News: Brokerage

Simone Development signs Starbucks to 2,049 s/f at Boyce Thompson Center; ISO Japanese sushi restaurant to open soon – 2,580 s/f

Yonkers, NY According to Simone Development Companies, the Boyce Thompson Center, a 85,000 s/f mixed-use center is welcoming new retail tenants to its roster bringing, the center to more than 90% leased. 

Among the new retail tenants at the center is Starbucks Coffee which recently opened 2,049 s/f on the plaza level in the south wing of the center’s historic 1086 North Broadway building. Opening soon on the plaza level is ISO, a Japanese sushi restaurant which is leasing 2,580 s/f. The restaurant will feature a sushi bar and total seating capacity for over 80 patrons. Also coming soon to the center is Executive Wine & Spirits.  

“Retail leasing activity at the Boyce Thompson Center has exceeded our expectations. We are particularly pleased that Starbucks Coffee has opened, an exciting addition that will serve as a destination point for area businesses and the general public,” said Joanna Simone, VP of leasing and property management operations for Simone Development Cos.

Other retail tenants at the 85,000-square-foot mixed-use center include Fortina, The Taco Project, Tompkins Mahopac Bank, PLUSHBLOW Salon, and Ultimate Spectacle. Major healthcare tenants at the Boyce Thompson Center include St. John’s Riverside Hospital, that occupies a new two-level,15,000-square-foot freestanding building for outpatient care and physician offices; and WESTMED Medical Group, that has leased a new 20,000-square-foot addition constructed at the south end of the main building. Other healthcare tenants include ColumbiaDoctors, Riverside Dental Health, Westchester Gastroenterology, Juvanni Med Spa and Family Wellness Pharmacy. 

Simone Development Companies is a full-service real estate investment company specializing in the acquisition and development of office, retail, industrial and residential properties in the New York tristate area.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
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
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

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,