The Real Deal New York

Posts Tagged ‘fema’

  • New Jersey coast during Hurricane Sandy

    New Jersey coast during Hurricane Sandy

    Federal rental assistance that aided more than 1,000 New York and New Jersey families in the wake of Hurricane Sandy will run out on Thursday. [more]

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  • Flooding after Hurricane Sandy at the Brooklyn Battery Tunnel

    Flooding after Hurricane Sandy at the Brooklyn Battery Tunnel

    In addition to the $42 million in federal funds allotted to business recovery and programs to assist owners of storm-damaged homes, the U.S. government intends to give the Metropolitan Transportation Authority more than $400 million to repair and maintain tunnels damaged by Hurricane Sandy. [more]

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  • A Long Beach boiler room damaged during Hurricane Sandy

    A Long Beach boiler room damaged during Hurricane Sandy

    New York City public housing boilers damaged during Hurricane Sandy will be replaced using a $100 million cash infusion from the Federal Emergency Management Agency. [more]

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  • flood-TOP

    Legislation easing the premium costs on government-sponsored flood insurance has passed the U.S. House of Representatives, repealing a 2012 law that kicked up rates when a coastal property is sold to a new owner.

    The measure would cap premium increases at 18 percent per policy, or 15 percent of the average cost of a premium in a specific flood zone. The law also aims to correct a 2012 mandate that the Federal Emergency Management Agency reset premiums at actuarially sound rates, a move that proponents of the change said hiked up increases to a rate middle-class homeowners couldn’t afford. [more]

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  • Governor Chris Christie

    Governor Chris Christie

    Victims of Hurricane Sandy that were denied New Jersey recovery grants can’t appeal those decisions, state officials said yesterday, despite the revelation that faulty data was used to turn down some of the applications for aid.

    New Jersey used data from the Federal Emergency Management Agency to help determine which homeowners got approved for the state’s two main rebuilding grants. But FEMA said although it was made clear to state officials that damage estimates were made only for essential repairs, the state used the estimates to judge applications. [more]

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  • Peter Vallone Jr.

    Peter Vallone Jr.

    A Queens city council member is bashing the federal government for not giving Sandy relief aid to the owners of condominiums and co-ops– and is lobbying for a policy change.

    Peter Vallone Jr. will introduce a measure this week urging the Federal Emergency Management Agency to reclassify co-ops and condos as houses – not business, which is what they now are considered. The change would allow the owners to qualify for FEMA grants. [more]

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  • Sandy damage in Breezy Point

    Sandy damage in Breezy Point

    A Sandy-devastated area in Queens is beginning to see new homes being rebuilt after the storm, according to the New York Daily News. [more]

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  • Sandy damage in Breezy Point

    Sandy damage in Breezy Point

    A Sandy-devastated area in Queens remains in tatters nine months after the storm, with only one property in a 100-home fire zone being rebuilt, Crain’s reported. [more]

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  • From Left: Rep. Peter King, Rep. Steve Israel

    Rep. Peter King, Rep. Steve Israel

    Owners of co-ops and condominiums may soon see a change to a Federal Emergency Management Agency policy that they say discriminates against them, thanks to a bill to be introduced in U.S. Congress this week by a group of New York and New Jersey legislators, the New York Times reported.

    The issue has come to the fore following Hurricane Sandy, since owners of such properties are currently considered business entities and therefore ineligible for federal aid that can reach up to $30,000 for a single-family home. [more]

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  • New York City on the eve of Hurricane Sandy

    Thousands of co-op owners have been left without a crucial safety net in the wake of Hurricane Sandy, as a longstanding Federal Emergency Management Agency policy considers co-ops as businesses and leaves them ineligible for federal aid, the New York Times reported.  [more]

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  • Knickerbocker Village

    Local politicians have written to the Federal Emergency Management Agency, urging them to reverse a decision denying aid to some tenants of the Lower East Side’s Knickerbocker Village following Hurricane Sandy, the Lo Down blog reported. Assembly Speaker Sheldon Silver, City Council member Margaret Chin and State Sen. Dan Squadron wrote the letter, which addressed reimbursement for hotel expenses, property damage and medical expenses, for which tenants were supposedly eligible. [more]

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  • Andrew Cuomo

    Following the Governor Cuomo’s announcement that the city would spend $400 million to buy up homes damaged by Hurricane Sandy, storm victims are receiving some more good news. The deadline for storm victims to register for FEMA assistance has been extended to Mar. 29 from Feb. 27, 2013, Governor Cuomo announced today. Federal disaster assistance for residents of one of the 13 disaster-declared counties can include money for rental assistance, essential home repairs, personal property losses and other serious disaster-related needs not covered by insurance. The counties eligible for assistance: Bronx, Kings, Nassau, New York, Richmond, Rockland, Westchester, Suffolk, Queens, Orange, Putnam, Sullivan and Ulster. … [more]

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  • Sen. Charles Schumer

    Sen. Charles Schumer appealed to the U.S. Department of Housing and Urban Development Wednesday to ensure that Sandy-damaged co-ops and condos receive a piece of the $60 billion federal storm relief package, the New York Daily News reported.

    As it stands, co-ops and condos cannot receive FEMA grants, but are instead eligible for low-interest loans to make repairs. In a statement Wednesday, Schumer said that “condos and co-ops should be eligible for the same assistance as single-family homes, and to say one can receive aid while the other can’t makes no sense.”  [more]

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  • 927 Fifth Avenue

    Billionaire Marc Rowan flipping 927 Fifth Ave. apartment. Renters struggle to find affordable options in Sandy’s wake. Midtown East could thwart West Side development, critics say. First Sandy-ravaged building to be torn down is in the West Village. Read these stories and more after the jump.

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  • The Federal Emergency Management Agency gave New Yorkers whose homes were devastated by Hurricane Sandy a 30-day extension on applications for home repairs, the City Room blog of the New York Times reported. The Transitional Sheltering Assistance program, which has helped New Yorkers to continue living in participating hotels and motels, will also be extended a fortnight, according to a statement from the office of Gov. Andrew Cuomo. “We remain committed to assisting all victims of Hurricane Sandy, ensuring that they have the shelter they need, especially in this cold weather,” Gov. Cuomo, who requested that FEMA grant extensions, said in a statement. “The Transitional Sheltering Assistance program will continue to provide shelter to those New Yorkers who do not have homes to return and help others with critically needed funding to rebuild.” … [more]

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  • Vandervoort Avenue in East Williamsburg during Hurricane Sandy

    Federal officials have spent the last six weeks working with New York City officials to redraw maps and expand flood zones that haven’t been changed since 1983. And the boundaries have nowhere to go but farther inland. Last month, Mayor Bloomberg emphasized that two-thirds of the homes battered by Sandy were beyond evacuation zones, with neighborhoods that had never flooded before, such as Gerritsen Beach and East Williamsburg, seeing significant amounts of water. … [more]

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  • The City Council has proposed anti-flooding legislation that affects requirements for new and renovated buildings, in an effort to buttress New York’s ability to weather future “superstorms” such as Hurricane Sandy, Crain’s reported. [more]

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  • FEMA inks 200,000-square-foot Queens lease

    November 13, 2012 12:00PM

    From left: FEMA’s Craig Fugate and Forest Hills Tower (credit: PropertyShark)

    The Federal Emergency Management Agency has inked a 200,000-square-foot lease at Forest Hills Tower in Queens for its New York City headquarters, according to a release from Muss Development, the landlord of the property. The lease encompasses 10 full floors that will be used by FEMA for administrative office space.

    The lease spans the next several months, as the area recovers from the devastation left by Hurricane Sandy, and has options for short-term extensions. The financial terms of the deal were not mentioned. [more]

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  • A flooded home on Staten Island

    As power returns to sections of Lower Manhattan and subway lines reopen, there are still an estimated 40,000 New Yorkers who have been left homeless by Hurricane Sandy, according to the New York Times. And with housing inventory tight, securing temporary housing for such a large number has become a daunting task for city and federal officials.

    The estimated number of people left homeless by the storm is the worst case figure provided by the Department of Housing and Urban Development, which claimed the number may be closer to 20,000. Many of those left homeless where residents of public housing. [more]

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  • The South Ferry & Whitehall Street subway station

    As the MTA rushes to drain the corrosive salt water and repair the subway system, the resulting price tag is sure to be astronomical. According to Bloomberg Businessweek, a 2011 study predicted that the levels of flooding experienced as a result of a Hurricane Sandy-like storm would cost approximately $10 billion to undo. But where is that money coming from?

    One way the MTA will pay for repairs is through insurance. In 1997 the MTA determined that it would be cheaper to pay premiums to itself than to another company and started its own insurance firm, First Mutual Transportation Assurance. [more]

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