Coterie Hudson Yards

Coterie_WEBVTT

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Christine Healy: Hey, Arthur, I want you to take a minute about your background before we get into it.

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arthurbretschneiderimac: Yeah, sure. So I've been in the senior living industry. For about 20 years my family started operating and developing retirement homes back in the 1950. S. So we've we've been at it as a family for a really long time. Over the years I've helped a few 100 families find senior living options myself, and of course, at Senior le Help. Thousands of families find senior living communities every year.

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Christine Healy: Okay, so 20 years in the business, I feel like, you're probably an expert at this point, you know, a little. Okay? So the community I'm gonna ask you about today. It's in New York, and it's called Coterie Hudson yards. And it looks absolutely beautiful online, what do we know about this community?

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arthurbretschneiderimac: Yeah. So this is coteries. Second community that they've launched. Coterie is really a brand that's that came out of a partnership between Atria senior living and the related companies, which is you know, Atria is one of the largest senior housing operators and owners in the country, and related is one of the largest real estate, residential and

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arthurbretschneiderimac: and sort of commercial real estate developers. In the U.S.A. They tend to do really high end things. And so the 2 came together to build these like hyper, luxurious, new kind of

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arthurbretschneiderimac: senior living communities that are meant to really blow people's minds on what senior living can be. And I think, the coderie in San Francisco was super beautiful, and Hudson yard is is certainly no different

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Christine Healy: as actually

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arthurbretschneiderimac: yeah. So it's in midtown. You know, a a in Hudson Yard. It's just close to you know, Broadway, the High line, just everything there. It's right sort of in the middle of all the development that's happening over there. And you you can't miss it. I mean, it's a beautiful building. It's a it's a it's a large, high rise. And the community itself actually offers

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arthurbretschneiderimac: all levels of care there. So they're really trying to to provide a continuum of care. So you know, folks can move in when they're more independent. And they're looking for just more of a maintenance, free lifestyle. They want housekeeping. They want social activities. They want like dining services, things like that.

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arthurbretschneiderimac: And then once they start needing a care like assisted living or dementia care, memory care. You know they have those supportive services in there as well, and they've built, you know, a Ver a variety of different floor plans for folks, you know, depending on sort of what they want and and need from studios to one. Bedrooms, 2 bedrooms. And you know they've they've really like

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arthurbretschneiderimac: just gone. II don't know. These communities are just absolutely toward the one in San Francisco, and I remember the memory wing had Circadian lighting, which is actually proven to help reduce sundowner syndrome, and I just thought that was

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arthurbretschneiderimac: they really? Yeah, they're very, very thoughtful around the design. So you know, you have things like, just beautiful, kind of more like interior design. Right? You walk in. You feel like you're in a luxury hotel versus like a senior living community. But they also have really put a lot of thought into. You know how to care for folks, and like what sorts of elements in the design can they incorporate whether it's like

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arthurbretschneiderimac: mental wellness, you know physical wellness. You know all those sorts of things. Into the into the building, like many continuing care retirement communities. No, it doesn't. So this is a rental community.

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arthurbretschneiderimac: you know. It is a. It is an expensive community. It's kind of on the on the high end, for sure. Pricing, you know, in the tens of $1,000 a month, you know, can be

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arthurbretschneiderimac: 20,000 plus per month, depending on the care that you need, and sort of the apartment. So while there isn't a buy, and it certainly is there. There is a, you know, a high price tag for what? For? For for the community. But again, like, when you think about the fact that the cost of living is in Manhattan and what's provided in these communities, you know it really, actually, isn't that much of a you know of a shock, so to speak, when you. My understanding is that there's really only like

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arthurbretschneiderimac: probably a handful of communities in the entire Us. That is operating at kind of a level of luxury like this one. Is that right? Correct? There's, I would say, less than 10 in the entire Us that are like at this level. So yeah.

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Christine Healy: yeah. Great anything else you'd like to share with us.

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arthurbretschneiderimac: No, I just. It's certainly a community that I'd highly recommend. Folks tour as they're sort of in the market, especially if they're in the market for something that's like, really, really unique and special. Yeah, great. Well, thanks for your time today, Arthur.

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Christine Healy: my pleasure, bye.