Oakwood Beach is the first New York City community to be totally bought out under a state program that will turn wrecked neighborhoods into perpetual green space.
The state of New York plans to spend up to $400 million buying out and knocking down homes in Sandy-affected communities in the city and on Long Island. In New Jersey, the state will spend about $300 million to buy about 1,000 damaged homes.
Getting a buyout is the equivalent of winning the lottery for homeowners who lost everything during the storm.
Most of the clamor for buyouts is coming from Staten Island, where 23 people drowned. Many died trapped inside their own homes.
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