News & Analysis as of

Climate Change Flooding

Holland & Knight LLP

New Jersey Expands Real Property Owners' Flood Notification Obligations

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New Jersey Gov. Phil Murphy signed into law the Flood Risk Notification Law (P.L. 2023, c.93) on July 3, 2023, amending the Truth-in-Renting Act (P.L. 2001, c.313) and supplementing the Consumer Fraud Act (P.L. 1960, c.39),...more

BCLP

Climate Change Due Diligence for Real Estate Acquisitions

BCLP on

By 2050 rising sea levels will exacerbate episodic storm surges and inundate an estimated 87,000 square kilometers (21.5 million acres) of coastal areas worldwide, exposing $1.7 trillion of real estate to catastrophic damage....more

Lowenstein Sandler LLP

New Jersey Flood Risk Disclosure

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In response to growing flood risks due to the effects of climate change, the New Jersey Flood Risk Notification Law was enacted on July 3, 2023, requiring landlords and sellers of both commercial and residential real property...more

Mintz

This morning we have another climate emergency wake up call. We can't afford to hit the snooze button again.

Mintz on

This morning, everyone who lives or works near the Barrett Pond Park Dam in Leominster, Massachusetts has been told evacuate immediately. Yesterday a foot of rain fell on the area and the future of the dam is, at best,...more

(ACOEL) | American College of Environmental...

The Conundrum of Managed Retreat

In the climate change resilience space, there is much talk of Managed Retreat – the concept that some areas will be so inundated with recurrent flooding from sea level rise, increasingly severe storm events, and outdated...more

Nossaman LLP

Podcast: Planning and Funding Climate Resilient California Coastal Infrastructure

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According to California’s projections, the miles of highways susceptible to coastal flooding in a 100-year storm event will triple from current levels to 370 miles by 2100, with over 3,750 miles exposed to temporary flooding....more

Mitchell, Williams, Selig, Gates & Woodyard,...

Flood History/Flood Risk: Southern Environmental Law Center Petition to North Carolina Real Estate Commission Addressing...

The Southern Environmental Law Center (“SELC”) submitted a Petition to the North Carolina Real Estate Commission asking that the North Carolina Residential Property and Owners’ Association Disclosure Statement (“Disclosure...more

Pullman & Comley - For What It May Be Worth

Climate Change and Property Values

The September 12, 2022 issue of the Virginia Mercury reports that "as sea level rise shifts tidal lines along the nation's coast, local governments face potentially steep drops in tax revenue as a sizeable amount of...more

K&L Gates LLP

HUB Talks: Sustainable Outlook: Managing Climate Risk Through Intelligent Engineering Controls and Infrastructure with Erin...

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Urban flooding is one of the most economically damaging impacts of climate change on metropolitan areas, and is only increasing in degree and frequency. On this episode of Sustainable Outlook, host Molly Barker is joined by...more

Locke Lord LLP

What the 6th International Climate Report Says to Insurers

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The Intergovernmental Panel on Climate Change (IPCC) has been publishing assessment reports describing expected climate change impacts and risks since 1990 and has warned of the growing risks from climate change in each...more

Allen Matkins

California Environmental Law & Policy Update - December 2021

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State Water Project will deliver no water to most communities next year - The Mercury News – December 1 - In a stark indicator of California’s worsening drought, Governor Gavin Newsom’s administration announced this...more

(ACOEL) | American College of Environmental...

Progressive New Jersey: The Garden State continues its environmental leadership by enacting forward-looking programs

New Jersey has been a leader in addressing the most significant environmental problems of the day. Decades ago, for example, four years before the enactment of CERCLA, the state’s Spill Compensation and Control Act prohibited...more

Cozen O'Connor

Broad Street Brief: City Council Returns This Fall Virtually, Ida’s Floods Weren’t Outliers: City Faces Increasing Flood Risk

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Although City Council was planning on returning to in-person meetings later in September, Council President Clarke announced that City Council will continue to meet virtually due to the spread of the Delta variant. Its first...more

Gould + Ratner LLP

Owners and Developers Beware: FEMA Flood Insurance Program Is Changing Along With the Climate

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One of the issues contributing to an increasingly volatile construction space for owners and developers is the cost and availability of insurance during and after construction of a project. As a result of accelerated climate...more

Williams Mullen

Revised Tidal Wetlands Guidelines for Virginia: A New Mandate for Living Shoreline Use and Sea Level Rise Adaptation

Williams Mullen on

Can you still build a bulkhead along the shoreline in coastal Virginia to protect your property? Well, it depends, but now the answer is more likely to be “no.”...more

Cozen O'Connor

Climate Change – Real Estate Impact

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Perception becomes reality. Whether alarmist or denier, believer or skeptic, those responsible for making decisions in response to the perceived threat of climate change have taken the side of caution over indecision and...more

Gray Reed

Climate Change 101 for Landmen and Lawyers: Uninhabitable Earth or False Alarm? (Part 2)

Gray Reed on

EXTREME WEATHER OR EXTREME EXAGGERATION? About half of Wallace-Wells’s book, Uninhabitable Earth, is devoted to what he describes as the “Elements of Chaos” that will result from man-made climate change unless fossil fuels...more

Allen Matkins

Sustainable Development and Land Use Update - December 2020

Allen Matkins on

Lawmakers weigh moratorium extension as eviction cliff looms - Palo Alto Online – December 8 - With California's eviction moratorium set to expire in less than 60 days and 2 million people at risk of losing their rental...more

Allen Matkins

Sustainable Development and Land Use Update - August 2020 #3

Allen Matkins on

Sea level rise could bring flooding to inland California - Bullet Los Angeles Times – August 17 - Sea level rise is more complicated than just waves breaking over seawalls and beaches disappearing. As the ocean moves...more

BCLP

Addressing Climate Change in Due Diligence for Real Estate Transactions

BCLP on

Climate change is expected to have a significant impact on existing real estate. According to a government assessment, by 2050 up to $106 billion of United States real estate will be below sea level....more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - April 2020 #5

Industry Expert Insights - We reached out to one of our Lex Mundi partners and a well-known expert in the Netherlands in the energy and legal industries to get his thoughts on the current energy climate. Marc van...more

Bilzin Sumberg

How Florida Zoning Regulations Can Encourage Development and Climate Change Resiliency

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Land Use and Zoning Attorneys, Jennifer Fine and Carly Grimm, discuss resiliency and how zoning can be a cost-effective tool for confronting climate change....more

Zelle  LLP

Climate Exodus: Movement of the People

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In 1955, the island community of Isle de Jean Charles, some 80 miles south of New Orleans, covered 22,000 acres. Since then, rising water levels and subsiding land have shrunk the island every year. Inch by inch and acre by...more

MoFo Impact

Impact Links: CDP Report on climate risk; GIIN Annual Survey; Ralph Lauren Sustainability Strategy; Biz Schools Takes on Impact...

MoFo Impact on

..A new report by UK nonprofit CDP reveals 215 of the world’s biggest companies face almost $1 trillion in climate change risks, with many likely to hit within the next five years...more

Zelle  LLP

[Webinar] Managing Insurance Claims in the Wake of Catastrophes - July 22nd-26th, 10:00am CT, 16:00 GMT

Zelle LLP on

Zelle LLP invites you to join us for a week of webinars featuring insurance topics that are of critical importance to adjusters and insurance professionals. This series will cover managing insurance claims in the wake of...more

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