Dive summary:

• The Atlantic hurricane season officially began June 1, and along with it came a report from research firm CoreLogic that estimated 4.2 million homes have been built within reach of storm-driven surges of high water in the U.S.
• In a change important to home builders in coastal communities, the flood zones for surges encompass more areas as sea levels continue to rise.
• CoreLogic's report put the value of the property in surge zones at $1.1 trillion.

From the article:

The Federal Emergency Management Agency released a revised flood map for New York suburbs, adding another 35,000 homes and businesses to the list of at-risk properties along the coast. ...