Gov. Cuomo proposes buying land devastated by Sandy

The plan would target low-lying areas that would

The plan would target low-lying areas that would be kept vacant. (January 29, 2013 5:55 PM)

In his budget speech last week, Gov. Andrew Cuomo proposed using federal Sandy aid to snap up certain properties that were devastated by the superstorm. Cuomo stated that he wanted to target homes and properties that are vulnerable by storms in general. Under the proposal, the state would keep the land vacant. Some residents worry that the proposal might mean a loss in tax revenue for municipalities...

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