As required by a 2014 state statute, the New York State Department of Environmental Conservation (DEC) has issued official sea level rise projections effective February 22. They reflect a range of possible scenarios; at the high end, sea level in the New York City area could rise 75 inches (6.2 feet) by the year 2100.
Now that they are embodied in a formal regulation (6 NYCRR Pt. 490), these projections may begin to affect a broad range of decisions in building and infrastructure siting, design, construction and materials; insurance and financing; securities disclosure; and estate planning.
Please click here to continue reading
Originally published in the New York Law Journal, Volume 257, No. 45
Michael B. Gerrard is a professor and director of the Sabin Center for Climate Change Law at Columbia Law School, and senior counsel to Arnold & Porter Kaye Scholer.
Edward McTiernan is a partner at the firm and former general counsel of the New York Department of Environmental Conservation.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.