1996 Mar
1996 Mar Vol. 16, No. 2
Focus on...The Real Estate Market Review & Forecast
We've Got You Covered
One of the most important pieces of insurance coverage a co-op or condo building carries is its Read More
Renewed Confidence in the Real Estate Market
At the Real Estate Board of New York's first residential convention last month, there was a sense of elation Read More
The Elderly Population is Booming
Will you trade in your co-op or condo for a Florida address when you reach retirement age? Don't be so sure. More and more New Yorkers are choosing to age in place in the same apartment they fell in love with when they were in their prime. If at least half of the units in your co-op or condo are occupied by people aged 60 or over, your building has evolved into a naturally occurring retirement community (NORC), a newly-coined phrase that reflects a growing trend. Even if your building doesn't have a large percentage of elderly now, it's not too soon to learn more about the NORC phenomenon. What you find out today could help you protect your real estate investmentand quality of lifedown the road. Read More
