IDA grants nearly $2M to Harrison medical center developer

The developer of a $61 million medical office project in Harrison has secured $1.7 million in tax exemptions, the Daily Voice Plus reported. The Westchester Industrial Development Agency granted approval for the exemptions to the Bronx-based Simone Development Companies, which is renovating and expanding a vacant office building into a pediatric medical center and cancer treatment center, according to the outlet. Simone, a family-run business that specializes in health care real estate, a year ago secured a long-term lease with the Montefiore Medical Center for its Hutchison Metro Center in the Bronx. Montefiore now plans to lease the pediatric center in Harrison, according to the DVP, which noted that Montefiore and White Plains Hospital are also in talks to lease Simone’s cancer treatment center. An affiliate of Ossining-based HistoGenetics sold the Harrison property at 104 Corporate Park Drive to a subsidiary of Simone for $14 million in December. Simone then moved quickly to secure tax breaks for its redevelopment plans. [DVP]