Trump Starts Work on Senior Community in Westchester, New York

Go_TRUMPIn looking to the future, Donald Trump has started work on his first senior development. The 141 unit set to be built in Westchester County, New York will be an upscale community for those 55 years and older. With the baby boom starting to near the retirement age, Trump himself is now 60, the need for this housing is going to increase rapidly.

Megamogul Donald Trump is taking his cue from the candles on his own birthday cake.
After turning 60 this summer, he’s selling condos for the senior set.
His first development for the 55-and-over crowd is a four-story, $112 million luxury building in Yorktown in Westchester County. It’s called – no surprises here – Trump Park Residences.
To own an apartment in the tony 141-unit complex – on 50 acres overlooking a lake – at least one of the buyers must be 55 or older.
The “Apprentice” star isn’t alone in hitting the big 6-0. Both President Bush and former President Bill Clinton celebrated their 60th birthdays this summer, too.
And every seven seconds, another baby boomer turns 60. via the New York Daily News

Related posts:
  1. Senior Housing A Strong Point In Market
  2. Top 10 Counties For The Highest Property Taxes

« « Stuyvesant Town and Peter Cooper Residents Watch Out – Change is a Coming| Moody’s Projects Housing Will Be A Losing Proposition Over The Next Decade » »

Post a Response

« Back to text comment
  • Popular

    Most Comments

    Search

    Tags

    Archives

  • Recent Comments

    • Very funny comparison. However you don't need to pay property tax on Barbies 3 Story Dream House. With the unemployment ...
      Pete | 21Mar10 | More
    • My wife has actually decided to study for and get her real eatate licence just so we dont ever have ...
      Brandon | 20Mar10 | More
    • I like your analogy in this article. The real estate economy really is like a patient who you cannot ...
      Bill Hernandez | 19Mar10 | More
    • Real Estate is hyper-local. Every market is different. Phoenix has already hit bottom and is starting to recover. We have ...
      Marc Brodeur | 19Mar10 | More
    • Great to hear that the big boys are predicting recovery sooner than most think. Thanks for the value!
      Mark Arenella | 19Mar10 | More
    • I agree--good analogy. You have to crawl before you can walk. Right now, at least in Austin, many people would ...
      Austin Mortgage | 19Mar10 | More
    • an add on to my previous comment--I suppose nationally it's hard to tell, but each city and market is in ...
      Austin Mortgage | 19Mar10 | More
    • Hmm.....interesting. Of course, I would love to see the real estate market bounce back as quickly as possible, but just ...
      Austin Mortgage | 19Mar10 | More
    • I live in the Philippines and I am glad we are not on the lists...
      homes for sale in chandler az | 19Mar10 | More
    • I have a few Litograghs of Presidents homes , made by Richard V. Sebring. yr. 1990 Do they have any ...
      Jack | 18Mar10 | More
  • Statistics

  • Friends

  • Subscribe





    Get Updates Delivered Daily By E-Mail:

    Delivered by FeedBurner