Simone Development Completes 100% Retention of Original Tenants at 1200 Waters Place in the Bronx
Latest Lease Renewal Secures Full Commitment from Inaugural Roster as Hutchinson Metro Center Approaches its 25th Anniversary
BRONX, NY (November, 2026) – Simone Development Companies has completed an 8,000-square-foot lease renewal with VNS Health (VNS), formerly the Visiting Nurse Service of New York, for its Bronx regional office at 1200 Waters Place. The agreement completes a full sweep of long-term recommitments from all three original tenants that joined the building when the Hutchinson Metro Center first opened in 2003.
VNS Health joins Mercy University and University Diagnostic Medical Imaging in recently extending their tenancies at 1200 Waters Place. Today, the building serves as a central anchor within the 95%-occupied campus—widely recognized as the Bronx’s most successful private mixed-use development.
Simone Development was represented by its in-house leasing and legal teams in the transaction, while Peter Trivelas and Tara Stacom of Cushman & Wakefield represented VNS Health. Current availability at 1200 Waters Place includes individual suites from 1,186 to 6,737 square feet, alongside a 74,250-square-foot contiguous block that can be divided or customized for multi-tenant or large-scale operations.
"When we launched 1200 Waters Place nearly 25 years ago, VNS Health and our inaugural tenants shared a bold vision for what the Bronx could become,” said Joe Simone, president of Simone Development Companies. "Their early commitment helped us transform underutilized land into the thriving, 42-acre Hutchinson Metro Center—a regional destination that now welcomes over 13,000 workforce professionals, patients, and visitors daily. We are deeply proud of these enduring partnerships."
Today, the Hutchinson Metro Center is a dynamic 1.4-million-square-foot campus for state-of-the-art healthcare, education, retail, hospitality, and office space. That multi-phase success began with 1200 Waters Place—a three-story, 433,286-square-foot facility constructed as the Bronx’s first Class A office asset in over a decade. The campus is home to over 80 leading businesses and institutions.
