Manhattan Mayor, Bill de Blasio , has voiced his concerns at a press conference over the potential increase in flood insurance for Lower New York City's and others, since it poses a threat to keeping neighbourhoods affordable. But it’s a real concern for us.” This follows the release of preliminary plans, that we noted a decade , of updated flood maps by FEMA ( FEMA ), which has placed 200,000 of homes in floodplains that were not there before. Being in a flood plain requires you to get flood insurance or face harsher building regulations.
Manhattan Mayor, Bill de Blasio , has voiced his concerns at a press conference over the potential increase in flood insurance for Lower New York City's and others, since it poses a threat to keeping neighbourhoods affordable. This follows the release of preliminary plans, that we noted a decade , of updated flood maps by FEMA ( FEMA ), which has placed 200,000 of homes in floodplains that were not there before. Being in a flood plain requires you to get flood insurance or face harsher building regulations.