What you Need to Know About Water Damage Restoration How do you go about water damage restoration? A mold remediation nyc company explains this further. What can be retained and what is to be thrown out? These are the foremost questions for homeowners looking after a water disaster. Water damage attracts mold and bacteria putting the residents more at risk when they come into contact with the infested items and surfaces. Mold can cause allergies, respiratory problems and even death in extreme cases.