Simone Unfazed by economic slowdown.Economic turmoil, business slowdowns, rising office vacancies and slumping retail sales. The signs of a weak economy are widespread. But to at least one New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of area commercial real estate developer, this spate of negative economic signs suggest just one thing: Now is the perfect time to invest in commercial real estate. With this view in mind, Simone Development Company, a New Rochelle-based real estate owner-developer, is moving ahead with several major commercial real estate projects in the New York Metro For the region, see . Metro New York is a free daily newspaper in New York City started in 2004. Its main competition is AM New York, with which it practices many of the same distribution and marketing strategies. area. These range from a retail center in New Rochelle to a refurbished corporate office park in Westchester County, to a former corporate headquarters building in Greenwich, Conn. And more projects are in the pipeline. "We believe in the fundamental strength of the New York Metropolitan area New York–Northern New Jersey–Long Island is the most populous metropolitan area in the United States and the third most populous in the world, after Tokyo and Mexico City. . Despite the tragic events of Sept. 11, this region remains the nation's premier commercial real estate market. This market always has and always will rebound from adversity," said Joseph Simone, president of Simone Development Company. "We are actively working on a range of projects mat we nave acquired and we are pursuing new opportunities." In Westchester County, Simone Development has launched a more than $1 million capital improvement project at the Harrison Executive Park, a 155,000-SF office park that the company acquired last May. Located along Westchester's prestigious Platinum Mile in the Town of Harrison, the 3-building office park is getting a major facelift inside and out. Exterior improvements include totally refurbished courtyards with new block payers, fountains and planters, new landscaping and repaving of parking lots. Inside, the lobbies, bathrooms and cafeterias are being redone re·done v. Past participle of redo. with new stonework stonework, term applied to various types of work—that of the lapidary who shapes, cuts, and polishes gemstones or engraves them for seals and ornaments; of the jeweler or artisan who mounts or encrusts them in gold, silver, or other metal; of the stonemason who and wood paneling. Simone Development, which has invested a total of $25 million in the acquisition and renovation of the Harrison Executive Park, has proposed building an additional 40,000-SF building at the park. Directly across the border in Greenwich, Fairfield County, Connecticut Fairfield County is located in the southwestern corner of the U.S. state of Connecticut. Its population according to the 2000 census was 882,567, but a 2006 survey put the population at 905,000. It is the most populous county in the State of Connecticut. , Simone Development is finishing a more than $2 million renovation of the former U.S. Tobacco Co. (UST USt Umsatzsteuer (German: Tax) UST Underground Storage Tank UST University of St. Thomas (Minnesota, Texas) UST University of Santo Tomas (Manila, Philippines) ) corporate head-[INCOMPLETE] |
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