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New York’s Luxury Senior-Living Towers Open to Covid-Era Reality

(Bloomberg)—By the end of the year, New York City will get three posh assisted-living towers offering seniors spa treatments, gourmet meals and chauffeured rides along with their daily care.

The projects were built on a bet that a surging population of wealthy elders would pay hefty sums — starting around $13,000 a month in Manhattan — to stay near their grown children, in a vibrant urban center, when they could no longer live alone.

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