The number of New Yorkers living in flood zones is about to almost double. Now more than ever, it makes sense to check if you live in a flood zone.
Over 400,000 New York City residents, an increase of 84% from the current 218,088, will soon be living in flood zones.
As we reported last Fall, the Federal Emergency Management Agency has updated maps that depict which parts of New York City are at risk from a 100-year-flood—meaning areas that have a one percent chance of flooding each year.
Finalized maps will be released next year.
Properties included in the expanded flood zones have jumped from 23,885 structures in 2010 to 84,596 in 2013—an increase of more than 60,000 buildings.
The number of buildings in flood zones more than doubled in all boroughs except the Bronx, but the largest spike came in Brooklyn: more than 42,000 structures are now identified as at-risk, compared to the previous 5,648.
If you own a home or residential building in a flood zone, you will be required to purchase flood insurance. Flood insurance premiums are projected to increase significantly, a problem which the City has been trying to address.
Check out our latest story, written by contributor Samar Khurshid, to learn more about rising flood insurance rates and what they mean for New York City.
Find out even more about New York City’s flood insurance issues here.
See the latest sea level rise projections for New York City here.