The initiative, unveiled by Mayor Zohran Mamdani, seeks to address rising insurance expenses that have affected building operations across the city.
Tag: New York
As the Seas Have Been Rising, Tri-State Home Values Have Been Sinking
Scientists from the non-profit First Street Foundation analyzed recent housing market trends in New York, New Jersey, and Connecticut and found $6.7 billion has been lost in home value from 2005 to 2017 due to sea level rise flooding. This builds on their previous research that found $7.4 billion in home value had been… Continue reading As the Seas Have Been Rising, Tri-State Home Values Have Been Sinking
