Fairstead and Partners Break Ground on $120 Million Redevelopment of Alexandria’s Historic ‘Samuel Madden Homes’ Public Housing Community
At 117 West 79th Street on the Upper West Side, developer Fairstead is converting the Park 79 hotel into affordable housing for seniors. Fairstead purchased the seven-story hotel, steps from the Museum of Natural History, in 2016 for $22.5 million, and it’s partnered with Project FIND for the redevelopment.
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