The New York metropolitan region has more than 700,000 homes at risk of hurricane damage, with a total reconstruction cost of $260 billion, a new report shows.
The region ranks first in the nation for the total value of homes at risk of storm surge, and it ranks second for the number of at-risk homes, California-based national data provider CoreLogic reported Wednesday.
The only region with more homes vulnerable to hurricane damage is the Miami area, which has more than 780,000 at-risk homes valued at nearly $144 billion. The Tampa and New Orleans regions rank third and fourth, with more than 450,000 and 390,000 at-risk homes, respectively.
The report breaks down risk into five levels, from low to extreme.
A color-coded map on CoreLogic’s website shows much of the southern coast of Long Island bordered in red, for the highest risk. Along the Island’s northern coast, the land around waterways such as the Nissequogue River and Stony Brook Harbor also are coded red.
The new report analyzed storm risk for homes along the Atlantic and Gulf coastlines across 19 states and the District of Columbia, as well as for 88 metropolitan areas. The sources it cites include the Federal Emergency Management Agency and the National Oceanic and Atmospheric Administration.