Would You Buy On the Waterfront

November 04, 2012 New York Times  Michelle Higgins

http://www.nytimes.com/2012/11/04/realestate/after-hurricane-sandy-would-you-buy-on-the-waterfront.html?pagewanted=all

IF tropical storm Irene last year was an eye-opener, Hurricane Sandy was a reality check. Waterfront property in the New York area is some of the most coveted in the nation, but after back-to-back years of supposedly once-in-a-generation storms, public officials, developers, brokers and homeowners are being forced to re-evaluate.

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