News: Owners Developers & Managers

Simone Development Companies inks long-term lease expansion for ENTA

Queens, NY Simone Development Companies and ENT and Allergy Associates, LLP (ENTA) joined with local business leaders and community representatives for a ribbon-cutting ceremony for ENTA’s brand new clinical facility at Simone Development’s 35-30 Francis Lewis Blvd. property in the Flushing nieghborhood.

ENTA, the nation’s largest ENT, allergy, and audiology practice, has a network of over 300 clinicians serving patients across more than 50 clinical locations throughout New York and New Jersey. The practice is affiliated with some of the most prestigious medical institutions globally, including Mount Sinai, Montefiore, Northwell Health and Cooperman Barnabas Medical Center.

In February, ENTA signed a long-term lease expansion and renewal at the property, expanding their medical footprint from 1,800 to 10,000 s/f. Recent exterior renovations to 35-30 Francis Lewis Blvd. have enhanced its appeal, complemented by on-site parking and signage exposure in a high-traffic area.

“We are thrilled to join ENTA and various local officials and community representatives in celebrating the unveiling of their expanded cutting-edge location at 35-30 Francis Lewis Blvd.,” said Joanna Simone, principal and president of leasing and property management operations for Simone Development Companies. “We are confident that the strategic location of this property will serve as a catalyst for their continued success.”

“The expansion of our clinical presence at 35-30 Francis Lewis Blvd. underscores our dedication to delivering exceptional patient care in the heart of Flushing. We are grateful for the support of Simone Development and look forward to serving the community for years to come,” said Dr. Andrew Blank, physician partner at ENT and Allergy Associates.

Situated near the Clearview Expressway and within walking distance of the Long Island Railroad Port Washington line, MTA Q28 and Q76 bus routes, 35-30 Francis Lewis Blvd. offers accessibility to the rest of the city and the broader Tri-State area. Notable tenants at the property include Solaris Health, Gentle Dental World, Family Speech Language Pathology, and Huntington Learning Center.

Photo credit: ENTA

MORE FROM Owners Developers & Managers

GFP Development and CetraRuddy to speak at ICF “On the Future of City Living”

Manhattan, NY After the reveal of Wrey, the second office-to-residential luxury conversion by GFP Development and award-winning architecture and interior design firm CetraRuddy, two of its key design protagonists will speak at ICFF “On the Future of City Living.”
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
IREON Insights:  Research and development tax credit: Very important deadline for amendments is July 6 - by Richard Levychin

IREON Insights: Research and development tax credit: Very important deadline for amendments is July 6 - by Richard Levychin

If you are a company that either claimed or qualify for the research and development tax credit you need to be aware of the following update resulting from the One Big Beautiful Bill Act (OBBBA).
Hunt Commercial Real Estate Question and Answer:  Evaluating the buyer - by David Hunt

Hunt Commercial Real Estate Question and Answer: Evaluating the buyer - by David Hunt

The Purchaser: This is usually a subjective decision. As an example, a large public company may be a desirable purchaser because it is financially strong, but
Hunt Commercial Real Estate Q&A:  Location, location, location? - by David Hunt

Hunt Commercial Real Estate Q&A: Location, location, location? - by David Hunt

In working with our clients, we break down our search objectives into two categories. The first category involves the specific needs of your business such as warehouse height, amount of office space and number of loading
Follow the upside: How NYC  investors are rethinking real estate - by Thomas Donovan

Follow the upside: How NYC investors are rethinking real estate - by Thomas Donovan

In my earlier years of brokerage, my team had our investor list divided into five brackets – multifamily, retail, office, industrial and development. For the most part, multifamily investors only wanted to see multifamily