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Old Posted May 27, 2014, 10:32 PM
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chris08876 chris08876 is offline
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Join Date: Jul 2013
Location: Riverview Estates Fairway (PA)
Posts: 35,165
Fire Island dune replenishment


Quote:
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.

The project, to be undertaken by the Army Corps of Engineers, would move or demolish 41 houses and build up dunes along 700 properties, the New York Times reported. Residents are voicing concerns over the project’s impact on home valuations and the pace of progress.

Some homeowners facing a loss of property are concerned that Suffolk County will offer them buyouts based on post-storm values as part of a $46 million plan put forward to purchase homes, said the Times. The homeowners want to be paid in accordance with pre-storm prices. Residents of Davis Park, where homes are valued at more than $450,000, are some of the most affected.
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http://therealdeal.com/blog/2014/05/...residents-ire/
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