Simone Development Companies

People:

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Simone Development Companies portfolio

$337.8 million – condo 86%, retail 5%; Bronx 96%, Manhattan 3%

178th largest portfolio by dollar value

1,747,437 sqft – condo 82%, industrial 8%;

177th largest by SF

29 properties – Bronx 93%, Manhattan 6%

128th largest

Company Activity past 24 months:

Buyer company: 1 for $12 million

Seller company: 0 for $0

Borrower company: 7 for $131.4 million

Lender company: 0 for $0

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated People:

Evan Petracca (1), Donita M. Johnson (1), Bruce Cohen (1), Ross Dahmen (1), Vivek Baid (1), William J. Dunkel (1), Anthony Mormille (1), Ronald M. Dickerman (1), Joseph Simone (1), Michael Razman (1)

Latest Stories:

• Simone Development signs $9.6M refi for office in Westchester Square (March 20, 2024)

• Simone Development pays $12M to Madison International Realty for ground leased properties in Pelham Bay (October 13, 2023)

• Stagg Group signs $27.9M construction loan with Webster Bank for 48-unit project in Riverdale (October 25, 2022)

• Simone Development signs $77M refi with Union Labor for Montefiore building in Pelham Bay (May 18, 2022)

• Simone Development pays $11.2M to LCOR for office condo in Murray Hill (April 12, 2022)

• Stagg Group pays $6M to Simone Development for dev site in Riverdale (February 14, 2022)

• Simone Development signs $108M refi with Bank of America for building in Pelham Bay (February 09, 2022)

• Simone Development pays $32M to Triangle Equities for four buildings in Mott Haven (February 08, 2022)

• Simone Development borrows $11M from Mahopac Bank for commercial condo in Lenox Hill (January 13, 2020)

Properties:

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