07-07-2025
- General
- Wall Street Journal
She Paid $1 Million to Join a Senior Facility. Its Bankruptcy Wiped Her Out.
Arlene Kohen was 89 years old and recently widowed when she moved to the Harborside continuing-care retirement community in Port Washington, N.Y., in January 2020. The facility on Long Island offered independent living units, along with skilled nursing, memory care and assisted living.
Getting in wasn't cheap.