Tag Archives: renters 55+ NYC

Why Baby Boomers May Be Ideal Tenants for NYC Apartment Rentals

5 Points…

The American Dream – The Rules Have Changedcouple

At one time, living the American Dream consisted of buying a dream house that you lived in throughout your golden years. The Baby Boom generation has rewritten the rules. Some baby boomers are giving up their palatial suburban houses to live a more maintenance-free lifestyle in a nice apartment, condo or penthouse that they rent. According to research, 60 percent of renter household growth is from the 55+ generation. The apartment industry is embracing the older generation and they’re not letting go. Here’s why: Read More