A new 15-story senior-housing project at 139 East 56th Street is on the rise at the corner of East 56th Street and Lexington Avenue, in Midtown East. Construction has quickly risen up from street level, already reaching past the eighth floor. SLCE Architects is the architect of record while Hines and Welltower Inc. are the developers.
139 East 56th Street
Hines and Welltower Inc. are planning a 15-story senior-housing facility at 139 East 56th Street, located at the corner of Lexington Avenue in Midtown East. The duo recently acquired the site, which is currently occupied by a two-story, 7,000-square-foot commercial building, for an undisclosed amount, according to Bloomberg. The planned structure would feature assisted-living units and memory car services, although the number of units plan is not currently known. The existing building will be demolished, although a TGI Fridays restaurant must first vacant the premises.