Peconic Landing

What Peconic Landing does

Peconic Landing at Southold Inc. is a not-for-profit 501(c)(3) Life Plan Community (continuing care retirement community, or CCRC) operating on a 144-acre waterfront campus in Greenport, New York, on the North Fork of Long Island. Founded in 2002 and structured as a member-owned cooperative, it is the first and only equity-based Life Plan Community in New York State. The community serves active adults aged 62 and over, including couples and individuals seeking a continuum of care that spans independent living, assisted living, skilled nursing, and memory care, supported by on-site wellness programming, a SMART Gym, a sculpture garden, and partnerships with cultural institutions such as East End Arts, the Metropolitan Opera, and the Parrish Art Museum. With 320+ employees, Peconic Landing is the second-largest employer in Southold Town.

The business model combines three revenue streams. Residents purchase an equity membership share to secure their residence (apartments from $295K, cottages from $542K) and pay recurring monthly service fees (apartments from $5,750/month, cottages from $9,175/month). Healthcare services generate additional fee-for-service revenue for non-Lifecare members. The cooperative ownership structure aligns member and operator incentives for long-term stewardship of the community.

Strategically, the organization has invested in physical and programmatic differentiation, including a LEED Platinum-certified expansion (2016), the Water's Edge Bar & Restaurant (spring 2023), two new pickleball courts (2024), and a healthcare partnership with Stony Brook Eastern Long Island Hospital for the Center for Well-Being. Peconic Landing holds a BBB- Fitch investment grade rating, placing it among only 161 LPCs with such a rating, and has been recognized among the top five LPCs in North America by the International Council on Active Aging.

Name

Peconic Landing

Legal name

Peconic Landing at Southold Inc.

Website

https://peconiclanding.org

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

51–100 employees

Short description

Peconic Landing is a not-for-profit 501(c)(3) member-owned Life Plan Community on a 144-acre waterfront campus in Greenport, NY, serving 62+ active adults with independent living, assisted living, skilled nursing, and memory care through equity share purchases and monthly service fees.

Ownership category

akta.pro rank

Product category

Continuing Care Retirement Community (Life Plan Community) / Senior Living

NAICS

Continuing Care Retirement Communities (623311), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (6233), Assisted Living Facilities for the Elderly (623312), Nursing and Residential Care Facilities (623)

SIC

Services-Nursing & Personal Care Facilities (8050), Services-Home Health Care Services (8082), Services-Skilled Nursing Care Facilities (8051)

akta.pro primary industry

Life Plan / Entrance-Fee CCRCs (HLADAEAA)

akta.pro secondary industries

Continuing Care Retirement Communities (CCRC) with Memory Care (HLADACAD), General Assisted Living Facilities (HLADABAA), Large Campus / Multi-Building Assisted Living Communities (HLADABAG)

Keywords

• Senior living community
• Continuing care retirement
• Lifecare services
• Independent living residences
• Memory support care

Headquarters

HQ city

Greenport

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Equity Membership (Share Purchase): Members purchase shares in a housing cooperative, providing equity ownership with potential for appreciation upon resale. Apartments start at $295,000, cottages at $542,000.
2. Monthly Service Fees: Recurring monthly fees covering maintenance, housekeeping, dining options, wellness programs, transportation, security, and community amenities. Apartments from $5,750/month for single occupancy, cottages from $9,175/month for single occupancy.
3. Healthcare Services Fees: Fee-for-service revenue from health center services including assisted living, memory support, skilled nursing, and short-term rehabilitation. Lifecare members access these services at no additional cost beyond monthly fees; Fee-for-Service members pay per use.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels9 records

Core offering

Peconic Landing operates an equity-based Life Plan Community (Continuing Care Retirement Community) on a 144-acre waterfront campus on Long Island's North Fork. Members purchase cooperative shares in a cottage home or apartment home, pay monthly service fees, and receive access to a full continuum of care including independent living, assisted living, memory support, skilled nursing, short-term rehabilitation, home health, and respite care, along with lifestyle amenities such as dining venues, fitness programs, and arts and culture programming.

Product overview

Peconic Landing is a Life Plan Community (Continuing Care Retirement Community) on Long Island's North Fork offering a comprehensive continuum of care and lifestyle services. The community provides Independent Living through cottage homes and apartment homes, with two membership contract options: Lifecare (Type A) for guaranteed access to future care without fee increases, and Fee-For-Service (Type C) for pay-as-you-go healthcare access. Healthcare services include Assisted Living, Memory Support (Harbor South), Skilled Nursing, Short-Term Rehabilitation (The Bluffs), Home Health Services, and Respite Care. Lifestyle offerings encompass multiple dining venues (Waterview Dining Rooms, Water's Edge Bar & Restaurant, The Bistro), Fitness & Wellness Programs with over 50 weekly classes, Lifetime Learning academic programming, Arts & Culture programming including Metropolitan Opera screenings and an outdoor sculpture garden, all set on a 144-acre waterfront campus with amenities including tennis courts, indoor pool, half-mile private beach, and six miles of walking trails.

Differentiator

Problem solved

Functional benefit

Brands

• Harbor South: Memory support neighborhood, New York's only memory care neighborhood to be named a Dementia Care Specialists Distinguished Provider by the Crisis Prevention Institute.
• The Bluffs
• Brecknock Hall
• The Waters Edge

Products and services

• Independent Living - Cottage Homes Single-family cottage homes with two-car garages, outdoor patios, sunrooms, and fireplaces, offering a true neighborhood feel within the equity-based Life Plan Community. Cottages start at $542,000 for cooperative share purchase, with monthly service fees from $9,175 for single occupancy.
• Independent Living - Apartment Homes Well-appointed apartments attached to the Community Center, with fully equipped kitchens, walk-in closets, separate storage units, and underground parking garage. Apartments start at $295,000 for cooperative share purchase, with monthly service fees from $5,750 for single occupancy.
• Lifecare (Type A) Contract Long-term care protection contract allowing members to transfer between levels of care (assisted living, memory support, skilled nursing, rehabilitation) without an increase in monthly fees, providing financial security similar to long-term care insurance. Couples benefit: one member can remain in residence while the other receives care.
• Fee-For-Service (Type C) Contract Contract offering hassle-free homeownership with access to health services at fee-for-service rates, allowing members to apply for Lifecare membership at a later date.
• Assisted Living Award-winning assisted living services providing support with daily activities while maintaining independence within the Life Plan Community.
• Harbor South Memory Support New York's only memory care neighborhood named a Dementia Care Specialists Distinguished Provider by the Crisis Prevention Institute, offering specialized care for residents with memory challenges.
• The Bluffs Short-Term Rehabilitation Short-term rehabilitation services named among the top 19% as one of the country's Best Nursing Homes by U.S. News & World Report (2026).
• Skilled Nursing Comprehensive skilled nursing care services providing around-the-clock medical care and support within the community.
• Center for Well-Being On-campus health center operated in partnership with Stony Brook Eastern Long Island Hospital, offering primary care, rheumatology, podiatry, urology, and additional specialties.
• Home Health Services In-home health services providing medical and support care for members who prefer to receive care in their own residence.
• Respite Care Short-term care services providing temporary support for caregivers and relief for family members caring for their loved ones.
• Waterview Dining Rooms Five waterview dining rooms offering lunch and dinner daily with brunch on Sundays, featuring creative cuisine and the option to bring wine or beverages.
• Water's Edge Bar & Restaurant Elevated pub-inspired dining venue opened in Spring 2023, offering local wine, beer, high-end spirits, and a curated menu.
• The Bistro Casual dining option within the community providing relaxed meal options for members.
• Fitness & Wellness Programs Over 50 weekly fitness classes including tai chi, yoga, Aquacize, along with state-of-the-art fitness center featuring HUR SmartBalance SMART Gym technology, personal training, and outdoor activities. Recognized as Top 5 Senior Living Community in North America for wellness (ICAA 2025) and #1 in Wellness (2024).
• Lifetime Learning University-style academic program with courses in current events, arts, languages, and more, offered each winter, spring, and fall with nearly half of membership participating.
• Arts & Culture Program Comprehensive cultural program featuring Metropolitan Opera Live in HD, National Theatre Live, Manhattan Film Institute screenings, art studio, gallery exhibitions, and partnerships with international cultural institutions.
• Outdoor Sculpture Garden Award-winning outdoor sculpture garden featuring 13 works from regional, national, and internationally recognized artists on the 144-acre campus.
• Brecknock Hall Event Venue Restored 19th-century Italianate mansion used as an event venue for large celebrations and community gatherings, also hosting the Brecknock Hall cultural events series open to the public.

Quantifiable outcome

• Named Top 5 Senior Living Community in North America for wellness by ICAA (2025)
• +4 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

13 partnerships are on record, tiered minor and core.

• Brooklyn Botanic GardenminorStrategic or Co-development PartnerProfessionals and curators assist with sensory gardens around campus including memory support neighborhood. Members enjoy regular docent-led seasonal excursions to Brooklyn.
• East End ArtscoreStrategic or Co-development PartnerMulti-award winning not-for-profit arts organization serving five East End towns. Joint gallery exhibitions, regular live music concerts, and hands-on workshops through this partnership.
• Metropolitan OperacoreStrategic or Co-development PartnerLive in HD series broadcast live at Peconic Landing's auditorium theatre, celebrating ninth season of partnership. Members experience world-class opera performances.
• National Theatre LivecoreStrategic or Co-development PartnerAcclaimed British theatre productions broadcast live to auditorium, bringing London West End quality performances to campus.
• Perlman Music ProgramcoreStrategic or Co-development PartnerWorld-class music program students perform annual concerts. Alumni and global orchestra ensembles also tour at Peconic Landing.
• Mark Morris Dance GroupminorStrategic or Co-development PartnerDance for Parkinson's Disease and Moving Through Glass therapeutic dance programs. Training dancers to conduct therapeutic lessons.
• Watermill CentercoreStrategic or Co-development PartnerRobert Wilson-founded laboratory of inspiration and performance. Artist-in-Residence programs, gallery tours, workshops and simulcast lectures through partnership.
• Manhattan Film InstitutecoreStrategic or Co-development PartnerOn-campus screenings hosted by award-winning actors, writers, and directors. MFI professors teach Fundamentals of Film course through Lifetime Learning.
• James Beard FoundationminorStrategic or Co-development PartnerCulinary programming combining language, food, and streaming technology to celebrate cuisine from Italy and France while learning new languages.
• Stony Brook Eastern Long Island HospitalcoreStrategic or Co-development PartnerOn-site Center for Well-Being operated in partnership with hospital, offering primary care, rheumatology, podiatry, urology, and more on campus.
• Island's End Golf & Country ClubcoreStrategic or Co-development PartnerAdjacent 18-hole semi-private golf course with Peconic Landing members receiving complimentary tee times. Course borders community to the east.
• University Speakers (NYU, Cornell)minorStrategic or Co-development PartnerUniversity speakers from NYU and Cornell present thought-provoking lectures and discussions through Lifetime Learning program.
• Dime Community BankminorOthersConveniently located in the heart of Community Center for member banking needs.

Scale indicators10 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Atria Senior Living: National senior living operator emphasizing amenity-rich independent and assisted living communities. Comparable to Peconic Landing's lifestyle-focused positioning and target demographic, though Atria operates as a multi-site portfolio rather than a single CCRC campus.
• Brookdale Senior Living: Largest senior living operator in the US, with independent living, assisted living, memory care, and skilled nursing across hundreds of communities. Comparable to Peconic Landing across most service lines but at much larger scale and broader price-point spectrum.
• Sunrise Senior Living: Large national senior living operator focused on assisted living and memory care with premium positioning. Comparable to Peconic Landing's higher-end assisted living and Harbor South Memory Support offerings, though Sunrise operates as a multi-site portfolio rather than a single CCRC.
• Five Star Senior Living: Operator of independent living, assisted living, and skilled nursing communities across the US, with significant CCRC exposure via managed communities. Comparable to Peconic Landing across the continuum of care and the broader senior living operating model.

Direct peers

• Life Care Services: Largest CCRC management company in the US, operating and managing dozens of Life Plan Communities nationwide. Most directly comparable to Peconic Landing because both operate the CCRC/Life Plan model with full continuum-of-care services and similar target demographics.
• Erickson Senior Living: Operator of large-scale, amenity-rich CCRCs (e.g., continuing care retirement communities across the Mid-Atlantic). Comparable to Peconic Landing in its campus-style, full-continuum Life Plan model targeting affluent 62+ residents.
• Acts Retirement-Life Communities: Not-for-profit CCRC operator with 27+ campuses across the Mid-Atlantic and Southeast. Closely comparable to Peconic Landing as a not-for-profit Life Plan Community offering independent living through skilled nursing, with similar Lifecare contract structures.

Regional players

• Benchmark Senior Living: Northeast-based senior living operator with independent living, assisted living, and memory care communities across eight states. Comparable to Peconic Landing in its focus on lifestyle-rich senior living in the Northeast US geography and similar target demographic.
• Brandywine Living: Regional senior living operator with communities across the Northeast and Mid-Atlantic. Comparable to Peconic Landing in its premium lifestyle positioning and target demographic, though Brandywine operates multiple smaller assisted living communities rather than a single CCRC.
• The Bristal Assisted Living: Long Island-based assisted living and memory care operator with multiple communities across Nassau and Suffolk counties. Most direct geographic competitor to Peconic Landing in the Long Island senior living market, particularly for assisted living and memory care services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC_neBFTGz9-FSE4BcrqdgLQ
• Facebookfacebook.com/PeconicLanding
• Instagraminstagram.com/peconiclanding
• Xx.com/peconic_landing
• LinkedInlinkedin.com/company/peconic-landing-at-southold-inc-

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Peconic Landing