News: Brokerage

Simone Development Companies signs long-term leases at 1733 Eastchester Rd.

Bronx, NY Simone Development Companies signed two new long-term leases totaling 9,267 s/f at 1733 Eastchester Rd., a medical and office property.

Bronx Endovascular Center has leased 6,663 s/f on the ground floor, while Catholic Charities – Beacon of Hope has signed a 2,604 s/f lease on the second floor. Simone Development’s in-house leasing and legal teams negotiated both transactions. Bronx Endovascular Center was represented by Laurence London & Co.

“These new leases reflect the continued demand for high-quality medical and office space in the Bronx,” said Joe Simone, president of Simone Development Companies. “We’re thrilled to welcome Bronx Endovascular and Catholic Charities – two organizations making a real impact in the community. 1733 Eastchester Rd. offers excellent visibility, modern infrastructure, and a strategic location in one of the borough’s most active healthcare and business areas.”

Catholic Charities, which operates multiple locations across New York City, adds to its Bronx footprint with this new office, complementing its presence at 2510 Westchester Ave. This is Bronx Endovascular Center’s first and only location.

1733 Eastchester Rd. features medical and office space, on-site parking, and access to major highways and public transportation. The 27,275 s/f, two-story property is also located on a visible road, offering potential for building signage.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking