One real estate company has noticed that more people are moving to New York City at an older age, often for retirement.
In a conversation with Raegan Medgie of CBS2, Robyn Eckhaus discussed her move from the suburbs to NYC.
Eckhaus moved from Westchester County in August to be with her daughters, who “both live in Manhattan.” She said, “I feel like this is a little bit of my journey and my time to explore”.
Eckhaus, who is in her early 50s, said that the city feels like a fountain of youth. She said, “There’s so much entertainment here, there’s so much culture… It’s limitless”. She believes that the city is “a great place for me to be.”
Director of sales for Triple Mint real estate Joan Kagan said Eckhaus’ move is part of a growing trend seen during retirement
. “You have to make sure the snow is shoveled, you have to make sure the grass is mowed, and guess what? When you live in an apartment in the city, you’re not responsible for any of that,” she says.
She also cautions that real estate in the city is very expensive and limited, with less roomy spaces to live in. Often, because many places are strict with financing, renters and buyers alike are held to high standards and are even advised to pay the first year’s rent up front.