Real Estate

NYC's Rent Surge Drives 86-Year-Old to Move in With a 'Boommate'

Surging costs for housing and other expenses are prompting baby boomers to take on roommates. 

Alan Ferber, left, moved in with Dan Yafet as raising housing prices makes living alone unaffordable. 

Photographer: Natalie Keyssar/Bloomberg
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When Dan Yafet’s son moved out of their apartment in Brooklyn’s Fort Greene neighborhood, he found himself with too much space and not enough money — so he took on an octogenarian roommate.

Now Yafet, a 68-year-old who works for an architect’s office, shares his fourth-floor walk up with 86-year-old Alan Ferber, splitting the $2,000 monthly rent for the two-bedroom apartment.