The Real Deal New York

Posts Tagged ‘Hurricane Sandy’

  • NYU Langone Medical Center at 550 First Avenue

    NYU Langone Medical Center at 550 First Avenue

    The Federal Emergency Management Agency approved $1.13 billion in funds for repairs and mitigation projects for NYU Langone Medical Center.

    The federal aid will account for 90 percent of the project’s total costs, Crain’s reported. A planned budget allocates $540 million to repair NYU’s Smilow Research Center, Schwartz Care Center, the Medical Science Building, Skirball Institute, Tisch Hospital, Alumni Hall, Rusk Institute, Perelman Building, Schwartz Hall and Coles Student Laboratories. [more]

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  • New York City flood zones

    New York City flood zones

    New building requirements that protect against flooding have put landlords of public and regulated multifamily buildings in a catch-22 situation, according to a new report from the NYU Furman Center.

    New flood insurance rates imposed in the wake of Superstorm Sandy leave landlords with a tough choice: pay higher insurance premiums or embark on costly retrofits that would lower those premiums, the New York Observer reported. The dilemma affects 1,500 buildings with 90,000 units of public, subsidized or rent-stabilized housing. The report concludes that the only viable choice for many landlords is to make them market rate. [more]

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  • sandy-stringer

    Hurricane Sandy damage in New York, and Scott Stringer

    The city Department of Homeless Services paid $19.9 million in emergency contracts during Hurricane Sandy for services that were never provided, according to a report from Comptroller Scott Stringer’s office cited by the Wall Street Journal.

    The contracts were intended to give victims a temporary shelter. Instead, the agency “made the city vulnerable to waste, fraud and abuse,” Stringer wrote in the report. [more]

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  • Hurricane Sandy damage in New York (left) and New Jersey (right)

    Hurricane Sandy damage in New York (left) and New Jersey (right)

    New York City is back on track with post-Hurricane Sandy rebuilding, according to Mayor Bill de Blasio. Nearby New Jersey, however, is under fire for spending nearly $100 million in federal funds on contractors, including one that was later fired for poor performance, according to a report released Wednesday. [more]

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  • The Gowanus Canal

    The Gowanus Canal

    From the July issue: In this month’s roundup of government-related real estate news, TRD checks out the city’s search for engineers to study the feasibility of tidal barriers in the Gowanus Canal and Newtown Creek. We also have news on Hurricane Sandy victims who repaired or renovated their homes in the storm’s aftermath, who will receive nearly $4 million in tax relief thanks to a new bill signed by Gov. Andrew Cuomo. Click here to read these items and more.

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  • sandy

    Larry Cantwell and Sandy in the Hamptons

    The Hamptons and a stretch of the South Shore on Long Island lack storm protections nearly two years after Hurricane Sandy.

    The state and federal government have yet to review a $750 million Army Corps of Engineers project – known as the Fire Island to Montauk Point Reformulation Study – that would reconstruct dunes and salt marshes. The plan would also allow for houses to be bought out from Montauk to Fire Island. Work is slated to start in September. [more]

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  • sandy

    Rendering of a prototype home replacing Sandy-ravaged site

    The Department of Housing Preservation and Development applied for several zoning permits late last month in order to rebuild houses destroyed by Hurricane Sandy.

    The Board of Standards and Appeals is expected to decide whether the seven special permits are acceptable. Before that vote, the local community board will vote next week. The new storm-resistant properties would be constructed in place of homes that were built prior to the existence of building and zoning codes. [more]

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  • From left: Governor Andrew Cuomo and Hurricane Sandy damage on Long Island

    From left: Governor Andrew Cuomo and Hurricane Sandy damage on Long Island

    The slow pace of aid distribution to Hurricane Sandy victims is largely due to a bureaucratic tangle meant to weed out fraud, New York Governor Andrew Cuomo said yesterday. [more]

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  • Prototype of OEM's post-disaster housing units

    Prototype of OEM’s post-disaster housing units

    The city’s Office of Emergency Management unveiled the first products of its Urban Post-Disaster Housing Prototype Program in Brooklyn Heights today — prefabricated units meant to be shipped and assembled in a flash following a disaster like Hurricane Sandy.

    The prototype exhibited today was made out of three apartment units, one holding three bedrooms and two with one bedrooms, ranging in size from 480 square feet to 813 square feet. One is handicap-accessible. [more]

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  • Rendering of flood barriers along the Gowanus Canal

    Rendering of flood barriers along the Gowanus Canal

    The city is on the hunt for engineers to study the feasibility of constructing flood barriers along the mouth of the Gowanus Canal and along Newtown Creek. [more]

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  • From left: Design for Big U project and HUD Secretary Shaun Donovan

    From left: Design for Big U project and HUD Secretary Shaun Donovan

    The federal government will spend nearly $1 billion dollars on structures intended to protect New York and New Jersey from severe storms like Hurricane Sandy. [more]

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  • Hurricane Sandy damage

    Hurricane Sandy damage

    A bill protecting Hurricane Sandy victims from a property tax hike as they make repairs to their storm-damaged homes sailed through the state legislature in Albany.

    The bill, pushed for by Minority Leader Vincent Ignizio and more recently New York City Mayor Bill de Blasio, bars the effects of a property tax system in which home repairs are assessed at full market value and not subject to the state’s property tax cap. [more]

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  • Sandy damage on Staten Island

    Sandy damage on Staten Island

    Comptroller Scott Stringer will meet with Staten Island homeowners in Midland Beach tonight to discuss the city’s disbursement of funds for home rebuilding. The meeting is part of a broader effort by Stringer’s office to assess how federal aid money was spent under the city’s Build It Back program. The comptroller’s office is preparing to audit the program under the Sandy Oversight Program. [more]

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  • Homes in Kismet, Fire Island

    Homes in Kismet, Fire Island

    A $170 million plan to replenish Fire Island sand dunes ravaged by Hurricane Sandy is drawing criticism from both residents opposed to the effort and those who support it. [more]

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  • Hurricane Sandy damage

    Hurricane Sandy damage

    The city will receive about $994 million in the latest batch of federal Hurricane Sandy relief funding. Community groups in New York and New Jersey have said the latest disbursement of $2.5 billion for the northeast region is not enough to finish rebuilding houses and other infrastructure projects.

    In addition to New York City’s nearly $1 billion in funds, $882 million will go to New Jersey and $606 million will go to New York state. A small portion will also go toward rebuilding in Rhode Island and Connecticut. A spokesperson for Mayor Bill de Blasio told the Wall Street Journal that the $994 million will be divided up for housing — $640 million — and resiliency. [more]

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  • A rendering of Seaport City

    A rendering of Seaport City

    Former Mayor Bloomberg’s Seaport City, a plan for a multi-purpose levee that would sprout atop a landfill and protect the city from future hurricane damage, is “feasible,” a study determined. [more]

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  • 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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  • Post-Sandy damage on Staten Island

    Post-Sandy damage on Staten Island

    The federal government allotted the state of New York and New Jersey $3.6 billion in rebuilding aid following Superstorm Sandy, but $1 billion of that money may soon be headed elsewhere.

    The U.S. Department of Housing and Urban Development is mulling the redistribution of the funds to other disaster areas. Officials at the agency believe that spreading the disaster assistance among different areas is required by federal law, according to the Wall Street Journal. New York officials, however, disagree with that interpretation. [more]

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  • De Blasio reconstructs Build it Back

    April 18, 2014 08:00AM
    From left: Bill de Blasio,

    From left: Bill de Blasio, Daniel Zarilli and Scott Stringer

    Amid reports critical of New York City’s sluggish recovery from Hurricane Sandy, Mayor Bill de Blasio has shuffled resources, changed rules and appointed new leadership for the rebuilding in an effort to keep things moving. [more]

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  • stringer-sandy

    Sandy-damaged home and Scott Stringer

    City Comptroller Scott Stringer said yesterday he will conduct an audit of the Build it Back program, which was launched by Mayor Michael Bloomberg to aid homeowners in the wake of Hurricane Sandy.

    The comptroller office’s new Sandy Oversight Unit will seek testimony from homeowners in Lower Manhattan, Coney Island, Rockaway and Staten Island who claim the program has been of no service to them. About 20,000 people seeking aid remain on a waiting list, Stringer said. [more]

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