eNewsroom for: Simone Development Companies

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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-…

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 comp…

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 activit…

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 …

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…

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 Footp…

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 tu…

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 Throg…

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 hel…

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 Metr…

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 l…

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 toda…