Gothamist: Baby Boomers Boomerang Back To Their Babies

Samantha T

Mon, 07 May 2007 11:53:27 -0500

Trying to picture my parents living on Smith Street...nope, still can't.

Jeff Miles

Sun, 06 May 2007 16:48:10 -0500

There was a lot left out of the story. We both look forward to living in, and becoming part of a neighborhood, being able to walk (what a concept!) to find most of our dialy needs, use the subway, and visit with our friends. Our four children live in Sparta, NJ, Key Largo,FL, Brisbane (AU), and (probably) Beacon, NY. We plan to renovate the building, add solar panels, build a roof garden, and re-discover city life. Not exactly a plan to go gentle into that good night, but there it is.

luke

Fri, 04 May 2007 21:25:15 -0500

Additionally, the old are really very pleasant.

luke

Fri, 04 May 2007 21:24:37 -0500

The story was kind of touching and cool. I agree with the above commenter, there is much to take advantage of for city-dwelling retirees. My parents have no intention of leaving even though they no longer work. Also, we tend to forgot that many of the city's cultural institutions are kept afloat by old folks.

sw

Fri, 04 May 2007 18:42:20 -0500

Taxes aside living in a five bedroom house on several acres of land in a town with a good school system makes no sense if you don't have kids. Plus if these people are still working, they might be commuting several hours. In the city they can go to restaurants, go to plays (which let's face it are geared towards boomers) and if they see their grandkids more often, that's a bonus. Plus no stairs, grocery delivery, hospitals

matty

Fri, 04 May 2007 16:21:42 -0500

not a new phenomenon at all. empty nest syndrome is happening all over the country. who cares.

todd

Fri, 04 May 2007 16:07:19 -0500

9, property taxes outside of manhattan might be lower than the suburbs, but they dont pay NYC income tax out there so net NYC is more expensive usually, unless you are very low income.

Old Fogie Mugger

Fri, 04 May 2007 15:34:21 -0500

Oh good, more rich victims at my disposal. Bring em on', and I'll send em back to the boonies with their Tumi luggage and a broken cheekbone.

L

Fri, 04 May 2007 15:19:49 -0500

It's not just a boomer trend--trust me on this one.

Will

Fri, 04 May 2007 15:14:08 -0500

Property taxes in the city are very low compared to the suburbs. Brooklyn brownstone owners pay about $3,000 a year.

empty nester

Fri, 04 May 2007 15:02:58 -0500

Cities are easier and more exciting for older people. They also want to downsize and simplify their lives. So whether they move to Miami, Madrid or New York, one way to get rid of their crap is to unload them on their kids. The only downside of this strategy is that they'll need to bankroll a large enough apartment for their kids.

boomers suck

Fri, 04 May 2007 15:01:28 -0500

makes sense for older people to move back into the city...why would you want to pay the outrageous property taxes of the suburbs that mainly go to fund the schools when your kids are all grown up Property taxes in New York are hardly low unless you move into a luxury condo with a tax abatement aka welfare for millionaires. And you have to factor in the city income tax. The real savings are from downsizing.

b

Fri, 04 May 2007 14:53:09 -0500

makes sense for older people to move back into the city...why would you want to pay the outrageous property taxes of the suburbs that mainly go to fund the schools when your kids are all grown up

Tim N.

Fri, 04 May 2007 14:49:15 -0500

Good ol' Gersh, things just get too quiet for him... Sad thing is, my parents (both deceased) were both born and married in the Bronx, and if they came back to the city they wouldn't recognize the place... for better and worse...

Carla

Fri, 04 May 2007 14:47:59 -0500

Ha my parents are returning to NYC from 20 years spent in Buffalo and I plan to save rent $$ and live with them throughout grad school. It's a little scary to think about our next 3 years together.

kill your parents

Fri, 04 May 2007 14:43:13 -0500

And the circle of selfishness is complete. Not only have boomers spent the past 50 years screaming "ME! ME! ME!" and ruining this country with their greed and self-absorption, but even in retirement they fuck with us and make it nearly impossible for anyone else to think of moving to New York at a young age. Unless of course you are bankrolled by your boomer parents.

ugh!

Fri, 04 May 2007 14:23:59 -0500

i just threw up in my mouth.