
Simone: Life Sciences Workforce Training Will Help Spur Development
New York’s planned investments in life science workforce training centers will help stimulate real estate development, said Joseph Simone of Simone Development Companies.
“New York is successfully attracting life science startups,” said Simone, president of Bronx-based Simone Development. “The challenge now is to build talent pipelines to train the necessary workforce that will enable the state to achieve its employment goals. State investments in the New York City regional workforce development plan ensure that growing life science companies seeking real estate in the Tri-State area will find the right workers to fill new laboratories and facilities.”
Within Simone Development’s backyard, one target area is the Montefiore-Einstein Accelerated Biotechnology Research Center (EMBARC), located across the street from Simone’s Hutchinson Metro Center. EMBARC is a biomanufacturing operation focused on cell, gene and antibody production. The city’s LifeSci NYC program will invest $20 million to build a diverse pipeline of life sciences talent.
- ◦Development