NEW YORK: A group of baby boomers is set to pool their resources to enable them to live in the city core.
In a throwback to the hippy communes of the 1960s, the move is a counter to escalating real estate values and rents.
The communes of the past were more a rural experience. A few dozen idealists on drugs living poorly off the land. The spiritualism remains, but the location has changed, and the asset base has grown…