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bluedigger

(17,086 posts)

8. Not if the money goes through FEMA.

Reply to valerief (Reply #7)

Mon Feb 4, 2013, 01:33 PM

Feb 2013

There are covenants that require it to stay in public hands I think. Finding local agencies to accept the property can be one of the obstacles to getting the deals done. And then there's demo, cultural and environmental review, and cost/benefit analysis... It's a Process.

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Highlight:

Cuomo Said to Seek $400 Million to Buy New York Beachfront Homes [View all] Redfairen Feb 2013 OP

How can they accomplish much of only 10-15% take the offer? dkf Feb 2013 #1

Great idea Botany Feb 2013 #2

+1 freshwest Feb 2013 #13

Choice should be - get bought out, or you are on your own dbackjon Feb 2013 #3

Absolutely. Bear in mind that as the Greenland ice sheet melts (when, not if) BlueStreak Feb 2013 #6

why pay them anything sweetapogee Feb 2013 #17

I agree, but if you are going to deny building permits, it is better BlueStreak Feb 2013 #18

OK sweetapogee Feb 2013 #19

The sea level rise won't happen that rapidly. BlueStreak Feb 2013 #20

It would be the smart thing to do. bluedigger Feb 2013 #4

Makes a lot more sense than paying taxpayer dollars to repair those things. BlueStreak Feb 2013 #5

And then the Repubs will sell the land to developers for the very, very rich. nt valerief Feb 2013 #7

Not if the money goes through FEMA. bluedigger Feb 2013 #8

NYC mayor bloomberg made his billions on Wall Street. Wall Street purchase foreclosed homes Fire Walk With Me Feb 2013 #10

Damn, I hope so. aquart Feb 2013 #15

cheaper way to do it quadrature Feb 2013 #9

And leave hardworking Americans with NOTHING? Homeless. aquart Feb 2013 #16

Take the money and run folks, Mother nature is about to eat your lunch! kelliekat44 Feb 2013 #11

well thats about $40,000 per house? Is that right? firehorse Feb 2013 #12

Only if it doesn't include the Hamptons. aquart Feb 2013 #14