Archive for the ‘Real Estate’ Category

Bloomberg Seeks to Redo Building Code in Sandy’s Wake

Source: The New York Times Mayor Michael R. Bloomberg on Thursday proposed major changes to New York City’s building code, saying Hurricane Sandy showed that both commercial and residential properties needed additional safeguards against severe weather. Mr. Bloomberg unveiled the work of a task force whose recommendations, once put in place, would make the city [...]

Building the indestructible metropolis

Source: CNNMoney When Hurricane Sandy slammed into New York City last October, city planners knew they weren’t just looking at a freak natural occurrence — they were looking at the future. Thanks to an unfortunate coincidence of very high tides that were nearly peaking when Sandy struck, sea levels were slightly higher than average when [...]