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  • Sandy buyout offer: 169 on Staten Island say ye$!

    02/26/2013 2:22:18 PM PST · by Revel · 16 replies
    NY Post ^ | 2/26/13 | KATE KOWSH in New York and BETH DEFALCO in Albany
    Gov. Cuomo said yesterday that 169 of 192 residents of Staten Island’s storm devastated Oakwood Beach have taken him up on his offer to buy out their Sandy-ravaged homes. The people who live in the battered neighborhood have been enticed by a deal that will pay them 100 percent of their damaged home’s prestorm market value — plus 5 percent if the homeowners stay on Staten Island, Cuomo said. The feds will pick up 75 percent of the tab. “Let’s build back smarter than before, and let’s do it right,” Cuomo said during a visit Monday to the College of...