Manhattan, NY Bruce Mosler, Global Brokerage chairman of Cushman & Wakefield and Joseph Simone (center), president and CEO of Simone Development Companies, one of the region’s leading healthcare and commercial real estate developers, joined and other long-time AHA supporters Rose Caiola, principal of Bettina Equities Company, and David Chubak, head of Wealth Management at Edward Jones, at a VIP reception kicking off the American Heart Association’s 2023 Heart of New York City campaign held at the 48 Lounge.
“Simone Development Companies enthusiastically supports the American Heart Association’s efforts to create a world free of heart disease and stroke, the leading causes of death worldwide,” said Simone in pledging the firm’s support of the AHA. “We look forward to collaborating with the American Heart Association to promote research, education, and health equity.”
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,