“After Hurricane Sandy, my school closed for a week, while whole school student bodies had to be relocated across the city. More recently, my school’s basement and entire first floor…
“Hurricane Sandy damaged 10 percent of the city’s housing. In a city with a vacancy rate of 4.5 percent, even a temporary loss of the housing supply isn’t just a…
New potential funding mechanisms—including a measure that New Yorkers will see on the ballot this November—may provide an opportunity for homeowners in areas of high flood risk to sell their…
In 2021 alone, New Yorkers purchased 7,645 homes with prior flood damages that totaled more than $23.5 million. The state’s current flood disclosure law contains a loophole that “stacks the…
Absent a flood history database, prospective renters and homebuyers are often on their own to determine whether a property has had water damage, especially in homes outside flood zones which…