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 info@peconiclanding.org.