Montefiore Health System expands by 100K sf in the Bronx

Hospital now occupies more than 450K sf at Simone Development’s Hutchison Metro Center

TRD New York /
May.May 09, 2018 05:30 PM

Simone Development’s Joseph Simone and Hutchison Metro Center in the Bronx

Montefiore Medical Center’s larger health care system has expanded its footprint in the northeast Bronx by nearly 100,000 square feet.

Montefiore Health System signed a long-term expansion for 96,500 square feet inside Tower One and the Metro Center Atrium at Simone Development Companies’ Hutchison Metro Center in the Pelham Bay neighborhood, the landlord told The Real Deal.

The lease brings Montefiore’s footprint at the medical campus at 1250 Waters Place to 453,000 square feet.

Simone said the new space will allow the hospital to consolidate clinical and administrative offices and expand clinical departments including women’s health, breast oncology, urology and orthopedics.

Simone recently refinanced its 300,000-square-foot Throggs Neck Shopping Center with a $68.5 million loan from French investment bank Natixis.


Related Articles

John Legere (Credit: Getty Images)

WeWork reportedly in talks to hire T-Mobile exec as CEO

(Credit: iStock)

Small Talk: Every community meeting. About every development project. Ever.

An example of roll-off waste management (Credit: YouTube, iStock)

A win for big building owners in trash-collection fight

Duke Long and Poshtel International CEO Morten Lund

“I can talk about erections all day”: NAR tech consultant’s bizarre fireside chat

Council member Vanessa Gibson (Credit: New York City Council)

Commercial landlords face new fines as City Council passes anti-harassment bill

From left: Pavel Fuks, Michael Cohen, Felix Sater, and Donald Trump (Credit: Getty Images and Wikipedia)

As House begins impeachment inquiry, here’s what we know about Trump’s Ukraine-real estate ties

Rodrigo Niño (Credit: Prodigy Network and iStock)

Embattled Prodigy Network CEO Rodrigo Niño to step down

The Watchtower building at 25 Columbia Heights, CIM Group’s Shaul Kuba (right) and LIVWRK’s Asher Abehsera (Credit: Wikipedia, CIM Group, and LinkedIn)

JPMorgan leads $335M refi for CIM and LIVWRK’s Watchtower renovation