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Old Posted Jun 12, 2019, 3:45 PM
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https://therealdeal.com/2019/06/12/g...n-yards-tower/

Golden years: Spitzer, Related bringing senior housing to Hudson Yards tower
Developers received permission in 2017 to build residential portion before offices






By Kevin Sun
June 12, 2019


Quote:
The next new development to ride Manhattan’s senior housing wave could soon be coming to Hudson Yards.

Eliot Spitzer and the Related Companies’ mixed-used project at 451 10th Avenue is now set to include 126 “long-term care facility dwelling units” across the fifth through 12th floors, according to plans pre-filed with the city’s Department of Buildings on Friday. The 44-story tower will also contain roughly 400 apartments on its upper floors, in line with the developers’ previously-disclosed plans for the site, which represent the first phase of an apartment-and-office development totaling 1.4 million square feet.
Quote:
Though Spitzer was originally reported to be planning a boutique office building and hotel on his parcels, the partnership with Related evidently led to a change in plans. In May 2017, the partners received permission from the city to split the project into two phases, and to build all 341,000 square feet of residential space first, despite local zoning rules that prioritize the development of commercial space.

Plans for the second phase of the development, a roughly 950,000-square-foot office tower overlooking Hudson Boulevard Park, have yet to be filed with the DOB.
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