Enter Web ID
Search Listings
Open Houses
Sell with LoHo

 
Search All NY Listings

 
Selling Your Home
Our Agents
Join Our Mailing List
Lower East Side
Press
References

 
Amalgamated
East River
Hillman
Seward Park

 
About Concierge

Not for seniors only

NY Newsday
By Cara S. Trager
Published April 2, 2005

           
                     

Besides appealing to seniors, NORCs also attract much younger residents, from 20-something singles to beginning families.

Jacob Goldman, president of LoHo Realty Inc. on Manhattan's Lower East Side, said Co-op Village, a NORC, draws active retirees downsizing from the suburbs and young people who want digs. near hip-and happening hangouts.

Five years ago, the development began allowing residents to sell apartments on the open market, and since then, prices have doubled. A one-bedroom co-op today starts at $400,000, said Goldman.

"Grandchildren are looking to buy apartments that their grandparents sold," he said.

Amy Schrift, 38, is a musician and single. Three years ago, she moved into Morningside Gardens because of its location - Manhattan's Upper West Side - and its diversity. Besides seniors, the complex has many families with children, she said.

"It's a total mix," said Schrift, "and I like the energy."


563 Grand Street, NY NY 10002, 212 388.1115 TEL 212 388.1114 FAX 866 LOHOREALTY TEL info@lohorealty.com