Confucius Plaza Senior Center

Confucius Plaza was built in 1970 as a joint venture between NYS Educational Construction Fund, the NYC School Construction Authority, a developer and the local community to develop a new elementary school and a mixed use building which houses nearly 1000 families. Currently, many of the original tenants have “aged‐in‐place” and the Co‐op Management is exploring opportunities for servicing their senior population as well as bringing younger families to the property. WQB/IDA was hired to assist the management with analysis of residual development rights and exploring development opportunities such as a 240 bed, 150,000 sf senior living facility which can be connected to their original complex. The project is currently under review by the governmental agencies involved.