Rich Manhattanites who want to stay in the city as they grow older will soon have the option of a luxury assisted-living tower on the Upper West Side.
Welltower, the largest publicly traded senior-housing landlord, and developer Hines are teaming up to build their second project in the borough that will cater to the frail and memory-challenged who want to stay in their own neighbourhood. This week, the partners bought two building lots at 2330 Broadway, at the corner of 85th Street, for US$61…
Source : South China Morning Post
Read more…US developers bet New York’s ageing baby boomers would want to continue living in Manhattan















