VIDEO | by PIX11

NY Gov. Proposes Buying Back Sandy Damaged Homes

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VIDEO DESCRIPTION:
New Dorp Beach in Staten Island remains a part of the city visibly still recovering from Superstorm Sandy – even so, some ...
residents are reacting with hesitation to Gov. Andrew Cuomo’s latest proposal to buy damaged houses at their pre-storm value. Should it receive a green light, it would allow the governor to spend up to $400 million to buy homes in areas most vulnerable to flooding. There is, however, a cap to the offer — and it is not for expensive waterfront properties.
Posted: 02/05/2013 | Views: 5,911 | Duration: 01:03
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