When we think of the challenges of overseeing co-ops and condominium associations, we might think of late payments and aggressive pets. But another challenge has been waiting in the wings: the aging of America’s baby-boomer generation, many of whom are choosing to live out their golden years in their homes. There’s even a term for this: NORC — Naturally Occurring Retirement Community. It’s a trend presenting condo and co-ops boards with new and unique challenges. Read more…..
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