Simone Development Companies Company Profile
Simone Development Companies is a full-service real estate investment company specializing in the acquisition and development of commercial, healthcare, industrial, retail and residential properties in the tri-state area. The privately held company owns and manages an extensive portfolio of properties from multi-building office parks to medical office buildings to industrial/flex space to retail centers. The company’s portfolio of more than 100 commercial properties exceeds 5 million square feet. Simone also develops a wide range of residential properties including high-end luxury estate homes, high-rise condominiums and restored Manhattan townhouses. Simone has excellent relationships with global, regional and local banks and has the ability to borrow funds for acquisitions on an expedited basis. The company also has valuable long-standing mortgage financing relationships with large Wall Street investment firms and major insurance companies. For projects that require specialized expertise or added financial strength, Simone has access to major equity and strategic partners.
News from Simone Development Companies:
Simone Development Companies Acquires Auto Dealership Properties on West Putnam Avenue in Greenwich, CT
GREENWICH, Conn., March 21, 2014 /PRNewswire/ — Simone Development Companies announced the acquisition of auto dealership properties on West Putnam Avenue in Greenwich, for an undisclosed price. Together, the four properties house two luxury car dealerships, including the local Mercedes-Benz and Cadillac franchises. Joseph Simone, president of Simone Development Companies, made the announcement. "This stretch […]
Simone Healthcare Development Group Completes Redevelopment of Medical Office Building in Hewlett, NY
Mount Sinai Five Towns Medical Group Opens Comprehensive Health Care Facility at 1436 Broadway, Offering Multiple Medical Specialties to L.I. Residents HEWLETT, N.Y., March 18, 2014 /PRNewswire/ — Simone Healthcare Development Group, an affiliate of Simone Development Companies, has completed the redevelopment of 1436 Broadway in Hewlett, NY, as a comprehensive health care facility operated […]
Simone Development Announces Over 20,000 Square Feet of Office and Retail Leasing Activity at Metro Center Atrium
Signs Dunkin Donuts for Retail Space, Montefiore for 16,000 SF Office Opening Nears as Buildouts Continue and Marriott Hotel Nears Completion BRONX, N.Y., March 5, 2014 /PRNewswire/ — Simone Development Companies today announced over 20,000 square feet of office and retail leasing activity at Metro Center Atrium, Simone's new 370,000-square-foot mixed-use project currently under construction at […]
Simone Healthcare Development Leases 4,367 Square Feet to OB/GYN Practice at 62 East 88th Street Medical Property
Medical Office Condo Acquired and Renovated Earlier this Year NEW YORK, Jan. 7, 2014 /PRNewswire/ — Simone Healthcare Development Group, a division of Simone Development Companies, announced that an OB/GYN medical practice has leased 4,367 square feet of medical office space at 62 East 88th Street. Simone Healthcare Development acquired the medical condominium at 62 East […]
Citi, Simone Development Provide New Markets Tax Credit Financing for the Construction and Development of Metro Center Atrium in the Bronx
NEW YORK, Oct. 4, 2013 /PRNewswire/ — Citi and Simone Development Companies, in partnership with Monge Capital, have provided New Markets Tax Credit ("NMTC") financing for the construction of Metro Center Atrium, a mixed-use commercial development in the Pelham Bay section of the Bronx, a medically underserved community. Metro Center Atrium is a 370,000 sq. ft. […]
Simone Development Welcomes AHRC to New Location
Non-Profit Organization Serving the Mentally Disabled Relocates, Consolidates Previous Spaces into New Building on Ferris Place in the Bronx, Developed by Simone; Simone Specs Environmentally Friendly Building Materials Produced by Kingston Block; Recycled Building Block Reduces Carbon Footprint & Reduces Waste BRONX, N.Y., May 7, 2013 /PRNewswire/ — Simone Development Companies today announced that AHRC New […]
Simone Healthcare Development Group Appoints Joseph Kelleher as President
Seasoned Veteran to Oversee Division Focusing on Development and Management of Turnkey Outpatient Healthcare Facilities in the New York Metro Area NEW YORK, March 5, 2013 /PRNewswire/ — Simone Healthcare Development Group, a division of Simone Development Companies focused on building turnkey outpatient medical facilities in partnership with health care providers in the New York metropolitan […]
Petco, Famous Footwear Sign On at Simone's Throggs Neck Shopping Center in the Bronx
285,000-Square-Foot Retail Center is 75% Committed to Local and National Retailers, Including Target, TJ Maxx, Applebee's, Metro Optics NEW YORK, Dec. 5, 2012 /PRNewswire/ — Simone Development Companies today announced that Petco and Famous Footwear have leased space at the new Throggs Neck Shopping Center project currently under construction in the Ferry Point section of […]
Bronx Chamber of Commerce Honors Joe Deglomini with Italian Heritage Month Leadership Award
BRONX, N.Y., Nov. 6, 2012 /PRNewswire/ — The Bronx Chamber of Commerce has honored Joe Deglomini, principal of Simone Development Companies, as one of eight executives, community leaders and elected officials presented the 2012 Italian Heritage Month Leadership Award. The ceremony was held at the F & J Pine Tavern on Bronxdale Avenue in the Bronx. […]
Montefiore Medical Center Announces Plans To Build The Hospital Of The Future
Simone Development to Construct State-of-the-Art Ambulatory Facility at Hutchinson Metro Center NEW YORK, Oct. 22, 2012 /PRNewswire/ — Montefiore Medical Center today announced an agreement with Simone Development to lease an 11-story, 280,000-square-foot building at Hutchinson Metro Center. The new construction project, scheduled for completion in the third quarter of 2014, reflects an evolution in the […]
Simone Development Companies Signs LA Fitness to 43,000 SF Lease for Fitness Center at Metro Center Atrium
Bronx's Leading Mixed-Use Commercial Property to Offer Unmatched Amenities and Newly-Constructed Class A Office Space For Medical and Business Clients NEW YORK, Sept. 25, 2012 /PRNewswire/ — Simone Development Companies announced today that LA Fitness, one of the nation's leading fitness center operators, has leased 43,000 square feet of space at Metro Center Atrium, Simone Development's […]
Simone Development Companies Announces Marriott Will Open a Luxury Hotel at New Metro Center Atrium Complex
Located in the Metro Center Atrium, developed by Simone Development Companies, the new 125-room extended stay Residence Inn will be the first luxury hotel in Bronx, New York BRONX, N.Y., Sept. 18, 2012 /PRNewswire/ — In a major milestone for the Bronx, New York, Simone Development Companies today announced that Marriott has signed an agreement […]
