KCOA continues on

Two years ago, the two towers comprising Kinneret Apartments were sold to a private developer and manager of low-income housing projects. Having been built 50 and 40 years, respectively, earlier, the apartments needed a more complete renovation. The trustees studied the issue extensively and determined that this transaction represented the best option for financing such a project and thus maintaining the residents’ quality of living.

Not long after completion of the Kinneret Two tower at the end of the 1970s, the building’s trustees formed the Kinneret Council on Aging, with the initial purpos...