Some New York City real estate consultants are using the threat of climate change as a business model.
Higher Tides Realty uses climate change projections to help clients maximize property values. In a promotional video, it promises customers, “We are here to help you benefit from the most significant environmental change since the ice age.”
The company looks for properties that could be undervalued now but may increase in value through the effects of climate change — like sea-level rise creating new waterfront real estate.
