Quoted in the Staten Island Advance: The Real Value of ‘Buy and Die Neighborhoods’

by Triolo Realty Group Inc.

Quoted in the Staten Island Advance: The Real Value of ‘Buy and Die Neighborhoods’

I’m excited to share that I was quoted in the Staten Island Advance back in August 2022, discussing a unique phenomenon in Staten Island real estate—what I call “buy and die neighborhoods.” These are special pockets of our borough, like Grasmere, Bulls Head, and parts of Tottenville, where families settle into spacious homes and often never leave. Generations grow up under the same roof, and the sense of community runs deep.

In the article, I explained how this long-term ownership shapes the local market. When a home is held for decades—sometimes by the same family for 80 years or more—you’ll notice dramatic price increases when it finally comes up for sale. Why? Because so much time has passed between sales, the property’s value naturally appreciates, and families often make meaningful structural improvements over the years. It’s a real-life example of how time can be the ultimate upgrade in real estate.

If you’ve ever wondered why some Staten Island homes seem to skyrocket in value, it’s often because of this rare, cherished stability. These neighborhoods aren’t just places to live—they’re places where memories are made and roots are planted for generations.

Curious about buying or selling in one of these coveted areas? Or have questions about your own home’s value? I’m always here to help—just reach out!

Read the full Staten Island Advance article here: Why has Staten Island seen such a dramatic escalation in home prices?

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Annmarie Triolo

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