Retiring on the North Fork Guidebook

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Equity Ownership

Own your home. Own your future.
There are so many reasons why Peconic Landing is an exceptional place to live, but what makes us unique from other communities is our concept of ownership. As the first and only equity-based Life Plan Community in New York State, Peconic Landing offers a cooperative agreement giving members the opportunities and advantages of home ownership without the burden of upkeep and chores of home maintenance. Members at Peconic Landing are part of the Housing Association Cooperative and own shares that have the potential to earn appreciation upon resale, which is not available in traditional entrance-fee communities. With our unique equity model, you can:

Not only does this model benefit those who purchase a home here, but it benefits our entire community because our members are truly invested in our campus. Spend a few days at Peconic Landing and you’ll see that our members here have a voice and are more than just “residents.”

Our members are also rest assured by our commitment to excellence and adherence to the highest standards and best practices in the industry. Based on our community’s continued high level of occupancy and strong financial performance, Peconic Landing also maintains a stable BBB- investment grade rating and is one of the few retirement communities to have earned this distinction by the Fitch Rating Agency. As a not-for-profit organization as described in Section 501(c)(3) of the IRS code, we offer a robust social accountability program with an emphasis on giving back to the greater community.

To learn more about Peconic Landing or to schedule a tour, call 631-663-8779 or complete the form below.

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