|

NEW YORK CITY-Jewish Home Lifecare has singed a deal to give itsUpper West Side facility in Manhattan to the Stellar Management andChetrit Group in exchange for cash and a site on West 100thStreet.

|

Jewish Home has plans to construct a 24-floor elder-care centerfor $250 million on the new smaller site. However, West 100thStreet residents have protested against the proposal as they thinkit is not an apt site for an elder-care home. For the fullstory, go to Wall Street Journal.


GlobeSt.com News Hub is your link torelevant real estate and business stories from other local,regional and national publications.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 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.