State officials are insisting that new houses be elevated. Construction professionals said that the cost of driving metal stanchions into the earth prior to construction can cost close to $60,000.
In addition, some homeowners are facing higher insurance costs.
Many Plum Island residents have federally subsidized insurance rates that are grandfathered, and they haven’t changed much in recent years. Putting up a new, elevated structure could rates could rise significantly.
One property owner said following the storms, his rate is going to rise from several thousand dollars a year to $400 to $500 dollars per month.
“A lot of people on the island are blue collar, with limited funds,” said Ron Barrett, who heads the Plum Island Taxpayers & Associates. “When you consider the note, taxes and rising insurance rates, some owners are considering their options.”
Police Chief Michael Reilly said several families have applied to rebuild houses on their oceanfront property, but no final building permits have been granted.
In a separate development, officials reported that a house on Annapolis Way has been raised on wooden blocks in preparation to moving it across the street to land the owner also owns. Such a move would result in open property on the beach.