The number of properties in the United States in danger of flooding this year is 70% higher than government data estimates, research released on Monday shows, with at-risk hot spots in Houston, New York, Los Angeles and Chicago.
FILE PHOTO: A New York Police officer stands in the flooded West Side Highway and talks to a man whose car was flooded after heavy rain in the Manhattan borough of New York, U.S., May 5, 2017. REUTERS/Carlo Allegri
The data, which covers the contiguous United States, found that around 14.6 million properties, or 10.3%, are at a substantial risk of flooding this year versus the 8.7 million mapped by the Federal Emergency Management Agency .FEMA maps are currently used to determine rates on government flood insurance and underpin risk assessments done by mortgage lenders, investors and home buyers.
Washington, D.C., has the greatest deviation from FEMA’s numbers, 438.4% more properties at risk, because First Street accounts for potential flooding from the Potomac and Anacostia rivers and a drainage basin under the city. Utah, Wyoming, Montana and Idaho have the next highest deviations, all between three to four times greater than FEMA estimates.
Nearly 20% of all U.S. commercial real estate value is located in Houston, Miami and New York, according to CoStar data, each of which has been hit by hurricanes in the last decade.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
New York to investigate potential coronavirus cluster from graduation after Florida traveler tests positiveFour people who were in contact with the student have since tested positive for the coronavirus since the drive-in ceremony was held on June 20.
Lire la suite »
New York real estate market sees steep rise in listings after state's reopeningAfter a difficult few months, New York City’s real estate market is bouncing back. This week, after the city entered phase 2 of its reopening, contract activity rose.
Lire la suite »
Milton Glaser, graphic designer who put the ❤ in New York, dies at 91He became one of the best known designers of his generation with the New York logo and his posters for Bob Dylan and “Angels in America.”
Lire la suite »
New York City Celebrates 50 Years Of Pride ParadesThe first Pride march took place in New York City 50 years ago, on the first anniversary of the Stonewall Uprising. Martin Boyce was there. He recalls watching people join in as the march went on: 'All of a sudden, I realized I was no longer alone.'
Lire la suite »
New York Airport Restaurants and Stores Are Cleared for Price IncreasesThe Port Authority’s board of commissioners voted unanimously to allow restaurants and retail stores to increase prices as much as 10% at the region’s three major airports.
Lire la suite »