“The rise of innovation districts in major U.S. cities is driven by a set of traits that allow biotech firms to flourish,” said Simone. “These traits include: physical compactness; transit accessibility; technical wiring; and mixed-use housing, office and retail.”
The Bronx’s Morris Park neighborhood is already undergoing the needed transformation to foster an innovation corridor. New housing has been built near the Albert Einstein College of Medicine and New York City’s 911 call center next to Simone’s Hutchinson Metro Center brought the necessary high-speed wiring.
Now, Simone Development is expanding the Hutchinson to include wet laboratories for medical research. This life-science-focused expansion will sit next to a new Metro-North train station that will soon provide direct access to Grand Central Terminal and New York City’s other innovation corridors.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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