Case Study

Land

Commercial Development Firm Wins Big in NY

Brooklyn, NY

Image of Land property for Commercial Development Firm Wins Big in NY

$10K Saved & Headaches Avoided

Solution Value: $10K premium savings & endless permitting headaches avoided (Priceless!)

Solution Type: LOMA

An entire undeveloped lot was being pulled into the SFHA, creating permitting nightmare for the owners. NFE's engineering analysis pulled the ENTIRE lot out of the SFHA both NOW and when the pending preliminary map goes into force.

The special flood hazard area (SFHA) impacted the NW corner of a vacant lot in Brooklyn, NY, and preliminary maps also pulled MORE of the lot into the SFHA. NFE's engineering analysis pulled the ENTIRE lot out of the SFHA both NOW and when the pending preliminary map goes into force.

With removal from the high-hazard flood zone, bank-mandated flood insurance is no longer required (a savings of $10,000+), plus the construction budget and building capabilities are also improved. The solution also helped facilitate a more straightforward building permit process - a tremendous win, especially in NY.

View Other Case Studies

Image of Multifamily property for Houston Multifamily Property Saves Over $31K in Premiums

$500,000 in Added Property Value

Houston Multifamily Property Saves Over $31K in Premiums - Houston, TX

Learn how NFE's Flood Expert Survey helped a multifamily property in Houston, FL achieve LOMA compliance, remove additional buildings from the flood zone, save over $31k in flood insurance premiums, and increase property value by $500k.

Image of Land property for Utah Property Successfully Reclassified to X Zone

5 Bldgs. Reclassified from SFHA

Utah Property Successfully Reclassified to X Zone - Hurricane, UT

Explore how a Hurricane, UT, property (Duplex, 3 Sheds, 1 Storage structure, and the land!) were reclassified to an X-zone, removing lender mandates for flood insurance and increasing property value significantly.

Image of Multifamily property for Multifamily Property in Hampton, VA  Improves NOI by $11K+

$185,000 in Added Property Value

Multifamily Property in Hampton, VA Improves NOI by $11K+ - Hampton, VA

Get cost-cutting strategies for your flood zone properties. Read how National Flood Experts helped a client save over $11K annually in flood insurance premiums and added $185K in property value following their complimentary engineering review and Flood Expert Survey.