NEC and New York University Evaluate Economic Impact of Flood Protection Project Around the Island of Manhattan
Japan, May 27 -- NEC Corporation, in partnership with New York University (NYU), has evaluated the broader economic impacts of a flood protection project implemented on the Island of Manhattan in New York City. This was achieved by constructing value analysis models for five themes: transportation infrastructure, housing, mental health, and others. The findings showed that losses of up to approximately 800 million US dollars could potentially be avoided.This evaluation was conducted as part of the "Capstone Program" at the NYU Tandon School of Engineering, which helps to solve real-world challenges through the intersection of technology and business. NEC joined the program in September 2025 under the theme "Digital Adaptation Finance for Ur...
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