Inc.

November 12, 2018

Developer bets on seniors in the city with luxury assisted living tower on the Upper West Side

Betting that well-heeled seniors want to stay in the city as they age–and are willing to pay accordingly–developers Welltower, Inc. and Hines have purchased a pair of Manhattan building lots with the intent of building an assisted living tower for frail and memory-challenged seniors who want to stay in the neighborhood. Rising on two lots at 2330 Broadway at 85th Street will be the partnership's second luxury assisted living facility in the borough, Bloomberg reports. The 17-story residence will offer a spa, a rooftop garden and a “bistro” for cocktails and card games.
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