading the way. In Harrison, NY, Simone is converting a vacant office building into a pediatric specialty care facility to be leased to Montefiore Health System.

2021-09-08T11:55:32-04:00May 13, 2021|
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Catholic Health Ambulatory & Urgent Care

Catholic Health Ambulatory & Urgent Care

2112 Middle Country Road, Centereach, NY

Catholic Health Ambulatory & Urgent Care at Centereach is 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 Development Companies acquired the 63,000 square-foot facility from Ocean State Job Lot, the largest closeout retailer in the Northeast, in 2022. Simone has invested 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. Simone Development 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.

  • Catholic Health Ambulatory & Urgent Care Slide 1
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FOR LEASING INFORMATION, PLEASE CONTACT:

Josh Gopan
Vice President of Leasing

Jeremy Schwartz
Director of Leasing

2024-01-18T09:04:12-05:00April 1, 2021|
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Joseph Simone of Simone Healthcare Development Participates in Forum on State of Healthcare Sector

Joseph Simone of Simone Healthcare Development recently participated as a panelist in a virtual forum featuring healthcare leaders on the state of the healthcare sector.

Simone, whose company is a leading developer of healthcare facilities, described how a consumer push to lower medical costs is causing a proliferation in out-patient services and medical procedures. An exploding aging population is also driving profound change. “Today there are 50 million people in the United States over the age of 65,” said Joe Simone. “In the next 10 years alone, the over 65 population is going to grow by 20 million people. We have to become more efficient and effective in treating this aging population,” he added.
He also discussed the trend toward the “bedless” hospital, such as the one that Simone built for Montefiore in the Bronx where a patient comes in for a procedure in the morning and leave the same day. “The strides in technology and healthcare now require a lot less patient recovery time,” he noted.

Simone said that today’s most important technology trend is how Artificial intelligence (AI) is going to transform how healthcare is delivered. He said AI will help increase productivity and the efficiency of care delivery and allow healthcare systems to provide more and better care to more people.

He also said the huge growth under way in biotech and life sciences will also have tremendous impact on healthcare and how it is delivered. Outpatient and urgent care facilities will continue to grow and so will the use of telemedicine. “Today healthcare is technically sick care. It is not really healthcare because we are treating people who are ill. In the future we are going to have true healthcare which is preventive care and creating a plan for each individual patient’s needs,” he said.

The forum, which was held March 10, is part of series of State of the Economy programs presented by the Business Council of Westchester.

2021-09-08T12:08:34-04:00March 11, 2021|
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