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URL: https://www.crainsnewyork.com/climate-change/new-york-pursues-housing-buyouts-mitigate-risk-flood-prone-areas
Submission: On June 22 via manual from US — Scanned from US

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June 22, 2023 05:45 AM 13 hours ago


FLOODS ARE BECOMING MORE INTENSE. ARE VOLUNTARY BUYOUTS THE ANSWER?

Caroline Spivack
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Buck Ennis

Staten Island resident and real estate broker Joseph Tirone in Oakwood Beach in
2013.

In the aftermath of Superstorm Sandy in 2012, Joseph Tirone attended a community
meeting in the Oakwood Beach neighborhood where he owned a rental property that
had been decimated by floodwaters.


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