Buyouts

Staten Island Resurfacing

Staten Island Residents Scoff At Resurfacing Projects In Areas Set To Be Vacated

Questions were erupting Wednesday evening about government waste on Staten Island, as neighbors were outraged about plans to repave several roadways.

04/16/2014

Gov. Chris Christie at a town hall in Sayreville, N.J., April 3, 2014. (credit: Peter Haskell/WCBS 880)

Gov. Christie Announces Buyout Successes At Sayreville Town Hall

Christie said the state has made offers to purchase 265 homes in Sayreville and neighboring South River from willing sellers. So far, 175 have accepted.

04/03/2014

Water workers survey a damaged residence on November 6, 2012 in Sea Bright, New Jersey. (Photo by John Moore/Getty Images)

Superstorm Sandy-Related Home Buyouts Continue In N.J.

So far, the state has funding for 424 buyouts statewide. The Department of Environmental Protection said 169 property owners have accepted buyout offers in South River and Sayreville.

03/05/2014

Gov. Andrew Cuomo announces buyout plan for Ocean Breeze homeowners, Nov. 18, 2013. (credit: Alex Silverman/WCBS 880)

Cuomo Announces Buyouts For Sandy-Decimated Staten Island Homeowners

Two neighborhood residents drowned when Sandy struck. Rushing floodwaters knocked down 20 houses. Most of the rest were badly damaged.

11/18/2013

The spot where Pedro Correa's house once stood in Oakwood Beach, Staten Island. It was washed away in Sandy and he's taking a state buyout. (credit: Peter Haskell/WCBS 880)

Oakwood Beach, S.I. Residents Set To Return Neighborhood To Mother Nature

Hit hard by Superstorm Sandy a year ago, the Oakwood Beach neighborhood of Staten Island has become the first officially to give up on rebuilding.

10/28/2013

Sign on a home in Sayreville, N.J. - May 16, 2013 (credit: Peter Haskell / WCBS 880)

New Jersey Homeowners Wonder If Sandy Buyouts Will Be Enough

Hundreds of New Jersey residents eligible for a buyout but unconvinced the offer will be high enough for them to move

09/15/2013

Gov. Chris Christie announces buyout offers in South River, July 16, 2013. (credit: Monica Miller/WCBS 880)

More N.J. Homeowners In Flood-Prone South River Offered Buyouts

The buyout offers homeowners the pre-storm market value for their home, through a $300 million program introduced by Gov. Christie in May.

07/16/2013

Sen. Robert Menendez with Sandy victims in Sayreville, N.J. - June 28, 2013 (credit: Monica Miller / WCBS 880)

Sayreville Sandy Victims Say Goodbye As They Take Buyouts

Sen. Robert Menendez says almost 130 homeowners are being offered pre-Sandy value for their properties.

06/28/2013

Sign on a home in Sayreville, N.J. - May 16, 2013 (credit: Peter Haskell / WCBS 880)

Sayreville Residents Eager, But Nervous About Buyouts

On Thursday, Gov. Chris Christie announced a plan to buy out homes in flood-prone areas of Sayreville and South River so no houses are built there in the future, and some residents are eager.

05/17/2013

A truck drives down a flooded street after water levels lowered October 30, 2012 in Little Ferry, New Jersey. (credit: BRENDAN SMIALOWSKI/AFP/Getty Images)

Christie Announces Buyout Plan For Homeowners Susceptible To Flooding

The governor announced the “willing seller” buyout plan Thursday, just before appearing in Sayreville, where about 270 homes were destroyed or severely damaged by a tidal surge during Sandy.

05/16/2013

The street in front of a home on Wynsum Lane is littered with contents of a flooded home in the aftermath of Superstorm Sandy on November 9, 2012 in Merrick, New York. (Photo by Bruce Bennett/Getty Images)

Federal Government: Buying Out Flooded Homes Is A Complex Process

The federal government is providing guidance for towns and states considering flood-related home buyouts, but it is not as simple as just writing a check.

03/16/2013

Governor Chris Christie, Housing and Urban Development Secretary Shaun Donovan and Mayor Dina Long walk down Ocean Avenue in Sea Bright, N.J. Feb. 7, 2013. (Governor's Office/Tim Larsen)

HUD Secretary Discusses Ways To Cut Sandy Red Tape, Meets With Gov. Christie

As the federal government releases its first batches of aid for recovery from superstorm Sandy, Shaun Donovan, the Secretary of Housing and Urban Development, has been visiting some of the areas hardest hit.

02/07/2013

New York Times Headquarters Building (credit: Ramin Talaie/Getty Images)

Report: New York Times Offers Buyouts In Newsroom; Layoffs Could Follow

The New York Times has offered buyout packages to 30 newsroom staffers, and a report Monday said layoffs could follow.

12/03/2012