Seniors housing developers compete for Global Award

NEW YORK: The four hundred and forty-third entry for the seniors housing Global Awards for 2015 has been received.

The rue Saint-Honoré, located in the first arrondissement (district) of Paris, is possibly one of the city’s most elegant streets. Its pavement is lined with luxury boutiques including Hermès, Yves Saint-Laurent and Colette.

The glitzy neighbourhood has long been out of reach for the city’s low- and moderate-income residents. But all that changed this week when city officials inaugurated 12 mixed-income housing units in a newly renovated building at 334 rue Saint-Honoré.

Global Over 50s Housing/Healthcare Awards.

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