Development Going Up Next Door — Advice Needed

I live on a side street off fourth avenue and have just learned that a developer has purchased much of the land they will need to build an enormous 12 story. When the development does go up, we will be just a few doors down. Does anyone have any advice that will assist us in being proactively protected and prepared for this unfortunate turn in events (i.e. beefing up insurance, commissioning a comprehesive engineering study in order to document any potential structural shifts caused by the contruction etc.) Any guidance/advice much appreciated and welcome.

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