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NY City home prices unnerve suburban upgraders

Published Sun, Feb 28, 2016 · 09:50 PM

New York

RAISSA Fomerand grew up in Williamsburg, Brooklyn, and spent her early adulthood as a young striver in Carroll Gardens and Brooklyn Heights. She remembers those days fondly. So when her children were grown and out of her colonial in Larchmont, Ms Fomerand, 71, divorced and retired, wanted to move back to New York City.

"Lots of things come easily in the suburbs, but what doesn't come easily is the intellectual stimulation of being in an interesting neighbourhood," said Ms Fomerand, who has lived in Westchester County for nearly 30 …

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