Retiring on the North Fork Guidebook

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Own your home. Own your future.

Equity ownership at Peconic Landing

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.

Frequently Asked Questions

Equity ownership in a senior living community allows members to purchase shares representing their residences rather than simply paying a traditional entrance fee. At Peconic Landing, this model gives members the opportunity to retain value over time while enjoying the benefits of independent living and access to future healthcare services.

At Peconic Landing, members purchase shares through an equity model similar to homeownership. When the residence is resold, the member or their estate may benefit from the appreciation, depending on market conditions and the terms of the agreement.

Equity ownership offers financial transparency, potential long-term value and greater flexibility compared to some traditional entrance fee models. Many people also appreciate having a real estate asset while enjoying a maintenance-free lifestyle and access to a continuum of care.

Yes. Many Life Plan Communities use non-equity entrance fee models where a portion of the fee may or may not be refundable. Peconic Landing’s equity ownership model allows members to own shares and potentially benefit from future resale value.

Monthly fees at Peconic Landing typically include maintenance, landscaping, housekeeping services, dining options, wellness opportunities, security, transportation and access to community amenities. The fee structure helps simplify daily living and reduce unexpected homeownership expenses.

Yes. As a Life Plan Community, Peconic Landing offers access to a continuum of care that includes assisted living, memory support, skilled nursing and rehabilitation services if healthcare needs change over time.

Many older adults choose equity ownership because it combines the benefits of community living with the opportunity to secure their financial legacy. It also provides a proactive plan for the future while supporting an active and independent lifestyle today.

Yes. Peconic Landing is a Life Plan Community on Long Island’s North Fork that offers independent living along with access to higher levels of care if needed in the future. This model provides long-term reassurance and continuity for members and families.

While staying at home may initially appear less expensive, many people do not account for maintenance, repairs, utilities, transportation, home modifications and in-home care costs. Senior living at Peconic Landing combines many of these expenses into one predictable monthly structure while also providing social connection, amenities and future care access.

Absolutely. Visiting Peconic Landing is one of the best ways to better understand the equity ownership model, explore residences and learn more about membership options. Visitors can also experience the community lifestyle and ask questions directly with the team. Click here to schedule a tour.

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

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