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24-Story Senior Living High Rise Slated for Second Avenue in 2019

By Shaye Weaver | December 15, 2016 1:41pm
 A new senior living high rise is moving onto Second Avenue, between 93rd and 94th streets, by 2019.
A new senior living high rise is moving onto Second Avenue, between 93rd and 94th streets, by 2019.
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DNAinfo/Shaye Weaver

YORKVILLE — A new 24-story senior living facility is on its way to Second Avenue.

Omega Healthcare Investors, a senior healthcare and real estate investment trust based in Maryland, is merging six of their properties — from 1802 to 1810 Second Ave., and 303 and 305 East 93rd Street — to build a 235-foot tower with 215 senior apartments, new plans filed with the Department of Buildings show.

The high-rise tower will also have a pool, a fitness studio, a library, a salon, offices and meeting spaces, common rooms, and a kitchen.

"It's geared for the frail elderly, and will offer a combination of assisted living services and memory care, like for people with Alzheimer's," said Steven Insoft, the chief of corporate development at Omega.

The four existing buildings on Second Avenue consist of walk-ups with storefronts on the ground level, which appeared to be empty. Two of the buildings on East 93rd Street are vacant residential walk-ups.

The building will be set next to MTA's Second Avenue Subway ventilation building, which sits on the corner of Second Avenue and 93rd Street.

Maplewood Senior Living, which has communities in Connecticut, Massachusetts, and Ohio, will manage the property.

A representative from Maplewood did not immediately respond to a request for comment on Wednesday.

Omega has already begun preparing the existing buildings for demolition, which will begin "imminently," Insoft said.

Construction will likely start early next year. The entire project is slated for completion in spring 2019.

Omega purchased the buildings for $111 million in 2015, according to the New York Post.