With horrific scenes of Hurricane Helene-induced flooding in the Southeast still dominating the news cycle, the Federal Reserve Bank of New York has released a harrowing statistic: nearly 1 million houses and multifamily buildings in the tristate New York, New Jersey and Connecticut area — one in 10 properties — are at high risk of flooding. These properties rank among the top 25% of riskiest properties nationally, the same flood risk category as some homes in coastal Florida, Texas, and Louisiana. Read the article…………………………….
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