Foreclosure Strategies
May 10 2018
The best way to deal with a foreclosure is to take aggressive legal action when the foreclosure laws... [Read More...]
July 15, 2014 By
Superstorm Sandy
After Superstorm Sandy there were scores of homes damaged on Fire Island. Fire Island is a barrier island which lies a few miles from the South Shore of Suffolk County. There are 15 separate communities on Fire Island. After Superstorm Sandy damaged numerous homes, it was proposed that 40 or 50 homes on Fire Island be torn down and dunes be established at those locations to protect the rest of the island. Surveys have been conducted by the Suffolk County Department of Public Works with regard to the amount of land necessary to establish these dunes to protect the island.
It was originally estimated it would cost $46 million to tear down 41 homes and create 15 foot high dunes to protect Fire Island. This estimate has turned out to be too low. It is now estimated it will cost between $60 million and $80 million to tear down the homes, obtain easements and to rebuild the dunes necessary to protect the island.
The Program is Moving Slowly
Homeowners on Fire Island are concerned because the program is now a year behind schedule. There are 41 homes which have been condemned by Suffolk County on Fire Island. These homes cannot be sold. Homeowners who were offered buyouts under this program, who feel they were not offered adequate compensation for their condemned homes, can bring legal action to try to obtain a higher price for their home.