Superstorm Sandy should put the city on full alert, executives at the Rebuilding NY conference hosted by Crain’s New York Business agreed.
New York City’s business and government leaders may have been surprised by the sheer size of Hurricane Sandy and the wall of water that flooded major parts of the city. But that storm’s successor won’t find a city so unprepared, executives said Thursday at the Rebuilding NY conference hosted by Crain’s New York Business.
Some proposals offered at the event were far more aggressive than government initiatives currently underway. Gov. Andrew Cuomo has already rolled out the first phase of his $400 million voluntary buyout program in badly damaged neighborhoods of Staten Island, but a prominent geologist from that borough said the city and state need to go further.
Above excerpt by Annie Karni for www.crainsnewyork.com
April 4, 2013 3:55 p.m.