TODAY'S PAPER
52° Good Evening
52° Good Evening
ClassifiedsReal Estate

Report: Hurricane Irene risk high for LI properties

This NOAA satellite image taken Wednesday, August 24,

This NOAA satellite image taken Wednesday, August 24, 2011 at 10:45 AM EDT shows Hurricane Irene spinning over the Bahamas at category 3 strength. Irene is bringing heavy showers, thunderstorms, and strong winds to most of the Greater Antilles. The rotation of this system is also pushing moisture towards the Lesser Antilles kicking up scattered showers. Hurricane Irene will continue to move north to northwesterly closer to the East Coast. In Central America, warm, moist air is pulling onshore kicking up widespread areas of heavy showers and thunderstorms. (AP PHOTO/WEATHER UNDERGROUND) Photo Credit: AP Photo/

Long Island has the most properties at risk out of the 12 metro areas in the projected wrath of Hurricane Irene, a report released Thursday said.

California-based CoreLogic, which collects property data, said 387,813 home and commercial properties here are at risk of flooding, accounting for 21 percent of the 1.87 million properties in major cities, from Cape Hatteras, N.C., to Boston.

Under federal law, homes and buildings in high-risk flood areas must have flood insurance. But there’s no mandate for those outside such areas.

CoreLogic said about 66 percent of the Island properties in the projected path are outside the flood zone designated by the Federal Emergency Management Agency. For New York City, it was 79 percent, the second highest, and at the top was Philadelphia, with 80 percent of properties outside FEMA flood zones.
 

Comments

We're revamping our Comments section. Learn more and share your input.

More news