Sunday, February 17, 2013
They want out
From the Daily News:
On the far end of Staten Island, on a vulnerable patch of marshland, a collection of modest bungalows was hit so hard by Hurricane Sandy that the entire neighborhood is getting ready to pack up and leave.
Eighty percent of the 183 homeowners in a six-block section of Oakwood Beach have banded together to ask Gov. Cuomo to buy them out — all of them at once.
The state will use federal funds and offer 100% of the home’s prestorm value, plus a 5% bonus for acting as a group — a sweetener meant to encourage conversion of larger swaths of land.
It’s modeled on a similar federal program that has slightly stricter requirements. A Cuomo aide said the state and city are asking the feds to approve $200 million for buyouts for all five boroughs.
In fact, the neighborhood has suffered a Job-like history, walloped by a 1992 nor’easter, incinerated by a 2008 fire in the marsh, then drowned by Hurricane Irene in 2011.