Real Estate & Land Use Blog

Flood Insurance Rate Maps

By Nicole B. Dory

Despite the issuance of preliminary Flood Insurance Rate Maps (FIRMs) a few years ago, the Federal Emergency Management Agency (FEMA) has not yet issued effective FIRMs for parts of New Jersey and New York. Although this has left developers in a bit of flux, a recent appeal in New York City may be pushing FEMA to revise its maps once again.