Joseph Simone
President, Simone Development Companies
Bronx, NY 10461
Joseph is an intricate member of ownership team
Phone (914) 576-5000
Joseph is an intricate member of ownership team
Property Types
Office
Markets
Northern New Jersey, Westchester/So Connecticut
Bio
Joseph Simone has achieved major success in two industries – the automotive industry and the real estate industry. In 1976, Joe started Hunts Point Auto Parts, together with his father, Pat Simone, and launched a revolution in the automobile salvage industry: the pre-disassembly of cars; a computer-based shelving and stacking inventory system; and a multi-state delivery program. In 1999, the LKQ Corporation, a Nasdaq-listed company, acquired Hunts Point Auto Parts as the northeast flagship for a nationwide business modeled on the Bronx-launched concept. Also during the mid-1970s, Joe started expanding the geographic reach and type of holdings in a portfolio of Bronx and lower-Westchester industrial buildings. Today, Simone Development owns more than 100 commercial properties with more-than 5 million square feet within a 75-mile radius of New York City- commercial properties ranging from stand-alone Class A office and medical buildings, to office parks, to retail centers, to industrial/flex buildings. The Simone Development Group's assemblage of 42-acres in the Bronx, now known as the highly successful Hutchinson Metro Center, has been widely cited as visionary and a bellwether achievement in the much-acclaimed revivification of the Bronx. This campus property now contains two eye-catching, state-of-the-art buildings totaling more than 700,000 square feet of office and medical space. In-progress construction will soon double the mass of Hutchinson Metro Center, and plans are nearing completion for even further achievements at the Hutchinson Metro Center and throughout the area within 75 miles of New York City. Simone Development is also a recognized leader in the development of housing. Residential activities range from the development of Manhattan-view condominiums in Long Island City and estate homes in Westchester to the artful restoration of upper eastside town houses. Joe Simone is particularly proud and pleased that his father, Pat Simone, continues to be an active partner in the business.
