What is Peconic Landing and how is it different from other retirement communities?
Peconic Landing is an equity-model Continuing Care Retirement Community. While many retirement communities offer lifestyle amenities, Peconic Landing also offers a Lifecare contract. Similar to a long-term care policy, a Lifecare contract provides our members with access to award-winning assisted living, memory support, short-term rehabilitation, and skilled nursing should they need it, at no additional cost. This contract provides peace of mind while safeguarding a member’s estate from the exorbitant out-of-pocket costs of long-term care.
Peconic Landing is one of just 14 Continuing Care Retirement Communities (CCRCs) in New York State. It is overseen by the state Attorney General’s office, the Department of Financial Services, and the Department of Health and Human Services. It is the first and only Lifecare CCRC in New York State offering equity ownership and the potential for appreciation.
How is the community managed?
Peconic Landing is a not-for-profit organization. The organization’s Board of Trustees works with the Peconic Landing Housing Association Cooperative and the Member Cooperative Committee to carry out the mission of Peconic Landing.
What does Lifecare mean?
Lifecare is a relatively new concept in New York, providing members with access to a variety of long-term care services within one community. Members join the community living independently in a single-family cottage or apartment. As the member’s care needs change over time, access to assisted living, short-term rehabilitation, memory support, and skilled nursing care are available at no additional cost. This allows members to age in place, surrounded by loved ones and friends in the home they have come to enjoy.
As an added benefit for couples where both individuals are Lifecare members, there is significant value, as this contract allows one member to continue to reside in his or her cottage or apartment home should the other need care in the Health Center – all at no additional cost.
Can I move to Peconic Landing without signing a Lifecare contract?
Yes! In addition to our Lifecare contract, we also offer a Type C or “fee-for-service” contract. Similar to most Long Island retirement communities, our Type C contract offers the benefits of hassle-free homeownership while providing access to all of the lifestyle amenities available on campus. Members can also access Peconic Landing’s award-winning assisted living, memory support, short-term rehabilitation, and skilled nursing care, if needed, at the fee-for-service rate.
This contract provides peace of mind as the stresses of home maintenance and upkeep will be taken care of, with health services available nearby if needed. Type C members also have the opportunity to apply for Lifecare membership at a later date, if interested. This contract is an accommodating option for those who already hold long-term care insurance.
All members pay a monthly service fee, which ranges in cost depending on the size of the home, covering all maintenance, housekeeping services, and lifestyle amenities. Individuals seeking services in the Health Center pay the fee-for-service rate.
What does equity ownership mean?
Unlike many Lifecare communities that offer an “entrance fee” model, Peconic Landing members purchase shares in a cooperative-type structure. This provides members with the benefits of homeownership with the potential for appreciation upon resale.
How do members gain appreciation?
Unlike the real estate market, the value of a residence at Peconic Landing is decided upon by the state Attorney General’s Office and the Department of Financial Services. These offices approve increases to the share cost of the accommodations over time. As the share prices increase, members have the opportunity to benefit from that increase at the point of resale, with proceeds going to the member’s estate. Since inception, Peconic Landing has paid out over $13 million in appreciation.
I’m interested! How do I become a member at Peconic Landing?
Interested applicants are eligible for membership at age 62. Applicants are required to complete a medical evaluation for a Lifecare contract, as well as meet financial requirements to be approved for membership.
If you are interested in becoming a member at Peconic Landing, please contact our team of dedicated retirement counselors at 631-593-8242 or email email@example.com. We’d love to get to know you and discover if our community is right for you.
What does it cost to live at Peconic Landing?
For membership, interested applicants purchase shares in the cooperative specific to their accommodation, allowing for equity homeownership and the potential for appreciation upon resale. Members also make a one-time payment upon signing their Lifecare contract, securing their access to long-term care for life.
Following these upfront costs, members pay a monthly service fee depending on the size of the home. The monthly service fee covers the cost of real estate taxes, homeowner’s insurance, utilities, interior and exterior maintenance, dining, housekeeping, and transportation, among other lifestyle amenities. Under the Lifecare contract, it also covers the cost of long-term care the member may be receiving at any level. For pricing on specific floor plans, speak with a retirement counselor by calling 631-593-8242 or emailing firstname.lastname@example.org.
What services are included in members’ monthly service fees?
- Apartment / Cottage Residency
- Assisted Living Services
- Skilled Nursing Care Services
- Choice of dining options
- All utilities (except telephone) & basic television service
- Property taxes & Homeowner’s insurance
- Residence interior & exterior maintenance
- Common Area maintenance
- Weekly flat linen laundry service
- Weekly housekeeping service
- Annual heavy cleaning
- Scheduled transportation
- 24 Hour Security & Emergency Response System
- Fitness Instruction & Classes
- Wellness & Health programs
- Use of indoor heated swimming pool
- Use of state-of-the-art Fitness Center
- Cultural Arts Events
- State-of-the-art classrooms & learning center
- Lectures & Classes
- Underground Parking space for apartment residents who own an automobile
- Storage areas for apartments
- Attached garages for cottages
- Access to the following services, the cost of which is the responsibility of the Resident:
- Physician Services
- Prescription Drugs
- Rehabilitation Services
*Please note, some services may be amended on a temporary basis due to declared state of emergencies and state and/or federal guidance.
What amenities does Peconic Landing offer?
Peconic Landing offers a number of amenities*, including but not limited to:
- Half-mile of private Long Island Sound beach
- Auditorium theatre with state-of-the-art sound and HD projection system, offering live screenings of the Metropolitan Opera, National Theatre, and more.
- Brecknock Hall event venue
- State-of-the-art fitness center and aerobics room with personal training available
- Heated indoor pool
- Formal dining rooms
- Bistro-style casual café
- Award-winning sculpture garden
- Two tennis courts
- Smart classroom and computer center
- Library with print center
- Art studio and gallery areas
- The Market convenience shop
- Bridgehampton National Bank
- Mail room
- Club room
- Card room
- Nature trails
*Please note, some amenities may be closed on a temporary basis due to declared state of emergencies and state and/or federal guidance.
I heard Peconic Landing is a certified Center for Successful Aging. What does that mean?
A Center for Successful Aging empowers members of a community to maximize their potential in all aspects of their lives. CSAs have fulfilled all of the criteria set by a team of wellness experts, including a demonstration of lifestyle outcomes, trained leadership, active coaching, data-driven decision-making, and multidimensional programming that supports all levels of living. As a CSA, Peconic Landing provides resources for people of all ages to keep growing.
Our successful living lifestyle focuses on four key pillars: intellectual, social, physical and spiritual. It is our mission to change the perception and experience of aging and to encourage our members to make healthy lifestyle choices. We believe that all of these components interlock to give our members the tools they need for a fulfilled life.
Is Peconic Landing offering tours?
Yes! While walk-ins are not accepted at this time, our team of dedicated retirement counselors are ready to hop on a phone or video call with you to discuss your current lifestyle and your goals for the future. In an effort to prevent the spread of COVID-19, we are now offering virtual tours for all available units. If you’d like to visit campus, you may make an appointment to tour the campus grounds, as well as designated cottages or apartments that may be right for you. At this time, no visitors are allowed in the community center or health center, and strict safety protocols must be followed for all visits. To speak with one of our retirement counselors, please call 631-592-8242 or email email@example.com.
Is Peconic Landing accepting move-ins?
Yes! With new safety protocols in place, we are excited to welcome members into their new homes during this unique time.
What preventative measures does Peconic Landing have in place?
Our COVID-19 prevention plan is based on the latest directives from the CDC, local and state public health officials, and our own medical team. As our entire membership is amongst the most vulnerable population, we will continue to diligently review and adjust our safety protocols as needed. As always, Peconic Landing’s first priority is the health and safety of our members.
Some of the many procedures and protocols we have in place include:
- Daily temperature and symptom screening of all team members and visitors
- Weekly COVID-19 testing of all Health Center team members
- Increased PPE across the community and in all Health Center neighborhoods
- Requirement for new members to either (a) provide a negative COVID-19 test result prior to move-in or (b) abstain from community activities for two weeks after move-in
- Enhanced cleaning protocols throughout the community
- Adjusted housekeeping protocols in the cottages and apartments
- Enhanced team member training and education regarding best practices for health and safety
- Weekly management meetings to actively assess the COVID-19 threat, create solutions, and continually adjust protocols accordingly
- Engagement with leading medical experts for additional guidance
- Enhanced monitoring of local and national COVID-19 statistics
- Increased communications from management to team members regarding community updates and the latest CDC guidelines.
- Increased communications between departments regarding new and adjusted safety protocols
- Enhanced security at both entrances to campus
- Suspension of indoor group activities, as well as off-campus group activities, for members and team members alike
- Creation of new outdoor dining, fitness, visitation, and security spaces
What precautions are you taking to decrease the chances of the virus entering the Peconic Landing community by way of team members and visitors?
All visitors, including family members and outside vendors, are screened upon entry to campus. This includes a temperature check, as well as a screening for symptoms and out-of-state travel. Once on campus, strict protocols apply, which include but are not limited to: six-foot social distancing at all times, mandatory wearing of masks and gloves, and designated spaces for supervised visitation. If an outside vendor needs access to an indoor space, members in the area are notified in advance as to reduce any potential interaction.
All team members are also screened upon arrival to work. This similarly includes a temperature check, screening for symptoms and out-of-state travel, and in the case of our Health Center team members, also includes a COVID-19 test once per week.
In addition, we have suspended off-campus member events and are strongly encouraging our members to refrain from leaving campus unless medically necessary. We are advising all members and team members to limit social interactions and to maintain the practice of wearing a mask and social distancing even when off-campus.
Can we visit our loved ones?
Our visitation protocols have recently changed. For Harbor North and Harbor South, you may find our current protocols here. For The Shores and The Bluffs, you can find our current protocols here.
What services are you currently offering your members during the COVID-19 pandemic?
During this unique time, we know that the emotional and social well-being of our members is critical alongside their physical health and wellness. With that being said, we have implemented and are currently offering services including but not limited to:
- Home delivery of meals by our dining services team
- Personal shopping and delivery of groceries and other essentials
- Transportation to and from essential medical appointments
- Social wellness calls made by our dedicated team members
- Instruction and encouragement of video tools like Zoom and Facetime to help combat social isolation and maintain family member interaction
- Live educational and social events under the tent, including:
- Art and language classes
- Ice cream socials
- Hobby groups (stitching, ukulele, etc.)
- Flower arranging workshops
- Live outdoor music in motion through the neighborhoods
- Live outdoor fitness classes including tai chi, yoga, meditation and more
- Enhanced programming on our internal PLTV channel, including:
- Virtual fitness classes and tutorials
- Mental health programming
- HD streaming of the Metropolitan Opera
- Broadcasts of Lifetime Learning and One Day University classes taught by our own members, as well as local and national experts
- Feature films, documentaries, Broadway performances, live Bingo, singalongs, and more
- Virtual mindfulness group meeting three times a week, also available by phone or Zoom
When will Peconic Landing re-open the indoor dining facilities, the gym, pool, and other communal spaces?
We are following all directives from the CDC, local and state public health officials, and our own medical team. As soon as we are able to safely open these facilities, we will do so. Our pool is currently open on a limited basis and by reservation only.
What happens when there is a positive case of COVID-19 at Peconic Landing?
If a member were to test positive for COVID-19, we would act in compliance with the CDC and NYS Department of Health, following their guidance to minimize exposure to other members and team members. This would include stricter access to the member’s accommodation and enhanced personal protection protocols.
A team member that tests positive for COVID-19 will be placed on the required 14 day quarantine. Each team member must be symptom free for three days and test negative before returning to work.
Has Peconic Landing been surveyed by any outside sources to determine if additional COVID safety procedures are needed?
The dedication of our Health Center team has been demonstrated by the outcomes of the three infection control surveys (two in skilled nursing and one in assisted living) performed by the NYS Department of Health and the Centers for Medicare and Medicaid Services (CMS). Both organizations found that we are in compliance with all safety and mitigation protocols. We will continue to utilize these protocols and follow all guidelines provided by the NYS Department of Health and the CDC.