Superstorm Sandy News

Huge Post-Sandy Tax Increases Fail to Materialize

With all the fears that Superstorm Sandy created, here’s one that never materialized: huge tax increases to make up for property destroyed along the coastlines of New Jersey, New York and Connecticut. Waves of federal aid, some strategic borrowing, lowered …

Sandy-Damaged Homes in New Jersey Starting to Be Leveled

Along the New Jersey shore this year, the sounds of summer include earth-moving equipment still cleaning up the devastation wrought last year by Superstorm Sandy. Officials say knocking down the homes that are too damaged to repair is a key …

New Jersey Residents to Hear Soon About Sandy Grant Awards

New Jersey residents will begin hearing this week whether they’re getting money to rebuild badly damaged homes or stay in their communities after Superstorm Sandy. State Community Affairs Commissioner Richard Constable tells The Associated Press that 3,500 households will be …

New Jersey Court Rules Against Homeowners in Dune Dispute

A New Jersey town can present evidence of the benefits of building dunes as storm barriers when homeowners with beachfront properties seek compensation for losing their ocean views, the state’s highest court ruled. The Borough of Harvey Cedars on Long …

2 New York Utilities Sued for 120 Sandy-Burned Homes

About 120 home owners from the tight-knit enclave of Breezy Point in Queens, New York, that was devastated by fires during Superstorm Sandy are suing two utility companies for negligence. A lawsuit filed on July 2 in state Supreme Court …

FEMA Boosts Aid to New Jersey Towns Hit by Sandy

The Federal Emergency Management Agency has OK’d a plan to boost aid to New Jersey towns hit hard by Superstorm Sandy. U.S. Rep. Chris Smith, who represents Monmouth and Ocean Counties, says FEMA will reimburse communities at a rate of …

Sandy-Ravaged Rockaway Peninsula in New York Receives Recovery Grant

A community organization in Sandy-ravaged Rockaway, Queens, has received a grant of more than $721,000 from the American Red Cross. The Friends of Rockaway will use the money to hire local plumbers, electricians and carpenters to rebuild 90 homes over …

Insurers Abandon Long Island After Superstorm, N.Y. Senator Schumer Says

Allstate Corp. is among insurers retreating from the Long Island, New York, homeowners market after superstorm Sandy and should be compelled to offer coverage there, New York Senator Charles Schumer said. Liberty Mutual Holding Co. and Bloomington, Illinois-based State Farm …

New Jersey Still Looking for Takers for $10K Sandy Grants

Here’s a problem you don’t hear about that often with a state grant program: New Jersey is giving away $10,000 to 18,000 people, and there are not enough takers. The grant money comes from the Homeowner Resettlement Program, part of …

$40M Program to Aid New Jersey Tenants Affected by Sandy

New Jersey has launched a $40 million grant program to encourage landlords to rent vacant properties to low- and moderate-income tenants affected by Superstorm Sandy. The Landlord Incentive program covers about 30 percent of monthly rents for qualifying tenants. The …