The Real Deal New York

Former GE building in Stamford set to become senior living facility

December 20, 2018 09:44AM

A vacant office building that was once home to General Electric is on its way to becoming a senior living facility, the Stamford Advocate reported. Developer Steven Wise Associates bought the 196,000-square-foot building at 201 High Ridge Road from GE for $17 million approximately three years ago this month, the outlet previously reported. The developer now plans to demolish nearly 120,000 square feet of commercial space at the site and build a four-story building that houses 150 units for seniors. The proposal has received a stamp of approval from Stamford’s Zoning Board. While GE still has employees in Stamford, the conglomerate announced in January 2016 that it would move its corporate headquarters to Boston[Stamford Advocate]