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Senior Housing Towers Open in Manhattan and Brooklyn

For decades, 70-year-olds in search of age-focused housing in New York were often out of luck. A lack of supply sent them to the suburbs.

For decades, 70-year-olds in search of age-focused housing in New York were often out of luck. A lack of supply sent them to the suburbs. But now as land prices dip and demand ticks up, developers are adding buildings in prime New York neighborhoods for the post-retirement set.

They're arriving at a difficult time, as the devastation wrought by Covid-19 has made some leery of group living. Yet as the senior population swells, analysts and developers believe the sector is poised to grow, as others seek ways to avoid isolation.

Tom Sibley for The New York Times

For decades, 70-year-olds in search of age-focused housing in New York were often out of luck. A lack of supply sent them to the suburbs. But now as land prices dip and demand ticks up, developers are adding buildings in prime New York [...]




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