Over $129 billion worth of New York City property at risk from flooding

The New York City Comptroller’s office marked the two-year anniversary of Hurricane Sandy with a dire report on the expected costs of the next big storm. Based on updated flood insurance maps from FEMA, the report finds that over $129 billion worth of property sits within the city’s 100-year floodplain – an increase of more than 120% from earlier maps. […]
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Over $129 billion worth of New York City property at risk from flooding

The New York City Comptroller’s office marked the two-year anniversary of Hurricane Sandy with a dire report on the expected costs of the next big storm. Based on updated flood insurance maps from FEMA, the report finds that over $129 billion worth of property sits within the city’s 100-year floodplain – an increase of more than 120% from earlier maps. […]
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