Glen Cove has earned a spot on Money’s list of the 50 best places to live in the United States, appearing as New York’s only representative in the personal finance website’s annual ranking.

Glen Cove was ranked 37th on the list, with good marks in the categories of health and safety, quality of life, and amenities. The website creates its list by gathering around 350 data points in nine categories, which also include cost of living and economic opportunity.

“Glen Cove has just about everything you’d want in a base: beaches, parks, and a walkable downtown with tons of restaurants and shops,” Money wrote in his description of the town.

Money said it put more emphasis on diversity this year after looking at “the best places to live for whom?” He found that entries on previous years’ lists were “often quaint, approachable — and unintentionally but overwhelmingly white,” according to his methodology for this year’s list. The company publishes the list online; Money magazine released its last print issue in 2019.

What there is to know

  • Glen Cove ranked 37th on the personal finance website, Money’s latest list of the 50 best places to live in the United States
  • Local officials said the recognition could help attract more investment to Glen Cove.
  • The city was the only community in New York recognized this year. Plainview made the cut last year but did not appear this time.

Money began by looking at areas with a population of at least 20,000, where the population was at least 85% as racially diverse as its state, and where the median income was at least 85% of the state’s median income. State. This gave 1,370 locations to consider.

It previously considered racial diversity, but added new metrics to consider other diversities of ancestry, home languages ​​and religious diversity in its ranking. He also gave preference to places that were less than 80% white.

Glen Cove scored about average in the diversity category, said Kaitlin Mulhere, Money’s editor who helped create the list. It had the lowest score on cost of living, but benefited from recent changes to the website’s methodology to better balance cost of living measures with economic opportunity. In the past, the list had been skewed toward lower-cost areas of the United States, she said.

“We wanted to build a more diverse roster in every sense of the word,” Mulhere said. “Some people want to live in a bigger city, and we didn’t want to have a list that lacks major metropolitan areas.”

Glen Cove Mayor Pamela Panzenbeck, a fourth-generation resident of the town, said the honor gives her bragging rights on Long Island and will help spread the word about all she has to offer.

“We’re so happy because this article just highlights something we’ve always known — what a great community we live in,” Panzenbeck said.

Atlanta snagged the top spot for a combination of its strong job growth, arts and culture scene, nightlife and diverse population, according to Money. Tempe, Ariz.; Kirkland, Wash.; Raleigh, North Carolina; and Chicago’s Rogers Park section rounded out the top five.

The other Tri-State locations named on the list were all in New Jersey: Jersey City (#10), Fort Lee (#14), and Morristown (#30).

Plainview did not appear this year after earning a spot on the list in 2021. Mulhere said while there is no rule against communities appearing year after year, Money tries to feature different cities .

The money also highlighted the 10 miles of shoreline, marina, yacht clubs at Glen Cove and the 62-acre Garvies Point Preserve. He credited RXR’s $1 billion waterfront development at Garvies Point on the site of a former brownfield as bringing additional housing to the area. When completed, it will add approximately 1,100 condos and rental units.

So far, RXR has completed its Harbor Landing apartments, renting 98% of the 385 luxury rentals. The developer has sold about three-quarters of the 166 condos at The Beacon, where units are on the market for $923,000 to $2.2 million. Georgica Green Ventures also launched an apartment project last year that will bring 55 units deemed affordable for local labor, with an average rent of around $1,600. These apartments are expected to open next year.

The Garvies Point development includes a 1.1 mile plaza with a walking/cycling path.
Credit: RXR Realty/Kate Glicksberg

In 2020, RXR opened a 146-unit luxury rental project, Village Square, in downtown Glen Cove, within walking distance of its Garvies Point locations.

Joseph Graziose, executive vice president of residential development and construction at RXR, said he was “ecstatic” – not just as a developer, but as a resident of Glen Cove for 60 years – to learn that Glen Cove had been selected by Money.

“Not only does it bring investors, property buyers and people who would like to live, work and play to the area, but I also think it brings recognition to a community that, like all communities, has had its ups and downs. down its history, and that it’s on the rise,” Graziose said.

Mulhere said Money had received the occasional note from a reader over the years who said she moved to cities after reading about them in Best Places to Live, but she thinks there’s broader utility.

“Even if they don’t end up moving anywhere on that list,” Mulhere said. “I think it can be really helpful to think about what makes a good community and what they would want to look for in their own best place to live.”