5/21/2023 0 Comments New york highrise cityThat process is informed by the company’s national Covid-19 task force led by COO Karen Mlawsky. To keep residents safe amid Covid-19, Watermark is screening anyone who enters the community, limiting the number of family members new residents can bring along during the move-in process and regularly disinfecting the building, among other measures. The architectural team for The Watermark at Brooklyn Heights included Richard DeMarco, principal of Montroy DeMarco Architecture and Andres Escobar, partner and design principal at Lemay+Escobar Architects. Private equity investor Kayne Anderson Real Estate Advisors and Tucson, Arizona-based Watermark Retirement Communities acquired the property in 2017 with real estate investment and services firm Tishman Speyer. Rates range from $8,295 for a studio apartment to $19,500 for a two-bedroom/two bathroom residence. Photo by Barry Hyman art direction by Ines Newby Photo by Barry Hyman art direction by Ines Newby.Other amenities include an art gallery and studio, movie theater, performing arts center, salon and spa, fitness center with a yoga and pilates studio and an indoor heated therapy pool. The community houses multiple upscale and diverse restaurants along with a lounge-like library bedecked in walnut wood paneling and shelving, with leather and velvet seating. The Watermark at Brooklyn Heights still resembles an upscale hotel today, with 50,000 square feet of high-end amenity space for residents and an intricate design. It’s also one of a handful of new high-end senior housing developments exemplifying the demand for luxurious senior living services in the Big Apple. The Watermark at Brooklyn Heights is one of the properties in the Tucson, Arizona-based operator’s Elan Collection of luxury senior housing communities. But the Watermark team is also selling new, higher standards of senior living from both a physical plant and operations perspective. But, the pandemic has raised questions about demand for senior living in general, depending on whether and when older adults feel comfortable moving into communal environments.Īt Watermark, reassuring new and prospective residents about safety, and making some operational adjustments related to the move-in process, are proving to be important. The Big Apple has a dearth of private-pay senior living options, creating an expectation that these large and expensive projects would fill up due to robust demand. The Watermark project may provide early indications of how severely the Covid-19 pandemic has complicated the long-anticipated openings of the New York City senior living developments.
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