That seems to be the question. Every media outlet is talking about how Mayor Nolan wants to raise Highlands with back fill.
Personally I agree with the one contractor on Shrewsbury Ave, who house burned down. It’s a pipe dream. Not that its not logistically possible, its just not fiscally possible.
Side Question, if they do bring in 6 ft of fill dirt, do I still need to raise my house?
Add in the fact that Gov Christie yesterday said “If a property in an A Zone, which is described as a high-hazard zone, is 4 feet below the flood maps, the owner can expect to pay up to $31,000 in insurance a year” and the misconception that by adopting the advisory maps, New Jersey has also made it easier for property owners to receive Increase Cost of Compliance, or ICC, funding. The illusive $30,000 to raise a home. The money my insurance policy won’t release until AFTER I raise my house.
So.. I pay $60k to raise my house (all in, not just for the raise, I know just the lift isn’t that much, but I’m tired of being told its ONLY $12k (ish) to lift your home. But then you add the structural engineer, the architect, the mason, the framer, the GC….) OR pay $30k a year in increased Flood premiums for NOT raising my house. ~ sounds like extortion to me.
OR option 3 walk away. I’m getting the sinking feeling this is really what the desired outcome actually is. Nobody is going to tell you they are going to take your home, they’re just going to make it impossible to stay there.
If this is truly what is wanted, do what Cuomo is doing on the South Shore, make people offers to *NOT* rebuild. At least that way I’m not foreclosed on and I’ll have a little money to go else where.