NEW YORK: The eight hundred and twenty fourth entry for the seniors housing Global Awards for 2015 has been received.
The winning bid for the construction of 500 affordable apartments came from a consortium called Delancey Street Associates, made up of Taconic Investment Partners, L+M Development Partners and BFC Partners. They paid around $500 million for the nine sites near the Williamsburg Bridge and committed to spending a half billion more to build the project.
