YONKERS, NY-The senior housing development firm reports that its 310-unit high-rise luxury senior apartment complex will open on Thursday, Sept. 21 as part of its official grand opening.

A host of city and state dignitaries are expected to be on hand at the ceremony at the complex located on Riverdale Ave. The Classic Residence by Hyatt in Yonkers marks the company’s entrance in Westchester County as well as New York State.

Yonkers Mayor John Spencer notes, “I enthusiastically welcome Classic Residence by Hyatt to the Yonkers community. This will provide our seniors with all the amenities that one could possibly want in a retirement community, while also creating employment opportunities for our Yonkers citizens and further stimulating our city’s economic growth.”

The 17-story senior residence features 199 independent living units, 75 personal care apartments and a 36-unit Alzheimer’s center. Company officials said that a total of 50 units will be occupied by Oct. 1.

Classic Residence by Hyatt, which is based in Chicago, developed the Yonkers project in partnership with Forest City Daly Housing of New York City, an affiliate of Forest City Enterprises of Cleveland, OH.

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

Once you are an ALM digital member, you’ll receive:

  • 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

*May exclude premium content
Already have an account?


© 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.



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.