Reverse Mortgages in New York City
“The City that Never Sleeps,” as it is affectionately known, is a city full of entertainment, culture and plenty to do. Whether you are visiting or living or planning to live in New York, there is always something to do and something always going on.
Ironically, New York was not always called “New” York but New Amsterdam. Even now, New York City is known by a myriad of colloquial names such as the Empire State and The Big Apple, which was first said by musicians who wanted to play the big time.
New York City was also the first capital of the United States (from 1789 to 1790) where George Washington took his presidential oath as the first President on the balcony of Federal Hall.
Enjoy Retirement in New York City with a Reverse Mortgage
New York City is home to a rich history and plenty of creations. For example, eggs Benedict, pasta primavera and the ice cream cone were all invented in NYC.
In fact, NYC is one of the best cities to go to explore different variations of well-known cuisine. If you’re on the run, New York City has plenty of mobile food carts for quick meals such as hot dogs, pretzels and falafels.
Impressively, many consider New York City to be the best pizza in the United States. Some say this is because the water used to make the pizza crust is the best water in the world but whoever has the opportunity to try New York City pizza should be the judge of that.
For those more inclined to finer dining, 9 out of the top 100 restaurants are located in New York and some the most important, but expensive, restaurants in the world here as well. Some of them cost diners upwards of $400 per person.
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Residents or visitors of New York City may also enjoy plenty of culture, nature adventures and an exclusive nightlife.
Movie and TV show buffs can enjoy visiting the places where many famous and renowned scenes have taken place in addition to the Rockefeller Center, where Saturday Night Live and The Today Show are filmed.
For nature enthusiasts, The Bronx Zoo is considered one of the best in the country because of its contribution to the preservation of many rare species of wildlife.
For those who love to be out and about and meet new people, they may just run unto one of the various actors and directors such as Robert De Niro, Tommy Lee Jones and Spike Lee.
New York City is a place where anything and everything can happen; it’s just a matter of finding the time to do a little bit of anything and everything.
Plan Retirement with a Reverse Mortgage
If you presently own a home in New York City a reverse mortgage can help you downsize from your current home and into a state that has plenty of history to revisit and beautiful natural landscapes to explore.
At PS Financial Services, a reverse mortgage company licensed in New York City, we always work with our clients to find the best product for their personal situation. Whether you are looking for at a Reverse Purchase or Reverse Mortgage, PS Financial Services can help.
If you think a Reverse Purchase is right for you or you simply want more information, let us know at (888) 845-6630 or email us at info@PSReverseMortgage.com.
New York City
New York City is the most populated city in the United States and the premier
gateway for legal immigration to the United States. The Statue of Liberty greeted
millions of immigrants as they came to the Americas by ship in the late 19th and 20th
centuries and is a globally recognized symbol of the U.S. and its democracy. The city
is the home to the headquarters of the United Nations and has been described as the
cultural and financial capital of the world. NYC consists of five boroughs: Brooklyn,
Queens, Manhattan, the Bronx, and Staten Island (now an independent city). Over
800 languages are spoken in New York making it the most linguistically diverse city
in the world.
New York has architecturally remarkable buildings in a range of styles and from
distinct time periods. Manhattan’s skyline, filled with many skyscrapers, is
universally recognized, and the city is home to some of the tallest buildings in the
There are hundreds of distinct neighborhoods within the five boroughs of NYC.
Manhattan: Is the home to central park and has the most city skyscrapers. It is the
administrative and financial center of the city and includes the headquarters of
many corporations, the United Nations Headquarters, some of the top universities,
and many cultural attractions. The city is divided into lower, midtown, and uptown
The Bronx: It is the city’s northernmost borough. It is the location of the Yankee
Stadium, home of the NY Yankees. It is also home to the Bronx Zoo, the world’s
largest metropolitan zoo.
Brooklyn: It’s the city’s most populated borough. It is known for its cultural, social,
and ethnic diversity, and independent art scene, distinct neighborhoods, and a
unique architectural heritage. Brooklyn has a beachfront shoreline including Coney
Island, one of the first amusement parks in the country.
Queens: It is the largest borough, the most ethnically diverse county in the U.S., and
the most ethnically diverse urban area in the world. It is a collection of small towns
and villages originally founded by the Dutch. Queens is where Citi Field is located,
home of the NY Mets.
Staten Island: Is the most suburban in character. The Staten Island Greenbelt
includes 28 miles of walking trails and one of the last undisturbed forests in the city.
New York City Parks
The city of New York has a complex park system with lands operated by the
National Park Service, the New York State Office of Parks, Recreation and Historic
Preservation, and the New York City Department of Parks and Recreation.
Gateway National Recreation Area contains over 26,000 acres mostly surrounded by
New York City including the Jamaica Bay Wildlife Refuge in Brooklyn and Queens.
The park includes a portion of Rockaway Peninsula, specifically Jacob Riis Park and
Fort Tilden. In Staten Island, it includes Fort Wadsworth, with historic pre-Civil War
era Battery Weed and Fort Tompkins, and Great Kills Park.
The National Park Service also manages the Statue of Liberty National Monument
and Ellis Island Immigration Museum. They are joined in the harbor by Governors
Island National Monument. Historic sites include Castle Clinton National Museum,
Federal Hall National Memorial, Theodore Roosevelt Birthplace National Historic
Site, General Grant National Memorial, and African Burial Ground National
Monument, ad Hamilton Grange National Register.
There are seven state parks including Clay Pit Ponds State Park Preserve, a natural
area including riding trails, and Riverbank State Park over the Hudson River.
New York City has over 28,000 acres of parkland and 14 miles of public beaches.
Parks include Central Park, Prospect Park, Flushing Meadows-Corona Park, Forest
Park, and Washington Square Park. The largest park is Pelham Bay Park with 2,700
Central Park: It is the most visited city park in the U.S. with 25 million
visitors a year. There are multiple lakes and ponds, two ice-skating rinks, a
zoo, a conservatory garden, and the Jackie Onassis Reservoir. Indoor
attractions include Belvedere Castle, the Swedish Cottage Marionette
Theater, an the historic Carousel.
Prospect Park: It is located in Brooklyn and has a 90-acre meadow, a lake,
and extensive woodlands. The park includes the historic Battle Pass,
prominent in the Battle of Long Island.
Flushing Meadows-Corona Park: It is located in Queens, the city’s largest
park, was the setting for the 1939 World’s Fair and the 1964 World’s Fair
and is the host to the annual United States Open Tennis Championships
Bronx: Over 7,000 acres is open space and parks including Van Cortlandt
Park, Pelham Bay Park, the Bronx Zoo, and the New York Botanical Gardens.