New Senior Division at Local Brokerage Firm Addresses Growing Market

New York City

March 6, 2015 — Getting older is a fact of life. As we've pointed out in the recent past, with older communities in co-ops and condos come new problems – but there may be new solutions, too. Ina Torton of Rutenberg Realty recognizes the need to develop new solutions. That's why she started a new seniors division at Rutenberg so she and a dozen of her colleagues can help older adults sell their homes and relocate to retirement facilities, reports the Daily News. It's "a niche she carved out during a 10-year tenure at Halstead Property" and one that is quite in demand. Citing a 2014 report from the U.S. Census Bureau, the report states that the population of Americans older than 65 will grow to 83.7 million by mid-century from just 43.1 million in 2012. This is a valuable resource that can help seniors, many of whom have lived in a co-op or condo for most of their lives, make the transition a lot less difficult.

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