The Best Neighborhoods for Retirees in Manhattan

Written By Stephanie Spencer | May 29, 2012
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Accustomed to the fast paced energy that consumes all aspects of Manhattan living, it’s always difficult to remember to slow down and take everything in. Businessmen hurry to work in their pressed suits, while children maneuver the streets like professionals to get to school on time, all the while overlooking the cultural gems that brought them to Manhattan in the first place. No one simply has time to allow the city to envelope them anymore in a way that would allow them to sit back and admire. However, look underneath the zipping energy, and you’d find New York retirees who have earned their rest, who have earned the right to walk briskly down the streets without concerns, and who have settled in the neighborhoods that will give them the accessibility to explore. So while it is no secret that Manhattan offers young apartment residents immediate action, more and more retirees are looking for a place to hang their hats for the golden years with amenities that will include hospitals, restaurants, cafes, theaters, and music.

A number of areas all around Manhattan are viable candidates for retirees to settle in. In recent years, the Upper West Side has proven itself to be an elegantly serene location for older people to leisurely spend their days. With Lincoln Square and Central Park in close proximity, older residents have the opportunity to enjoy different characters they can watch from park benches. In a neighborhood where one in five apartment residents are over the age of 55, according to the Daily News, apartment prices are around $850,000, while a two-bedroom in the brownstone at 57 West 75th Street rents for $4,500.

For retirees looking for an area buzzing with more energy, Murray Hill has a slue of students coming and going throughout the area because of New York University’s Langone Medical Center. Murray Hill locals can also take comfort in knowing that Belleview Hospital is in the immediate area. Potential residents may enjoy Murray Hill’s nightlife that stops short of being too over-the-top. Theaters, boutique stores, and restaurants dot the neighborhood, making an active environment for its residents. Pre-war buildings have apartments with two bedroom and one bath going for &750,000 a month, while rental prices for three bedroom apartments average around &7,500.  Compare this to the Beekman Place on the East River, with one bedroom pre-war co-ops selling for $550,000 and rentals as low as $2,400, and any prospective apartment dweller will find themselves with a wide selection of living conditions suitable for them.

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