With many families deciding to stay in NYC and raise their families here, grandparents are also coming to NYC at first to help out and then they decide to stay. Many of these grandparents as profiled in the NYT, come from the suburbs or out of state say farewell to their lives there and start fresh here in the Big Apple.
They find that the urban environment allows them to be close not only to their families but to cultural institutions and make new friends. With this new life they sometimes even take their grandchildren on their new in the city treks.
Many of these grandparents might decide to rent their own place at first to try out New York City and then afterwards decide to cut ties with their other life and make a purchase of a New York City co-op or condo.