Tagged : Hurricane Sandy

Found 4 blog entries tagged as "Hurricane Sandy".

 

Staten Island was once a very different place than it is today. So many of the things we take for granted about our way of life were not always this way. In this live video segment, we tackle the Top Ten events that changed Staten Island forever.

Correspondent Hannah Jay and Broker/Co-Owner Anthony Licciardello run the gamut through more than three centuries taking us into the modern day. Who were the first European settlers on Staten Island? How much did Staten Island cost to purchase from the Lenape tribe? And, how did people get to the island before the first bridge was built in 1928? What was the main event that changed the infrastructure, demographics, and culture of Staten Island in such a short time?

But many of these events are

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March has been a crazy month for weather! As we wait on the precipice of yet another snowstorm this evening, we reflect on the worst storms Staten Island has seen in a lifetime. Correspondent Hannah Jay interviews broker and co-owner Anthony Licciardello as they count down the 7 Most Severe Staten Island Storms.

Some of these storms are record holders; others can't be quantified in their toll on our lives. All have one thing in common- their destructive impact that lasted long past the storm itself.

Staten Islanders will find a few of these in our recent memory, while others provide a history lesson for younger residents. As each winter goes by, it makes for uncertain times during blizzard and Hurricane seasons. Many of you will remember the unease

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Assistance with federally backed home mortgages announced.

home_in_eltingville_400If you have fallen victim to Hurricane Sandy and have a mortgage loan that is backed by Fannie Mae, Freddie Mac, or the Department of Housing and Urban Development (HUD) there may be help for you.These three programs have put together some ways of helping you with your mortgage while you repair or replace your home, due to the damage from Hurricane Sandy.

For those of you who have a Freddie Mac backed mortgage, here are some options they are putting out for you, but it is case-by-case. Freddie Mac is waiving late fees and penalties and will either bring down the amount of your payment or let you not pay it for up to 12 months. They will put off the foreclosure of your home or the eviction

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If your property received an extensive amount of damage due to Hurricane Sandy, you may qualify for the Casualty Tax Deduction. I know, it sounds great, right?  Well, as with most good things, there's a catch. There's a lot of work that goes into the process and there are limitations.


damaged_roof_Hurricane Sandy Staten IslandAccording to the Internal Revenue Service, "a casualty is the damage, destruction, or loss of property resulting from an identifiable event that is sudden, unexpected, or unusual." Included among these events are earthquakes, floods, mine cave-ins, sonic booms, storms, and vandalism.

There are two types of casualties: those which occurred in a federally declared disaster area and those which did not. The State of New York was declared by the president as a disaster area.

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