"Like the hospital, that part of Manhattan has been neglected for a long time," says MCL vice president Kevin Augustyn. "But now it's attracting a lot of attention. We prefer to do redevelopment projects in gentrifying neighborhoods, and Central Park West is a perfect example of that."

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.