Developer stealing retirement community customers with “open space” idea

NEW YORK: An interloper in the over 50s housing sector is drawing customers from traditional retirement community markets by selling ‘shell space’ in his new mid-city project.
Customers determine how much space they require and pay a square metre rate.
The client then appoints his/her own architect to design a personalised living space…

This trend is covered in detail in the Seniors Housing & Healthcare Trends.

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