Share on Social Media

Six-hundred million dollars of federal Sandy recovery funds have been dedicated to 750 buyouts of homes on flood-prone, low lying coastal areas of Staten Island and Long Island. Rising insurance costs and future threats are driving homeowners to accept the buyout offers. Environmentalists hope that the demolitions will allow the nature to act as a natural buffer to future surges.

Some on Staten Island Opt for Buyout of ‘Houses That Don’t Belong’