Empty nester checklist: What to consider if you are buying or renting in NYC

… Its not just the younger set that heeds the siren call of New York City Empty … to real estate professionals to find out what empty nesters should consider before buying or renting in NYC Heres what they advised Editors note  A …

By Jennifer White Karp |August 19, 2025 - 1:45PM
Home sharing with a senior: Roommate matching program makes living in NYC more affordable

… the participants either the host or guest must be age 60 or older and the other can be 18 or olderfor example a student … in need of housing The program also serves adult hosts age 55 or older who are interested in sharing spaces with … she says New Yorkers in both market rate and rentsubsidized apartments are entitled to have a roommate under section …

By Jennifer White Karp |April 25, 2024 - 4:30PM
What's a reverse mortgage—and how common are they in NYC?

basic level a reverse mortgage is what it sounds like a home loan where the bank pays you based on your homes value … law according to the New York State Department of Financial Services NYSDFS Borrowers need to be at least 62 years old … also usually come with costs including closing appraisal application and attorneys fees though origination fees on …

By Celia Young |April 2, 2024 - 3:30PM
Where seniors can find luxury independent living residences with resort-like amenities plus 24/7 personal care

… bestinclass amenities and roundtheclock care services If you didnt know better youd think these sleek spaces were … to cruise ships or Club Meds They aim to meet seniors needs entirely on the premisesonly including assistance with … Theres also an inhouse library curated by a local bookseller and residents can join book clubs and attend readings …

By Evelyn Battaglia |August 22, 2023 - 11:30AM