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.
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]