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Flatbush Scoop · Jul 27, 2026

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REPORT: New York could face more than $500 billion in climate resilience and storm prevention costs by 2050, according to new research from Rebuild by Design. The nonprofit warns that without major investments in infrastructure to protect communities from the growing impacts of climate change, New Yorkers could ultimately face higher taxes, rising insurance premiums, and increased home repair costs.

REPORT: New York could face more than $500 billion in climate resilience and storm prevention costs by 2050, according to new research from Rebuild by Design. The nonprofit warns that without major investments in infrastructure to protect communities from the growing impacts of climate change, New Yorkers could ultimately face higher taxes, rising insurance premiums, and increased home repair costs.

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