New York, New Jersey Rank High For Storm Surge Threat
NEW YORK (CBSNewYork) — Hundreds of thousands of Tri-State Area homes are square in the middle of a storm surge zone.
As WCBS 880’s Marla Diamond reported, more than 350,000 homes in New Jersey, and another 270,000 in New York State, are at risk of being damaged from a storm surge like what was seen during Superstorm Sandy.
New Jersey ranks fourth in the third annual Storm Surge report by CoreLogic, while New York ranks sixth, said Dr. Tom Jeffrey of CoreLogic.
“But when you look at the value of those properties, New York ranks second and New Jersey ranks third – only with Florida. Florida is the only state with more total value associated with the states in potential risk zones,” Jeffrey said.
The report was released as hurricane season approaches to help real estate professionals and insurance companies assess storm surge risk.
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