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New York

Bronx developer is the big fish in a small pond

Simone Development is busy with medical, hotel and retail projects throughout the borough

Simone's Joseph Deglomini Jr., Joseph Simone and Joseph Kelleher.
Simone's Joseph Deglomini Jr., Joseph Simone and Joseph Kelleher.

From the December issue: In the Bronx — where interest in development is meager when compared with Manhattan and Brooklyn — one company has repeatedly wagered its capital and has become what many sources say is the borough’s most dominant developer.

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Simone Development Companies owns more than 100 commercial properties, many of which are in the Bronx. In the past five years, its portfolio has expanded by 1 million square feet. The firm is currently knee-deep in several of the largest development projects underway in the Bronx. [more]

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The Bronx