Mixed-Use Center is Nearly 90 Percent Leased

YONKERS, NY (September 2017) – Simone Development Companies, developer of the Boyce Thompson Center in northwest Yonkers, has announced a new round of lease transactions for retail space at the 85,000-square-foot mixed-use center.

Starbucks Coffee has signed a 10-year lease for 2,049 square feet of space on the plaza level in the south wing of the historic 1086 North Broadway building. Starbucks plans a grand opening of the new location in January 2018.

In another retail transaction, San Cheng Inc. signed a lease for 2,580 square feet for a Japanese sushi restaurant on the plaza level. This is the third restaurant to lease space at the center. The Taco Project, which leased 1,470 square feet, has recently opened. Fortina, one of the region’s most popular restaurants, will open its fifth restaurant in September at the Boyce Thompson Center. With the announcement of the new lease transactions, the Boyce Thompson Center is now nearly 90 percent leased.

“We are absolutely delighted to announce these new retail lease transactions. The addition of Starbucks, one of the world’s most successful companies, is going to further enhance and animate the Boyce Thompson Center as a destination point for area businesses and the general public,” said Joanna Simone, Vice President of Leasing and Property Management Operations for Simone Development Companies, who represented Simone in the lease transaction. “We are very proud to have this iconic brand on our tenant roster,” she added. David Scotto of RM Friedland represented the landlord and Tim McNamara of Sullivan Hayes Companies represented Starbucks.

Other retail tenants at the Boyce Thompson Center include 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.

About Simone Development Companies
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. Headquartered in the Bronx, the privately held company owns and manages more than 5 million square feet of property in the Bronx, Westchester County, Queens, Long Island and Connecticut. The company’s portfolio includes more than 100 properties and ranges from multi-building office parks to retail and industrial space. The company’s largest and most successful development is the 42-acre Hutchinson Metro Center office complex located directly off the Hutchinson River Parkway in the Pelham Bay section of the Bronx. The first two phases of the complex, which comprise nearly 750,000 square feet of Class A office and medical space, are fully leased. Two additional phases totaling 650,000 square feet (370,000-square-foot Metro Center Atrium and 280,000-square-foot Tower Two), are completed and fully leased. Visit www.simdev.com