Bronx, NY (PRWEB) August 01, 2012
Real estate developer and owner Joseph Deglomini has been named to the Board of Directors of the Westchester Square District Management Association, the organization responsible for managing the Westchester Square Business Improvement District, a newly formed BID in the Bronx approved by the City of New York earlier this year.
Joseph Deglomini, a principal of Simone Development of the Bronx, is among the most accomplished real estate owners and developers in New York. With partner Joseph Simone, Joseph Deglomini invests in office, medical, retail and industrial real estate throughout the five boroughs. Simone Development currently boasts a portfolio of more than 5 million square feet of commercial real estate, and has an additional 900,000 square feet in various stages of planning, construction, leasing and delivery to the market.
As one of the largest stakeholders in the marketplace and a noted proponent for economic growth in the Bronx, Joseph Deglomini was pleased to welcome the Westchester Square BID – New York City’s 67th BID – to the neighborhood. Signed into existence in the Spring, the BID has an annual operating budget of $320,000 and provides services such as maintenance, sanitation, security, holiday lighting, beautification, landscaping, marketing and promotion and more. It currently serves 145 retail establishments along both sides of Williamsbridge Road and East Tremont Avenue between Eastchester Road and Silver Street to Westchester Avenue, and the properties in the triangular blocks in the middle of the district along East Tremont Avenue and Williamsbridge Road.
“The Westchester Square BID provides services that are essential to ensuring that small businesses in our neighborhood are given every opportunity to succeed,” Joseph Deglomini said. “I am proud to play a continuing role in the Westchester Square BID, which will provide a significant economic boost for the area of the Bronx to which we are committed.”
In addition to his career in real estate, Joseph Deglomini has a long track record of service to the community. He is a member of the Board of Directors of the Bronx Chamber of Commerce and a member of the Board of Directors of the Bronx Council of the Boy Scouts of America. As a principal of Simone Development, Joseph Deglomini also serves as host to many important community events and organizations within his properties, including the Bronx landmark Hutchinson Metro Center.
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 tri-state area. Led by principals Joseph Simone and Joseph Deglomini, the privately held company owns and manages an extensive range of commercial projects from multi-building office parks to retail and industrial space in the Bronx, Westchester County, Queens, Long Island and Connecticut. 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. A third building of 280,000 square feet is scheduled to break ground this summer. Headquartered in the Bronx, the company’s portfolio of more than 100 real estate properties totals over 5 million square feet of development space.