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Hines & Welltower Acquire Midtown Manhattan Site to Develop Seniors Housing and Memory Care Community

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NEW YORK & TOLEDO, Ohio--(BUSINESS WIRE)--The New York office of Hines, the international real estate firm, and Welltower Inc. (NYSE:HCN), a leader in health care infrastructure, announced today that they have closed on the acquisition of a development site at 139 E. 56th Street on the northeast corner of Lexington Avenue and 56th Street in midtown Manhattan. Existing commercial structures on the site will be demolished to make way for construction of a 15-story senior living community with ret


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