Property

Northeast
Property

NY - Brooklyn Residents Fear Flood Insurance Changes Will Force Them From Their Homes

In the face of climate change, federal flood insurance is more important than ever. But some experts and homeowners fear changes to the program that are underway could actually push people out of their communities.

West Coast
Property

CA - California Coastal Commission Says City Not Using Latest Available Science on Sea Level Rise

The City of Malibu predicts sea level to rise 18 inches by 2100, coastal’s estimate is nearly 50 inches higher.

Coastwide
Property

USA - Think Tank Urges Flood Insurance Program to Stop Enabling Building in High Risk Areas

The threat of sea-level rise should force policymakers to rethink policies that encourage development in flood-prone regions. One place to start is with the National Flood Insurance Program (NFIP), according to the Washington, D.C. free market think tank R Street.

International
Property

Climate finance: failing to serve the most vulnerable?

Climate finance often fails to reach people most at risk in developing nations – local governments and affected communities need more influence on spending

Southeast
Property

FL - After flood, weather woes, Jacksonville plans to add chief resilience officer

Money to fill the job is expected in the city’s 2021 budget, although details of the post’s duties and power aren’t settled. The post has become more common in state and local government in recent years.

Northeast
Property

ME - Maine to award grants to coastal communities with innovative project plans

Communities in Maine's coastal zones can now apply for Maine Coastal Program's (MCP) competitive Coastal Community Grant to receive up to $100,000 to fund an innovative project.

Southeast
Property

5 Cities, Including Miami and Rio, Will Be Most Affected By Climate Change

Scientists have long predicted in the past that climate change produce adverse effects such as the loss of sea ice, accelerated sea level rise and longer, more intense heat waves.

Gulf of Mexico
Property

FL - 500 days: Mexico Beach, county growing back and not backing up’

Saturday marked the 500th-day anniversary of Hurricane Michael. After millions of cubic yards of debris have been pushed away, the crests of progress can be seen as the wave of development becomes more visible for the Mexico Beach shoreline.

Pacific Northwest
Property

WA - Washaway Beach: How a community stood together and refused to be swept out to sea

People from all over Washington, and other states, came to our beach to stare in wonder at homes falling into the ocean. Now people come here from all over the world for a different reason.

West Coast
Property

CA - Newport Beach wrong to tighten rental rules

Like many Orange County cities, Newport Beach likes to tout its business-friendly atmosphere. When push comes to shove, however, officials there behave in ways similar to California’s most regulation-loving communities. The best example involves short-term rentals, where people rent homes to vacationers using Airbnb or other platforms.

International
Property

UK - Insured losses due to Storm Ciara set to reach €1.9bn

In the UK, 675,000 homes lost electricity because of the windstorm, as well as a further 10,000 homes in Ireland.

International
Property

UK- Bomb Cyclone Storm Dennis, One of the Most Intense North Atlantic Storms on Record, Triggers Massive Flooding in UK

Storm Dennis is hammering Ireland and the U.K. with heavy rain and high winds. Parts of Wales were inundated by severe flooding. Almost 600 flood alerts and warnings were issued in the U.K., Sunday morning. Dennis is a bomb cyclone and rivals the most intense North Atlantic storms in terms of lowest sea-level pressure. It was preceded by another intense bomb cyclone which battered Iceland with high winds last Friday.

International
Property

Australia’s Central Bank Chief Warns of Economic, Financial Effects of Climate Change

Australia’s central bank chief Philip Lowe warned of wide-ranging economic and financial impacts from climate change, after his drought-stricken nation suffered some of its worst wildfires ever.

International
Property

World's first floating city could soon become a reality, Abu Dhabi forum hears

Water-based communities will help tackle the effects of climate change and offer a solution to overcrowding in coastal cities

Pacific Northwest
Property

OR - Coastal risks and land use policy create economic tradeoffs for armoring the Oregon Coast

An Oregon land use policy creates a large economic value for some private homeowners who are allowed to protect their shoreline against erosion, according to a new Oregon State University study.

Gulf of Mexico
Property

LA - Our opinion: More ominous news for coastal communities like ours

Residents of Terrebonne and Lafourche are used to getting bad news about the area and state’s vanishing coastline.

International
Property

Isreal - Appeals committee rules against holiday village on Sea of Galilee beach

Decision follows earlier one to prohibit building on Palmachim Beach between Ashdod and Bat Yam as authorities look to preserve open coastal areas

Southeast
Property

FL - Madeira Beach wants permission to inspect his waterfront home. He’s suing

MADEIRA BEACH — If a hurricane hit Tampa Bay, the water would not need to go far to reach Clifford Smith’s house. His property on a barrier island, with views of the Intracoastal, is unsurprisingly in a flood zone.

Gulf of Mexico
Property

FL - Proposed Florida law a ‘nuclear bomb’ to local control of zoning, attorney says

The Bert Harris Act was enacted in 1995 to protect property rights. Pinellas beach officials hope to defeat proposed changes that could result in multi-million dollar costs to cities if they opt to change existing zoning.

International
Property

UK - ‘King tides’ documented globally show risks of climate change

DEPOE BAY, Ore. (AP) — Tourists, nature lovers and amateur scientists are whipping out their cameras to document the effects of extreme high tides on shorelines from the United States to New Zealand, and by doing so are helping better predict what rising sea levels will mean for coastal communities around the world.

Coastwide
Property

Comment: Will 2020 be the year of blue finance?

James Richens, Editor of The World Ocean Initiative, takes stock of Responsible Investor’s survey of investment risks and opportunities in the blue economy.

Gulf of Mexico
Property

LA - A conundrum: Who owns Louisiana land after it washes away?

Louisiana's continual land loss has created a monumental legal headache: When privately owned land vanishes under the water, who does it belong to?

Great Lakes
Property

MI - Lakeshore communities say erosion is an emergency. Why isn’t the state acting?

MUSKEGON, MI – Two months after a cadre of lawmakers asked for an emergency declaration due to shoreline erosion, Gov. Gretchen Whitmer’s office has declined to take action.

Coastwide
Property

As Climate Risks Worsen, U.S. Flood Buyouts Fail to Meet the Need

The U.S. approach to buying out properties vulnerable to flooding is rife with uncertainty and delays. Now, as climate change drives more extreme coastal storms and precipitation events, the system must undergo a drastic overhaul or risk stranding millions in flood-prone homes.

Northeast
Property

MA - Massachusetts coastal property owners beware Climate change efforts may diminish value of waterfront land

HOW FAR CAN GOVERNMENT go in regulating private property when protecting us from common threats? Since a seminal 1922 US Supreme Court opinion, Pennsylvania Coal Company v. Mahon, a debate has raged about when government regulation crosses a line too far into private property rights, and thereby constitutes a taking of that property requiring just compensation under the Fifth Amendment to the US Constitution.

Hawaii & Alaska
Property

HI - Vacation rental denials appealed

Appeals are pouring in from vacation rental owners who were denied permits, with the county Board of Appeals agenda including 25 contested cases for its Feb. 14 meeting in Kona.

Great Lakes
Property

WI - “Never seen waves so big:” Racine leaders brainstorm solutions for $ 6.4 million in shoreline damage

RACINE – Racine officials said the winter storm of January 10-12 caused an estimated $ 6.4 million in damage to the coastline, and FOX6 caught up with Racine Mayor and DPW Commissioner Saturday February 1 – brainstorming about possible solutions.

Southeast
Property

SC - As South Carolina island homes fall into ocean, owners behind them wonder if they’re next

HARBOR ISLAND — This small slip of land on the eastern tip of Beaufort County is the legacy of an opportunistic time when a wave of businessmen descended on the South Carolina coast keen-eyed for fragments of paradise to package and sell off to the tennis-and-golf set.

Southeast
Property

SC - Editorial: Don’t weaken South Carolina’s beachfront laws

A number of “reforms” have chipped away at South Carolina’s forward-thinking 1988 Beachfront Management Act over the past three decades. It began after Hurricane Hugo’s wrath spurred a massive wave of rebuilding — and demands to loosen the law. And in 2018, the Legislature struck at the ideological core of the act by replacing in the legal text the word “retreat” with “preservation.”

Southeast
Property

How Major Hurricanes, Such as Harvey, Impact Real Estate Markets

According to several recent studies the impact of hurricanes on real estate markets, especially those of Category 3 and above, last longer than previously believed. This is based on data from the National Hurricane Center, the National Council of Real Estate Investment Fiduciaries (NCREIF), as well as academic research from Dr. Li Beracha, Ph.D. and Dr. Robert S. Prati, Ph.D.

Southeast
Property

FL - With new City resiliency committee, Carlucci aims to mitigate flooding

It’s no secret Jacksonville is a city that is dangerously flood prone. In many areas of the historic districts, summer showers cause nuisance flooding. Even a weak hurricane can cause potentially catastrophic damage.

West Coast
Property

CA - Crystal Cove could get $2 million boost from state to help restore historic cottages

Walk along the shoreline in Crystal Cove and you’ll be sent on a seaside journey back in time. That’s the goal of those working behind the scenes to return the coveted cottages to the condition they were in during their heyday.

Coastwide
Property

States and Feds Bracing for More Disasters Related to Climate Change

Even states whose leaders don't publicly acknowledge the existence of climate change, such as Texas and South Carolina, have applied for federal dollars citing "changing coastal conditions" or "unpredictability," According to the New York Times.

Southeast
Property

FL - Miami Beach Residents Angered as Flood-Prone Roads Get Raised

City-hired consultants told residents that under their new calculations, emergency roads would have to be elevated higher than the city previously called for, but residential roads could stay lower than originally planned.

International
Property

UK - Our house fell off a cliff but the insurer won’t pay

Two booksellers from Norfolk are embroiled in a dispute with their home insurer because the company refused to pay out after the cliff underneath their house collapsed. Malcolm Debbage, 61, and Frances Bolton, 58, have been made homeless after their coastal property in Hemsby, Norfolk, was rendered dangerous in 2018 following a series of severe storms, including the Beast from the East.

Southeast
Property

FL - Florida Climate Outlook: Assessing Physical and Economic Impacts through 2040

How will Florida be impacted by climate change—not in 100 years, but in 20? The questions are addressed in the Florida Climate Outlook: a comprehensive, visual report on the near-term physical and economic impacts of climate change and climate policy in Florida.

Gulf of Mexico
Property

MS - In Mississippi, climate change is already driving costly coastal flooding

Ankle-deep in the overflow of the river that drew her here two decades ago, Calinda Crowe looked across her land, envisioning the future. She didn’t like what she saw. “You wake up to this,” she said, gesturing toward the water submerging everything but the concrete foundation of her raised home. “It upsets you, you know, because it’s supposed to be ‘dream home’ type stuff. Not with this.” A turtle floated to the surface near the bulkhead dividing her yard from the bayou.

West Coast
Property

CA - Port of LA breaks ground on waterfront town square and promenade in San Pedro

After years of planning, two components of San Pedro’s long-awaited new waterfront were feted Monday, Jan. 26, as port and city officials joined with developers to break ground on a town square and the next portion of the promenade.

International
Property

Australia - When the sea claims your house, who do you sue? It's legal quicksand

Australian beaches have been disappearing faster and with more permanence, no question; the causes are not so simple and neither are the legal consequences.

West Coast
Property

CA - Will billions from bonds help cope with climate change?

Given California’s international leadership in addressing climate change, it isn’t surprising that voters will be asked this November to approve billions of dollars in bonds to help the state become more resilient.

Gulf of Mexico
Property

TX - Deepwater Horizon settlement money to be used for new coastal land purchase

Using money from a settlement tied to a decade-old oil rig disaster, the Texas Parks and Wildlife Commission has approved purchasing 1,100 acres on Matagorda Peninsula as part of a wider nature preservation effort along the Gulf of Mexico.

Gulf of Mexico
Property

LA - Louisiana lawmakers try to balance property rights with public land use

Louisiana officials are looking for ways to promote recreational access to waterways while protecting the rights of property owners and minimizing the costs to state taxpayers of any changes.

Mid-Atlantic
Property

NC - NC to Move Forward with Recovery Program

The North Carolina Office of Recovery and Resiliency can now move forward with developing a draft action plan for more than $542 million in Community Development Block Grant — Disaster Recovery funding for Hurricane Florence.

West Coast
Property

CA - Lesson from Tunisia: Curb coastal erosion — stop building along Southern California beaches (Opinion)

After I returned from a long and demanding scientific expedition in the coastal areas of North Africa, my colleague took me for a walk on Corona del Mar State Beach. A few steps in, he started recalling 15-year-old memories of the beach and how it has changed since. The beach seemed to be disappearing because of sea level rise, he said.

International
Property

India - Critically Vulnerable Coastal Area tag for Odisha's Bhitarkanika park

Bhitarkanika National Park has been declared Odisha’s first Critically Vulnerable Coastal Area (CVCA) by the Union Environment, Forest and Climate Change Ministry.

Southeast
Property

FL - Florida to purchase 20,000 acres of Everglades wetlands to protect from oil drilling

Florida has reached a deal with a real estate company to acquire 20,000 acres of the Everglades that is slated for oil production in order to protect the wetlands, Florida’s governor announced Wednesday.

International
Property

Cyprus - When reason and building permission don’t mix

From time to time it comes to our attention either through our own experience or through information from our readers, various situations that can only be described as “odd”.

International
Property

HOW AUGMENTED REALITY CAN HELP CREATE SUSTAINABLE, ENVIRONMENTALLY FRIENDLY SMART CITIES

New Delhi: Given the heat of climate change and the government’s plans to create sustainable cities that offer citizens a decent quality of life, the use of intelligent technological tools to address environmental threats is critical.

Mid-Atlantic
Property

NC - Grant Funds Available for Home Elevation

ATLANTIC BEACH, NC (WNCT) – A project is concerned with rainwater pollution and flooding in a coastal city.Homeowners in Hyde County can apply for Federal Emergency Management Agency funding to elevate their homes.

Southeast
Property

FL - Opinion: Living with climate change in North Central Florida

When coastal communities start losing their battles with sea level rise, king tides and storm surges, one of the first signs of retreat will be the relocation of their water supplies even further inland to escape saltwater intrusion. An emerging motivation for Florida cities and counties is fear of losing their municipal bond credit ratings and tax bases.

International
Property

For the Economy, Climate Risks Are No Longer Theoretical

Climate crises, like financial crises, will be damaging, unpredictable and almost impossible to avoid

West Coast
Property

CA - Pacific Legal Foundation: Hollister Ranch Owners' Association v. Xavier Becerra

Ranch owners fight legislation that gives the government unfettered access to private, sensitive coastal land and potentially punishes owners for defending their way of life

Southeast
Property

As seas rise, your coastal home in Florida could lose value. One report says 15% by 2030

Increasing sea rise is going to water down the value of some of the most coveted and expensive real estate in Florida, and insurance rates will go up too.

Gulf of Mexico
Property

FL - Holmes Beach continues trudge down treehouse path

One treehouse built in Holmes Beach in 2011 without a permit has led to four pending lawsuits spanning seven years.

Coastwide
Property

Nonprofit Opening Flood Risk Model to Researchers and Public

A nonprofit flood risk research organization is offering the first publicly available flood risk model that predicts the probability of flooding for homes and properties across the United States.

Southeast
Property

FL - Holmes Beach continues trudge down treehouse path

One treehouse built in Holmes Beach in 2011 without a permit has led to four pending lawsuits spanning seven years.