"Mayor Bill de Blasio unveiled plans Thursday to extend lower Manhattan into the East River, pushing out the east edge of the downtown coastline as much as two city blocks in a plan that will cost a whopping $10 billion.
The massive plan is part of a multi-pronged approach to prevent storm surges and rising sea level from inundating lower Manhattan—20 percent of downtown is expected to flood daily in 100 years, according to the city. New York is no stranger to climate change, with Superstorm Sandy serving as a 2012 preview of what unprecedented storms can, and will continue to do, to the city. There is little choice but to take drastic steps to protect the economic heart of New York City—where 1 in 10 jobs are located—de Blasio told reporter Thursday."
ny.curbed.com/platform/amp/2019/3/14/18265630/de-blasio-10-billion-plan-expand-lower-manhattan-east-river