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Assisted-living project coming to landmark Manhattan property.


Frydman & Company, in a joint venture with Savanna savanna or savannah (both: səvăn`ə), tropical or subtropical grassland lying on the margin of the trade wind belts.  Partners, has announced that it will develop a unique senior housing complex at 455 Central Park West, on the blockfront between 105th and 106th streets.

Frydman & Company, a Manhattan-based real estate merchant banking firm, will construct a 27-story residential tower at the site, while also restoring the historic New York Cancer Hospital The New York Cancer Hospital (NYCH) in New York City was a cancer treatment and research institution founded in 1884 . The hospital was located at 455 Central Park West between 105th St and 106th St. , a landmark brick and sandstone building complex originally built by John Jacob John Jacob is the name of:
  • John Jacob Astor, first of the Astor family dynasty and first millionaire in the U.S.
  • a U.S. administrator, see John Edward Jacob
  • a General, see John Jacob (soldier)
  • a candidate for U.S. Congress, see John D.
 Astor.

The Towers at Central Park West will contain a mix of assisted-living residential units including studio, one- and two-bedroom apartments with kitchens and baths, as well as luxury residential and compatible use units.

The development project will include exterior restoration and interior renovation of the landmark building, converting the lower levels into reception, dining and meeting rooms. The entire project will comprise 322,272 gross square feet of space on a 42,587 square-foot blockfront site.

The Towers will provide complete services and amenities for older adults, and will respond to the pressing need for assisted-living facilities in Manhattan. Services will include weekly housekeeping, linen and laundry service; arranged transportation to appointments; complete schedule of social and recreational activities; on-site security and emergency response staff; religious services; three meals daily served in a choice of dining rooms; oversight of medication; and assistance with eating, dressing and personal hygiene personal hygiene person nKörperhygiene f .

"The Towers project will turn the typical retirement scenario on its head, providing retirees with a new urban alternative," said Jacob Frydman, president of Frydman & Company. "The advantages of retiring in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 include easy access to culture, services and products, and a location relatives actually want to visit."

Frydman also said that in the urban environment, with eight million neighbors, there is no chance of isolation.

The existing building complex was built by John Jacob Astor in the 1880's to house the United States' first hospital dedicated to the treatment of cancer. The facility, designed by Charles Coolidge Height, features 16th Century French chateau style corner turrets Turrets can mean or be confused with:
  • Gun turret, in weapons, a gun mount that swivels, usually mounted on a naval warship, or other weapons platforms like planes, tanks, helicopters, etcetera.
, slate roofs, limestone dormers and a buttressed but·tress  
n.
1. A structure, usually brick or stone, built against a wall for support or reinforcement.

2. Something resembling a buttress, as:
a. The flared base of certain tree trunks.

b.
 English Gothic chapel.

Originally known as the New York Cancer Hospital and later as the Towers Nursing Home, the structure was designated a city and state landmark in 1976 and was entered into the National Register of Historic Places This article is about the U.S. Register. For the National Register of Historic Places in Canada see Canadian Register of Historic Places.

The National Register of Historic Places
 in 1977. It is now regarded as one of the most important architectural landmarks on the Upper West Side.
COPYRIGHT 1997 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Real Estate Weekly
Date:Aug 20, 1997
Words:395
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