NEW YORK CITY-As the first anniversary of Hurricane Sandy's Oct. 29th arrival approaches, the Urban Land Institute has published a new report that outlines numerous improvments that can and should be made by local and national governments, developers, building owners and other constituents in order to better defend their areas against future storms. Meant to serve as a guide both locally and to other communities, After Sandy: Advancing Strategies for Long-Term Resilience and Adaptability provides 23 recommendations focused on four areas: land use and development; infrastructure technology and capacity; finance, investment and insurance and leadership and governance.
“This was a terrible disaster and one that wasn't predicted very well,” said Patrick Phillips, CEO, ULI at the group's presentation of the report Wednesday in east Midtown. “But one thing is for sure, it'll happen again.”
The panel behind the report was co-chaired by Joseph Azrack, managing partner at Apollo Global Real Estate, John McIlwain, ULI senior resident fellow/J. Ronald Terwilliger chair for housing and David Ricci, partner, the Flynn Company.
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