
At the New York State Association for Affordable Housing’s (NYSAFAH) 14th Annual New York State Affordable Housing Conference, in the session “Hurricane Sandy: What Have We Learned,” various speakers from across the multifamily industry discussed the effect of the storm and what developers in flood zones should plan for in the future.
Now in the repairing stage, developers are looking at how the storm affected buildings, with some interesting discoveries. Arden Sokolow from the Special Initiative for Rebuilding and Resiliency noted that some of the older buildings fared worse than the newer buildings, and that taller buildings suffered systems damage as opposed to structural damage.
Read the full report on “How Hurricane Sandy Continues to Affect Multifamily” on MHNOnline