Governor Andrew Cuomo wants to use $400 million in federal funding to buy beachfront homes as he seeks to reshape the New York coastline so the state is better prepared for storms like Hurricane Sandy.
The cash would come from the $51 billion Congress approved last month to help the region recover from the Oct. 29 storm.
The governor would use the money to pay owners the pre-storm value of their homes. More than 300,000 houses in New York were damaged by Sandy.
Once sold, the houses would be razed and the land would remain vacant.