Many coop tenants whose apartments were damaged by Hurricane Sandy are wondering if they have any rights to financial compensation, in the form of an abatement of maintenance, resulting from their apartments being rendered partially or totally uninhabitable. This post does not address issues regarding property damage or relocation costs if the apartment is completely unlivable. The amount of a particular abatement will depend upon the extent of the damage to the apartment and how long the conditions exist. The cooperator must notify the coop board or agent of the damage, preferably in writing, and demand immediate repairs and provide access if requested. Conditions such as mold should be remediated according to Department of Health guidelines by a qualified expert.
Residents and business owners hit by the storm can begin applying by registering at disasterassistance.gov or by calling (800) 621-3362. FEMA will help with temporary housing and for certain damage that is not covered by homeowner's insurance.