There is more to the city that never sleeps than just commotion. With more than 300 square miles and 250 distinct communities, there are many of wonderful spots to unwind. And we’ve been expert movers in NYC for years, so we know them all. We thus have some advice on where to spend your senior years as part of our series on the greatest neighborhoods in New York City.
Primary Considerations for Retirees When Selecting a Community
Between 2011 and 2022, the number of elderly persons in New York State increased by 31%. Additionally, around one in five New Yorkers are older than 65. Thus, the Big Apple is undoubtedly age-appropriate. However, there are a few things to think about while picking a new residence.
The Affordability of Housing and Living Expenses
One of the most costly things in the nation is real estate. One-bedroom rentals typically cost $4,000 per month. You’ll also require a sizable sum of money if you want to purchase. For example, properties in some Brooklyn areas (as well as much of Manhattan) can cost upwards of a million dollars for townhouses, high-rises, and brownstone apartments. But for roughly a third of that, you can locate some good condominiums in East Queens, which is near Long Island. So, compare prices.
Accessible Medical Services and Facilities
There are also the most physicians in Manhattan. Nonetheless, the hospital system in New York City is among the biggest and most extensive in the nation. Additionally, you’re in good hands in all five boroughs with over 250 hospitals to select from in addition to innumerable in-home and other services. The majority of services are also easily accessible because of NYC’s massive public transit system. Nevertheless, depending on your location, the amenities may or may not be accessible by foot.
New York City’s Best Retirement Communities
In summary, there is something for everyone to enjoy in a multitude of NYC communities. However, these are OZ’s top five retirement-friendly neighborhoods:
Inwood
Located at the northernmost tip of Manhattan, this peninsula is nestled between the Hudson and Harlem Rivers. Because of this, you may enjoy both tranquility and the finest that NYC has to offer from its position. And kayaking, if you feel like it.
Three of the UES’s most popular destinations include the Met, the Guggenheim, and Central Park on the Upper East Side. In addition to renowned art galleries, theaters, cafes, restaurants, and libraries, there are lovely, albeit smaller, parks. In the city, real estate values are among the highest. Nevertheless, both families and pensioners frequent this comparatively tranquil oasis in the middle of the concrete jungle.
Hell’s Kitchen
This colorful small neighborhood just west of Times Square is a terrific spot to retire, despite its moniker. The fact that housing is still reasonably priced is one of the causes. and a low rate of crime. There are countless pubs, restaurants, and entertainment places. A few blocks distant are Central Park, Broadway, Lincoln Center, and the theater area.
Murray Hill
This is among the safest areas of New York City. Furthermore, it is in a good location—it is next to both Grand Central and the Empire State Building. The cost of rent is high. Nevertheless, young workers, families, and retirees all find it to be a popular destination because of its relative peace in the middle of everything. Not to mention constant access to everything, including some of the best medical facilities on the planet.
Williamsburg
This well-known hipster hotspot in Brooklyn is also a fantastic area for retirees. especially considering that the original hipsters are already retired. Williamsburg, which is close to Manhattan, has a little slower pace than Manhattan and provides lovely green areas like McCarren Park, waterfront sunrises, cafés, boutiques, and restaurants. Furthermore, the area has developed recently, providing its citizens with an increasing number of age-appropriate facilities and services.
Tip 1: Make a Sensible Budget
Manhattan has the highest cost of living in the nation. Areas with more isolation cost less. Even so, having a sizable nest egg or pension will be beneficial.
Tip 2: Think About (And Investigate) Accessibility
Due to NYC’s large public transit system, the majority of facilities and services are easily accessible. But not everything in the more than 300 square miles of NYC is always accessible by foot. So make some inquiries and get a personal look at your possible new residence.
Tip 3: Speak With Locals, Peers, and Family
Speaking of asking around, getting a second and third opinion is usually a smart idea. Thus, have conversations with your family, other NYC retirees, and people in your communities. Before you decide, pay attention to what your instincts tell you and what the consensus is.
