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Empty nester checklist: What to consider if you are buying or renting in NYC

Jennifer White Karp | Brick Underground

It’s not just the younger set that heeds the siren call of New York City. Empty nesters are finding that downsizing and moving to an apartment in the city fits their lifestyle, one that is less tethered to work and responsibilities and more centered on fun and entertainment, especially if you’re retired or semi-retired.

Some empty nesters who are returning to the city lived here when they were younger. Others are moving to NYC for the first time, often to be near their grown children.

"It used to be [adult] kids would move to the suburbs. Now we're seeing the reverse effect in New York," said Annette Holmgren, an agent at Keller Williams NYC. "People are coming back to be near their kids."

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