Tuesday, October 21, 2014

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State May Buy Out More SI Homes Damaged By Sandy

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TWC News: State May Buy Out More SI Homes Damaged By Sandy
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More Staten Island residents who had their homes destroyed by Hurricane Sandy could get buyouts from the state.

The Staten Island Advance reports that more than 130 homeowners from the borough's South Beach neighborhood applied for a buyout from Albany.

Under a program initiated by Governor Cuomo, homeowners who had their properties wiped out or heavily damaged by Sandy can receive the pre-storm value of their homes.

The state will then use the property to maintain the island's shoreline.

State officials have already started buying out properties in nearby Oakwood Beach and Ocean Breeze.

The Advance also reports that homeowners in Great Kills and Eltingville will meet about applying for buyouts under the program next month.

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