Age restricted housing also suffers in slump

Age-restricted housing, those homes and condos exclusively for people 55 and older, is proving just as vulnerable to the slumping real estate market as every other type of housing. Full Story

Mattituck, NY

#1 Feb 2, 2008
We put down a deposit on one of the to-be-built Toll Brother Condos at the Regency at Prospect a few months ago. With the way the market is right now we are wondering if we should have any real concerns at this point. We have been reassured by Toll that they are on schedule and will meet their original completion dates. I just hope the construction of the whole developement, including the activities center, will not be delayed. Have there been any news articles or info about this development.

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