Two recent developments at City Hall highlight the ongoing tension between housing affordability goals and policies that risk disrupting the
In its first phase, the Alliance will focus on building a common understanding of Westchester’s economic composition and the key sectors that drive the local economy.
“Our data shows the market is adjusting rather than declining,” said Richard Haggerty, CEO of OneKey MLS.
Release Recovery has doubled the size of its facility, now totaling nearly 16,000 square feet: a full floor at 3020 Westchester Ave.
PURCHASE—Simone Development Companies and Fareri Associates recently announced two new leases and one expansion totaling more than 10,000 square feet at 3010 and 3020 Westchester Ave. at Purchase Professional Park here.
In an expansion of its current space, Release Recovery has doubled the size of its facility, now totaling nearly 16,000 square feet: a full floor at 3020 Westchester Ave.
Release Recovery is an organization that helps individuals and their families recover from substance use and mental health disorders through best-in-class, bespoke treatment and transitional living. The outpatient facility at 3020 Westchester Ave. is Release Recovery’s first outpatient treatment facility in New York State.
"In order to operate a successful behavioral healthcare organization, it is vital to find partners who understand you and your mission. We found that in Simone Development Companies. Without their support as a real estate partner, we would not be in the position we are today to continue helping others," said Zac Clark, CEO and Founder of Release Recovery.
In other transactions at the complex, Westchester Life has signed a new lease for 1,526 square feet at 3010 Westchester Ave. Westchester Life is a renowned chiropractic group that also offers acupuncture, laser hair removal, and facials.
MD Hyperbaric has signed a new lease for 1,025 square feet at 3010 Westchester Ave. MD Hyperbaric uses hyperbaric oxygen therapy to enhance healing and improve performance, offering dynamic clinical protocols and tailored services, including evaluating and restoring health through increased oxygen levels in a pressurized chamber.
“With the expansion of Release Recovery’s outpatient facility and the addition of leading practices like Westchester Life and Hyperbaric Medical Solutions, Purchase Professional Park is further cemented as a thriving community of medical professionals and a destination for wellness along Westchester’s Medical Mile,” said Joanna Simone, Principal & President of Leasing and Property Management Operations for Simone Development Companies.
The expansion with Release Recovery was handled directly with Simone Development Companies’ in-house leasing and legal teams.
Westchester Life was represented by Tara Long and Matt Lisk of Cushman and Wakefield in direct negotiations with Simone Development Companies’ in-house leasing and legal teams.
MD Hyperbaric was represented by Peter H. Levine of Charter Realty, while Tara Long and Matt Lisk of Cushman and Wakefield represented Simone Development.
Located on Westchester Avenue in the heart of Westchester’s “Medical Mile” along I-287, Purchase Professional Park combines Class A medical and office space and is located directly off I-287, the Hutchinson River Parkway and I-684, and is 10 minutes from Westchester County Airport.
The campus features four modern buildings totaling 220,000 square feet of space: 3000, 3010, 3020 and 3030 Westchester Ave. 3030 Westchester Ave. is an 85,000 square-foot medical building that is fully leased to Westmed Medical Group/Summit Health, a large multi-specialty group medical practice.
In its first phase, the Alliance will focus on building a common understanding of Westchester’s economic composition and the key sectors that drive the local economy.
“Our data shows the market is adjusting rather than declining,” said Richard Haggerty, CEO of OneKey MLS.
Could the region see these exorbitant prices decline? The report states perhaps.
Four major procurements that comprise the remaining construction packages for the new tunnel are also impacted by the federal funding pause.
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