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SERVING TWO MASTERS
The rush of empty-nesters to apartments has developers wondering how to best serve both Millennials and Baby Boomers.
Though the two cohorts enjoy amenities such as swimming pools, workout rooms, Wi-Fi, and dog parks, Millennials are more likely to want more social attractions, such as TV lounges, bars, and such, according to Zillow.com. The Boomers, conversely, the website said, prefer more-luxurious trappings, such as state-of-the art kitchens, high-end bathrooms, and walk- in closets.
Additionally, Millennials tend to prefer one-bedroom apartments, whereas Boomers favor multiple-bedroom units, to accommodate a home of ce and/or visiting children and grandchildren.
Speakers at the Interface conference half-jokingly debated whether to separate Millennials and Boomers by oor, having them meet only in the elevator or lobby.
But Millennials and Boomers might have at least one thing in common: The aforementioned CBS News report stated that some of the empty-nesters moving into apartments are divorced or widowed and are re-entering the dating scene.
There might be advantages to having an older or younger wingman.
TOGETHER
WE BUILD BETTER
The power of
ASSOCIATION
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